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Opportune was engaged as a subject matter expert in a dispute between partners of an oil and gas company. The matter involved two joint operating partners, one, the financial backer, and the other, the operational partner. Our Client, a third-party accountant for other joint interest owner responsible for the financial funding, was facing a suit claiming our Client was responsible for damages and profit loss. In this suit, the plaintiff hired an expert to provide a supplemental disclosure report on the value and damages to the company, as a result of the dissolved joint venture. This report was based on economic and operational information reflecting the booming period from 2005-2007 and did not include realities from the impact of the oil and gas economic downturn thereafter.

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Opportune was engaged as a subject matter expert in a dispute between partners of an oil and gas company. The matter involved two joint operating partners, one, the financial backer, and the other, the operational partner. Our Client, a third-party accountant for other joint interest owner responsible for the financial funding, was facing a suit claiming our Client was responsible for damages and profit loss. In this suit, the plaintiff hired an expert to provide a supplemental disclosure report on the value and damages to the company, as a result of the dissolved joint venture. This report was based on economic and operational information reflecting the booming period from 2005-2007 and did not include realities from the impact of the oil and gas economic downturn thereafter.