Imagine a world where M&A transactions seamlessly integrate, unlocking the full potential of the merged entity. This is achievable through a structured approach that optimizes synergies and ensures a smooth transition. By...more
The Opportune 2023 Study has been conducted to independently calculate the OCS plugging and abandonment (P&A) liability, assess the risk such liability poses to the U.S. taxpayer, and perform a cost-benefit analysis of how...more
7/18/2023
/ Asset Valuations ,
BSEE ,
Energy Sector ,
Offshore Drilling ,
Oil & Gas ,
Orphan Wells ,
Outer Continental Shelf ,
Proposed Rules ,
Regulatory Standards ,
Risk Assessment ,
Surety Bonds
In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases. This new lease accounting standard (ASC 842) significantly impacts how private and public businesses across...more
SPACs, or so-called “blank check companies”, are an alternative and expedient route to going public, but the financial reporting, tax, and governance aspects of the SPAC’s future investments must be considered.
Previously...more
Investment management organizations are stepping up their commitment to the role ESG plays in long-term value creation, but what are the broader implications for the energy industry?...more
With limited exit and financing alternatives, oil and gas companies must take decisive steps to address G&A and overhead costs to ensure the financial health of the organization and their stakeholders....more
The coronavirus (COVID-19) pandemic is creating a great deal of uncertainty, disrupting daily life, impacting public health and causing short- and long-term economic repercussions. This is no different for the energy...more
Investors and stakeholders are increasingly demanding that companies address Environmental, Social, and Governance (ESG) issues and demonstrate how their Boards oversee strategic and operational decisions related to ESG and...more
With oil and gas production rising year-on-year, funding for building out midstream oil and gas infrastructure is needed more than ever to economically ferry the commodities to destinations like refineries, natural-gas...more
Public midstream oil and gas entities continue to face ever-increasing complexity related to filing financial statements that are compliant with GAAP and the U.S. Securities and Exchange Commission (SEC). The SEC has been...more