Minimize ARO, identify consolidation opportunities

We identify and quantify the asset retirement obligations ("ARO") on the books and provide a plan to minimize or eliminate these liabilities. Because clients often hold non-operated legacy interests in suspended or abandoned wells that have not been fully reclaimed, these result in an ongoing balance sheet liability and annual JVB payments for surface and mineral lease rentals. We will provide a pro-active plan to eliminate these liabilities. Our property reviews often result in a sale or the consolidation of the property, if upside opportunities are identified.