When funding seed capital to a new management team, you are investing in their knowledge and experience in identifying and operating quality assets. From the beginning, Opportune’s outsourcing services offer clients improved efficiency and profitability; a skilled, right-sized staff; reduced headcount and benefits obligations; predictable budgeting costs; lower costs for information technology; and the freedom to focus on strategic activities.
By maintaining property information reports and preparing related lease operating statements by both production month and accounting month, we increase the ways in which clients can access and interpret data. We also calculate and maintain book depreciation, depletion and amortization, and asset retirement obligation schedules based on proved reserve data. Opportune not only sets up and maintains lease and well masters based on each client’s data files, but we also:
Ralph E. Davis Associates LLC (RED) is an industry-leading petroleum engineering and geosciences firm committed to satisfying the individual needs of clients. Upstream oil and gas exploration and production companies, private equity firms, financial institutions and law firms around the world trust in RED’s diverse services and unrivaled upstream oil and gas expertise to deliver comprehensive solutions that help clients make informed decisions. We add value to every engagement by employing a team approach, leveraging Opportune LLP’s experienced bench of experts in transactional due diligence, tax advisory, investment banking, restructuring and valuation. We apply a robust set of technical capabilities to assist our clients. Our capabilities include:
Opportune employs an engagement team approach combining extensive Big 4 and industry experience to research and document solutions to complex reporting and tax issues. We are poised to be advocates for our clients in drafting and presenting positions to internal management, external auditors, the SEC and the IRS. Below are just a few of the solutions we offer clients:
Our team can assist management with both pre-acquisition and post-acquisition valuation analyses from reparation of preliminary purchase price allocations to final allocations for both financial reporting and tax, as well as incentive compensation granted to management. Each valuation is tailored to meet our client’s specific needs, and the results are provided timely to meet agreed upon deadlines. We provide management with a comprehensive valuation report, including a narrative description of the methodologies used, as well as exhibits containing calculations that support our valuation conclusions. The following a few of the solutions we offer:
Opportune provides comprehensive energy tax solutions for businesses in changing markets and structures. Our seasoned professionals combine sound, innovative and adaptable ideas with pragmatism that comes from having been on both sides of the desk, both in corporate and consulting roles. Opportune’s Tax Advisory team works seamlessly with all of our practice areas to accomplish our mission of adding value to clients. Additionally, we perform internal management functions and work in concert with existing accounting and law firms to reach desired transaction results. Here are a few of our our Tax Advisory solutions:
Having held senior executive positions within energy companies and technology firms serving the energy industry, Opportune consultants understand the challenges and opportunities of creating and sustaining a business plan. Our commercial business acumen and deep understanding of operations, technology and risk-management matters help us create effective, value-driven strategies.
Opportune offers responsible recommendations that consider what is at stake and who is affected by strategic decisions within each unique business setting. With pragmatism and confidence, we advise companies on how to sustain and grow market value with minimal risk.