Upstream: Restructuring

ATP Oil & Gas Corporation (“ATP”), a publicly traded U.S. corporation with oil and gas operations in the Gulf of Mexico, engaged Opportune to serve as a financial advisor during the company’s bankruptcy. ATP has a complex capital structure involving multiple levels of secured debt and other unique contractual financial obligations. Effective restructuring depended on a major deepwater construction project and functioning assets in place to offset significant liquidity issues […]

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Downstream: Process & Technology: ERP & ETRM System Implementation

PBF Energy (“PBF”) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. As a growth organization which successfully completed its IPO, PBF needed a fully integrated solution with the flexibility of adapting to an ever-changing business landscape. PBF initially engaged Opportune to help define its overall IT strategy and systems landscape and […]

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Upstream: Complex Financial Reporting

Midstates Petroleum (Midstates) is an upstream company focused on the acquisition and development of domestic oil and gas properties. Initially recapitalized with private equity capital from a major private equity group, Midstates’ management team engaged Opportune to manage the financial reporting aspects of its initial public offering (IPO) process. Having worked on and managed hundreds of SEC filings, Opportune’s management team is very familiar with IPO timelines. Opportune collaborated with […]

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