Due Diligence:

• Verify sellers cash flow representations
• Verify sellers working and net revenue interest representations
• Review well files - farmout agreements, joint operating agreements, etc.
• Review well payout status, reversionary interests, etc.
• Review gas contracts - terms, pricing, nominations, gathering agreements
• Review regulatory compliance - Federal and State
• Verify sellers gas imbalance representations
• Review gathering system imbalances
• Transfer of Title, revenue payments and contracts
• Notification to all purchasers, operators and vendors
• Preparation of Transfer Orders, exhibits to assignments
• Preparation and Recording of Agency Assignments (BIA, BLM, and State)
• Filing of Agency lease bonding requirements
• Preparation and distribution of letters in lieu
• Follow up of all correspondence
• Coordinate and supervise manual and mechanical conversion of records
• Review and organization of files to identify contract and marketing status
• Preparation of contract briefs and other organizational reports
• Automation of contracts and records
• Contract/Actual price reconciliation
• Identification of gas nomination and allocation problems

For more information, please contact us.