An undisclosed global producer of chemicals (“the Company”) recently entered the oil and gas exploration and production business by acquiring 43,686 net acres, including leasehold interest in 107 wells, in the Austin Chalk and Eagle Ford fairways of the established Giddings Field for $30.0 million. The Company engaged Opportune professionals to perform certain financial due diligence procedures to support the acquisition. Specifically, Opportune professionals were engaged by the client to provide the following services:
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An undisclosed global producer of chemicals (“the Company”) recently entered the oil and gas exploration and production business by acquiring 43,686 net acres, including leasehold interest in 107 wells, in the Austin Chalk and Eagle Ford fairways of the established Giddings Field for $30.0 million. The Company engaged Opportune professionals to perform certain financial due diligence procedures to support the acquisition. Specifically, Opportune professionals were engaged by the client to provide the following services: