Opportune is your trusted partner in a time of energy commodity price volatility and an inherently ever-competitive investment landscape.
Our expert team works with investment banks, hedge funds, and private equity firms to assist you from origination to exit. We have expertise in working with private equity firms to maximize the investment, sustainability, and exit strategies of their portfolio.
We distinguish ourselves from other energy consulting firms by our team's deep energy industry expertise. Our professionals include C-level industry executives and board members of public companies and former partners with Big 4 accounting firms — all with careers dedicated to the energy industry.
Are you capitalizing on the full potential of your private equity portfolio?
Find out how Opportune added value to an upstream company by serving as a financial advisor and providing expert witness testimony during its Chapter 11 bankruptcy filing. [...]
Read MoreFind out how Opportune added value by providing testimony related to disputed charges that were incurred under a TSA arising from the purchase of offshore properties. [...]
Read MoreFind out how Opportune added value by serving as the financial advisor to the liquidating trust in support of a business interruption claim. [...]
Read MoreFind out how Opportune added value by advising Ring Energy on the completion of its acquisition of the assets of privately-held Stronghold Energy II Operating LLC and Stronghold Energy II Royalties LP. [...]
Read MoreFind out how Opportune added value by advising the board and rendered a fairness opinion in connection with a SPAC merger. [...]
Read MoreFind out how Opportune added value by advising SCF Partners in its investment in T.D. Williamson, a leader in pipeline maintenance and integrity. [...]
Read MoreFind out how Opportune added value to a merger transaction by combining the expertise of three different practice areas. [...]
Read MoreFind out how Opportune recently supported PSS Industrial Group on the recapitalization of its balance sheet. [...]
Read MoreFind out how Opportune added value to a leading midstream company by utilizing its experienced functional and technical resources to implement a RightAngle upgrade. [...]
Read MoreFind out how Opportune added value to a major refiner by utilizing its experienced functional and technical resources to implement a RightAngle upgrade. [...]
Read MoreFind out how Opportune added value to a midstream company by adding integration between the ETRM and intrastate pipelines for gas nominations. [...]
Read MoreFind out how Opportune added value to a midstream company by providing a detailed report and supporting information to make an investment decision. [...]
Read MoreFind out how Opportune added value to an upstream company by replacing its legacy custom systems and streamlined its business processes. [...]
Read MoreFind out how Opportune added value to a private equity company by leveraging its extensive experience handling IT and SCADA operations without impacting daily operations. [...]
Read MoreFind out how Opportune added value to a solar company by providing a detailed quality of earnings review in connection with an acquisition. [...]
Read MoreFind out how Opportune added value by utilizing its experienced technical resources to implement a RightAngle upgrade [...]
Read MoreFind out how Opportune added value by assisting with financial due diligence and leading software implementation and conversion efforts in support of a Delaware Basin acquisition. [...]
Read MoreFind out how Opportune added value to an upstream company by performing a best-practices assessment. [...]
Read MoreFind out how Opportune added value to a mid-sized private company by providing deep knowledge of power plant IT, operational technology, power plant activities, and the solutions used to support those plant processes. [...]
Read MoreFind out how Ralph E. Davis Associates (RED) added value to an upstream company by leveraging its deep technical and financial analysis. [...]
Read MoreFind out how Opportune added value to an upstream company by leveraging its extensive data integration experience. [...]
Read MoreFind out how Opportune added value to a clean energy technology company by leveraging extensive IPO readiness advisory expertise. [...]
Read MoreFind out how Opportune added value to a downstream company by providing deep knowledge of refinery yield accounting, downstream hydrocarbon supply chain, and commercial activities, and the IT solutions used to support those business processes. [...]
Read MoreFind out how Opportune added value to the M&A IT transition process by working with a downstream company to understand the critical pieces to get the business up and running before the first run of crude oil. [...]
Read MoreFind out how Opportune added value to a downstream refiner by completing an ETRM implementation and IT application architecture in an unprecedented span of 10 months for three refining assets. [...]
Read MoreFind out how Opportune added value to a midstream company by leading systems integration work for a pipeline acquisition from an undisclosed seller. [...]
Read MoreFind out how Opportune added value to the multi-functional effort of the midstream business combination. [...]
Read MoreFind out how Opportune added value to an upstream company by managing two major integrations and data conversions. [...]
Read MoreFind out how Opportune added value to an upstream company by providing insights into the needs of RBL lenders, which allowed us to serve as a trusted business advisor to the agent in achieving a resolution to the Chapter 11 process. [...]
Read MoreFind out how Opportune added value by providing related technical financial reporting, valuation, and purchase price allocation services in connection with a merger. [...]
Read MoreFind out how Opportune added value to a leading transmission-only utility company by conducting a business continuity plan. [...]
Read MoreFind out how Opportune added value by performing financial and tax due diligence procedures for a leading private equity-backed group in the technology and engineering solutions sector. [...]
Read MoreFind out how Opportune added value by successfully delivering an Endur ETRM system implementation for an upstream oil and gas company. [...]
Read MoreFind out how Opportune added value by successfully delivering an enhanced ETRM technology solution for a downstream oil and gas company. [...]
Read MoreFind out how Opportune added value by successfully implementing a RightAngle ETRM solution for an upstream oil and gas company. [...]
Read MoreFind out how Opportune added value by successfully implementing an ETRM RightAngle solution for a downstream refining company. [...]
Read MoreFind out how Opportune added value by implementing RightAngle ETRM for a midstream client to meet successful startup. [...]
Read MoreFind out how Opportune delivered value by providing business transformation, restructuring, and due diligence solutionsto commodity trading organizations, banks, and their stakeholders. [...]
Read MoreFind out how Opportune added value by performing financial due diligence procedures in connection with an acquisition. [...]
Read MoreFind out how Opportune added value by implementing RightAngle ETRM for a midstream client to improve its trading footprint. [...]
Read MoreFind out how Opportune Partners LLC added value by providing a fairness opinion for a private equity portfolio company merger. [...]
Read MoreUpstream: Restructuring/Investment Banking: Renaissance Offshore: Financial Advisor In Out-Of-Court Restructuring Renaissance Offshore (“the Company”) was founded in December 2011 as an acquirer and developer of legacy oil fields in the… [...]
Read MoreFind out how Opportune added value by assisting with the review of the final settlement and transition services statements for a Houston-based E&P company. [...]
Read More“Project Charlie” was an asset acquisition led by a leadership team backed by a private equity (PE) firm. The leadership team was assembled for this transaction and it didn’t hold any other assets previously. The asset consisted of 1,000 operated wells and 400 non-operated wells that included lease... [...]
Read MoreAndeavor (“the Company”), acquired by Marathon Petroleum Corp. in 2018, is an oil refining company headquartered in San Antonio, TX. Opportune LLP worked as a part of the SAP delivery organization to assist Andeavor to deliver “Project One”, the program to implement a full suite of SAP S/4 HANA. Th... [...]
Read MoreTwo oil and gas operators, one public and one private, completed a merger in February 2019 to combine into a new publicly traded operating entity under a different name. The new company is focused on developing unconventional resources in the Marcellus/Utica shale plays. Opportune was engaged to pr... [...]
Read MoreIn August 2019, Opportune was engaged to provide advisory services and aid in the consolidation of a private equity investment firm’s (“Private Equity Firm”) current portfolio. Private Equity Firm operates… [...]
Read MoreThe Company is a privately held oil and gas company with exploration and production (E&P) operations focused on offshore Gulf of Mexico (GoM). In May 2019, the Company engaged Opportune to complete a conversion of the acquired company’s master data and transaction history from Excalibur to OGsys, t... [...]
Read MoreFind out how Opportune added value to an upstream company by delivery merger integration solutions. [...]
Read MoreA public company (“the Company”) is a leading manufacturer of heating and cooling products. The Company received a $23 million New Markets Tax Credit (NMTC) allocation for its new facility expansion at its Longview, Texas manufacturing plant. The NMTC program was created under the Community Renewal... [...]
Read MoreA private E&P company (“the Company”) is expanding through an asset acquisition and development in the Eagle Ford Basin. The Company engaged Opportune’s Complex Financial Reporting professionals to assist with its revenue recognition (“ASC 606”) and lease accounting (“ASC 842”) implementations in c... [...]
Read MoreLafayette, Louisiana-based PetroQuest Energy Inc. (“the Company”) operates as an independent oil and gas company in Texas and Louisiana. In November 2018, The Company filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court in Houston, citing a reorganization plan to eliminate $204.5... [...]
Read MoreIn late October 2018, Gastar engaged Opportune after it had entered into a restructuring support agreement (“RSA”) with certain holders of Claims and Interests, including the Term Lender, the Second Lien Noteholders and certain holders of Existing Common Interests. To implement the terms of the RSA... [...]
Read MoreThe company engaged Opportune to implement a system that would serve as a central hub for all information and activities related to asset service and inspections. Building on the inherent strengths of the Salesforce platform, Opportune recommended, implemented and customized Salesforce Field Servic... [...]
Read MoreFind out how Opportune added value to a downstream client by provided mass balance and inventory management systems expertise. [...]
Read MoreThe Company engaged Opportune to manage the IT infrastructure and systems cutover plan. This included assessing the scope of systems being transitioned, coordinating the various teams and monitoring the progress and issues during the cutover weekend. Opportune was also engaged as the project manage... [...]
Read MoreOpportune’s Outsourcing professionals were engaged by the client to provide back-office accounting, including accounts payable, treasury and financial reporting. Opportune’s Complex Financial Reporting team provides technical accounting insights related to the Company’s debt and how it should be re... [...]
Read MoreFind out how Opportune added value to a downstream company by delivering a transformative customer engagement experience in just four months. [...]
Read MoreOpportune was engaged in March 2019 to lead a comprehensive data conversion project for Midstream Company’s lease crude gathering business in the Permian Basin. This project was multifaceted; not only were data systems being added and removed, business functions and resources were being relocated f... [...]
Read MoreRalph E. Davis Associates (RED) professionals added value by conducting a review of all data and information associated with certain producing oil and natural gas properties in the Eagle Ford play in Texas in which the client has an ownership position. RED used the guidelines for reserve classifica... [...]
Read MoreThe client engaged Opportune senior professionals to serve as an advisor to review their organization and IT strategy. The company had recently reorganized to create more separation and autonomy between supply and marketing organizations. This created the potential for significant changes to strate... [...]
Read MoreFind out how Opportune added value to an E&P company by providing subject matter experts in land, engineering, operational accounting, and financial reporting. [...]
Read MoreOpportune was engaged by a midstream company to conduct a valuation, specifically an allocation of sale price, for tax purposes in accordance with Internal Revenue Code (“IRC”) Section 1060 in connection with the sale of their assets to a strategic buyer. In this case, the buyer and seller disagree... [...]
Read MoreA large oilfield services and tool company (“the Company”) supplies a wide offering of rental equipment and services for drilling, completion and well control activities—serving a diverse base of oil and natural gas E&P operators. Opportune was engaged as Chief Restructuring Officers by the Company... [...]
Read MoreA private equity-backed startup (“the Company”) consisting of three executive personnel—Chief Executive Officer, Chief Operational Officer and Chief Development Officer—purchased approximately 1,500 operated wells and 2,500 non-operated wells, along with associated midstream assets, for $190 millio... [...]
Read MoreUndisclosed Oil & Gas Co. (“Midstream Company”) is a diverse oil, gas and NGL gathering, processing, storage and transportation company with operations in five states. Midstream Company has grown organically and through several strategic acquisitions. [...]
Read MoreNatural Gas Trading and Asset Management Co. (“NG TradeCo”) is a natural gas wholesaler who captures arbitrage opportunities primarily by managing physical assets. NG TradeCo is involved with natural gas marketing, trading, pipeline transport and capacity management, storage and asset management ag... [...]
Read MoreAn 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.... [...]
Read MorePrivate capital-sponsored midstream company (“the Company”) focused on crude oil gathering in Colorado. The Company engaged Opportune in 2018 to provide valuation services for tax purposes in connection with the sale of the Company. In connection with the sale of the Company, the buyer and seller c... [...]
Read MoreRalph E. Davis Associates (RED) was hired by the Company, which was looking to acquire Salt Water Disposal (SWD) wells in the Utica play area in eastern Ohio. The Company was making an entry in the basin and hired RED to conduct a review of permitting and production activity adjacent to an acquisit... [...]
Read MoreA private equity-backed midstream company (“the Company”) selectively evaluates acquisition opportunities with an eye toward the strategic expansion of underutilized assets in both mature and emerging basins. Ralph E. Davis Associates (RED) professionals were hired by the Company with an oil gather... [...]
Read MoreFind out how Opportune added value to an upstream company by delivering it a tool that priorities and simplifies how stakeholders capture and access information and streamline workflows. [...]
Read MoreOpportune was engaged by an international bank serving as the agent for a lender group to conduct valuation analyses of two terminal facilities in connection with the renewal of an existing loan. The analyses included both the value of the terminals as businesses and the underlying tangible assets. [...]
Read MoreFind out how Opportune added value to TVA by providing risk management and business transformation solutions. [...]
Read MoreOpportune’s Outsourcing professionals were engaged by an undisclosed U.S. midstream oil and gas company (“the Company”) to provide back-office accounting services, including accounts payable, treasury and financial reporting. Additionally, the team creates monthly financial statements and helps wit... [...]
Read MoreUndisclosed Oil & Gas Co. (“Midstream Company”) is a publicly traded MLP in the pipeline transportation, marketing and storage business. Looking to drive process efficiency and data standardization, Midstream Company engaged Opportune to streamline and automate their pipeline access application pro... [...]
Read MoreFind out how Opportune added value by providing the client with a detailed report documenting the results of our findings that provided sufficient information to make an investment decision. [...]
Read MoreA global investment management corporation based in New York engaged Ralph E. Davis Associates (RED) to conduct technical evaluations and asset reviews of an oil property located in the East Shetland Basin in the UK Northern North Sea. This property is a redevelopment of a prematurely decommissione... [...]
Read MoreUndisclosed Oil & Gas Co. is one of the largest integrated oil companies in the world. Annually ranked near the top of global and U.S. Fortune 500 lists for more than 50 years, it is a recognized leader in the oil and gas industry. Undisclosed Oil & Gas Co. has re-evaluated their practices in commo... [...]
Read MoreFind out how Opportune added value to a supermajor LNG company by evaluating IT system and business process changes necessary for supporting a new asset-backed trading model. [...]
Read More“NG Retail Distributor” is an unregulated natural gas retail distributor that captures arbitrage opportunities primarily by managing physical assets. NG Retail Distributor is involved with natural gas marketing, trading, pipeline transport and capacity management, storage and asset management agree... [...]
Read MoreA Houston-based oil and gas exploration company engaged Opportune in 2017 to assist with the conversion from full cost to the successful efforts method of accounting for oil and gas properties for fiscal years ended December 31, 2011 through 2017. The successful efforts method of accounting is pref... [...]
Read MoreJonah Energy LLC (“Jonah”) is an exploration and production (“E&P”) company. Jonah acquired the Jonah Field located in Sublette County, Wyoming from Encana Corp. on May 12, 2014. At the time of the Encana acquisition, Jonah had a skeleton management team and limited infrastructure for operating an ... [...]
Read MoreOpportune LLP was approached by an oil and gas exploration and production company (“Producer Co.”) that was seeking assistance to develop a hedging program associated with a new asset acquisition. Producer Co. engaged Opportune to provide risk management advisory and hedge execution services neede... [...]
Read MoreOpportune LLP was engaged by an upstream oil and gas producer (OIL Co.) to assist with the implementation of hedge reporting for their Euro-denominated expenses related to purchases of field equipment from European firms. OIL Co. is a U.S.-dollar functional currency entity that is exposed to curren... [...]
Read MoreFieldwood Energy LLC, a Houston-based, private-equity backed exploration and production company (the Company), is focused on the acquisition and development of oil and gas assets in the Gulf of Mexico region. On February 14, 2018, the Company filed for chapter 11 bankruptcy protection in the Southe... [...]
Read MoreIn late 2017, Ralph E. Davis Associates was engaged by Greenfield Midstream to perform technical due diligence for a midstream project in the DJ Basin in Colorado. Upon completion of the work, Greenfield Midstream partnered with Noble Energy to form a joint venture, Black Diamond Gathering LLC, and... [...]
Read MoreEssential Power (the Company) is a merchant power company that operates a fleet of natural gas-fired plants in PJM and ISO-NE. The Company’s ability to realize the inherent optionality embedded in its plants is dependent on strong commercial skills and market knowledge, supported by accurate views ... [...]
Read MoreMolycorp Inc. (the Company) produced and sold rare earths and rare earth materials in the U.S. and internationally. Dacarba LLC, an Opportune LLP company, was engaged to provide interim management, serving as Senior Vice President Finance and Treasurer and was a key participant in the administratio... [...]
Read MoreAlpha Natural Resources (the Company) was the second-largest coal supplier among publicly traded coal producers with $4.3 billion of revenues in 2014 and 8,900 employees. The Company filed for bankruptcy in August 2015 with $4 billion of funded debt and emerged in July 2016 whereby certain assets o... [...]
Read MoreRDT Inc., a supplier of oil/gas drilling tubular tools to operators and drilling contractors, engaged Opportune LLP to serve as Chief Restructuring Officer (“CRO”) and to evaluate and pursue strategic alternatives for the business in a highly distressed situation. Activities included cost savings i... [...]
Read MoreAssala Energy is an oil and gas exploration company, backed by Carlyle Group, focused on opportunities in Sub-Saharan Africa. The Assala Energy strategy was to invest in mid-life and mature assets to increase production and extend field lifecycles, while prioritizing integrity, safety and responsib... [...]
Read MoreNorth American Power (NAP) is a retail power and natural gas supplier based in Norwalk, Connecticut. Founded in 2009, NAP has over $250 million in revenues and has been recognized by Forbes as one of America's Most Promising Companies, and by Inc. 5000 as one of America's Fastest Growing Private C... [...]
Read MoreGawker Media, LLC was an online digital media company based in New York, New York. Its publications included Gizmodo, Lifehacker, Jezebel, and Deadspin. Opportune LLP was engaged by Gawker Media to provide essential restructuring support during its Chapter 11 bankruptcy filing and through the ev... [...]
Read MoreThe Term Loan B lenders for Southcross Holdings LP, a midstream company with facilities and pipelines in south Texas, Mississippi, and Alabama, engaged Opportune to assist in operational analysis and advise on the ensuing restructuring of the company. Opportune served as the financial advisor and a... [...]
Read MoreAn investment bank and commodity trader with Russian roots started up a physical commodities business. The company chose OpenLink RightAngle to support their new physical business. The company engaged Opportune to lead the delivery of the greenfield Commodities Trading and Risk Management (CTRM) s... [...]
Read MoreFind out how Opportune added value by providing enhancements to ETRM systems for a global investment bank. [...]
Read MoreUndisclosed Gas Company is one of the largest integrated oil companies in the world. Annually ranked in the top of Global and US Fortune 500 lists for more than 50 years, it is a recognized leader in the oil and gas industry. Undisclosed Gas Company engaged Opportune to lead Supply Predictive Analy... [...]
Read MoreA large midstream natural gas gathering and processing Master Limited Partnership (Company) acquired three diverse companies for $8 billion in a matter of four months. Company was faced with completing Day 1 and long term integration activities covering commercial, operations, accounting, IT, lega... [...]
Read MoreCompany is a publicly traded Master Limited Partnership formed by the merger of two midstream companies. Company owns and operates approximately 9,000 miles of gathering and transportation pipelines, 13 gas processing plants, seven fractionators, as well as barge and rail terminals, product stora... [...]
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