Minimize ARO, identify and close consolidation opportunities

We can review and confirm your corporate asset retirement obligations ("ARO") and provide a plan to minimize or eliminate these liabilities. Clients often hold non-operated legacy interests in suspended or abandoned wells that have not been fully reclaimed, which result in an ongoing balance sheet liability and annual payments for surface and mineral lease rentals. We can provide a pro-active plan to eliminate these liabilities. Our property reviews often result in the sale of the asset or the acquisition of additional interests in a property, if upside opportunities are identified. We also assist clients in the identification, documentation and closing of corporate and asset purchase and sale transactions.