Opportune has one of the most respected international independent petroleum engineering firms, Ralph E. Davis Associates, as its expert on:
The firm has over 30 years of professional leadership experience in the energy industry and has led billions of dollars of technical evaluations and oil and gas transactions.
Mr. Hendrickson, from Ralph E. Davis Associates (established in 1924), brings his expertise to our team to expand our offerings in managing financial and technical teams to add value through acquisitions, reserves engineering, technical evaluations and energy finance.
Upstream: 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 MorePBF Holding Company, LLC, (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. PBF initially engaged Opportune to help define its overall IT s... [...]
Read MoreA Houston-based, private-equity backed exploration and production company (the Company) is focused on the acquisition and development of producing oil and gas assets in North America. The Company purchased offshore properties located in the Gulf of Mexico from an undisclosed seller (the Seller) ef... [...]
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 MoreA Houston, Texas-based publicly traded oil and gas operator with operations in Texas, Louisiana, California and the Rockies, (“the Company”) completed a merger of equals with a Tulsa, Oklahoma-based operator (“the merging entity”). The merger resulted in the Company incorporating Oklahoma assets in... [...]
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 MoreOpportune is partnering with an undisclosed oil refiner (“the Client”). The complexity of the refinery and its strategic position allow it to be ideally situated to participate in the International Maritime Organization (IMO) 2020 regulation, which will require ocean-going vessels to cap the amount... [...]
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 MoreThe refiner engaged Opportune because of its industry and technology expertise, plus Opportune’s ability to innovate in new and agile ways. By leveraging the power of the Salesforce platform and its Sales, Service and Community Cloud capabilities, Opportune’s team delivered a solution that exceeded... [...]
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 MoreA privately held, Oklahoma-based E&P company (“the Company”) is focused on developing horizontal play concepts in the SCOOP/STACK shale play. The Company built a sizable acreage position, including producing horizontal and vertical wells, through a successful greenfield leasing effort and the manag... [...]
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 MoreOne of the largest independent oil and gas companies in the world with significant proven reserves in North America had a growing awareness of the opportunity and responsibility to influence third-party organizations that drove policy and regulatory decisions. Government, industry and advocacy orga... [...]
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 MoreThe Tennessee Valley Authority (“TVA”), a corporation owned by the U.S. government, provides electricity for 9 million people in parts of seven southeastern states. TVA consumes about $4.5 billion of coal, gas, nuclear fuel and purchased power on an annual basis, serving its customers through its f... [...]
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 MoreA major alternative investment management organization (“the Company”) has developed a diversified investment platform and manages capital for many of the world’s most prominent institutional investors, public and corporate pension funds, endowments, foundations, family offices and high net worth i... [...]
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 MoreSuper Major LNG Co. (“LNG Co.”) is the LNG production and marketing business unit for a super major oil company. LNG Co. has global production and sales activities. Historically, the LNG business model has been long-term sales (20 years) tied to the development of specific LNG production facilities... [...]
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 MoreRisk Management: When a highly successful privately-held trader wanted an expert’s view of risk management, they turned to Opportune. Our independent view of the traders’ policies, controls and risk oversight have provided a roadmap for ongoing improvements, and Opportune also annually provides t... [...]
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 MoreA global investment bank with an active involvement in emerging markets had a goal to expand its commodities business with trading and logistics operations in physical oil, coal, iron ore, and metals. As part of the company’s growth strategy, it engaged Opportune to expand its process and technolo... [...]
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... [...]
Read MoreA global oilfield products and services company (the Company) based in Houston, Texas designs, manufactures and distributes products used in the exploration, development, production and transportation of oil and natural gas. The Company engaged Opportune’s tax team after recent growth due to multip... [...]
Read MoreOne of the largest natural gas, oil, and NGL midstream MLPs in the United States (Midstream MLP) has grown rapidly through acquisitions and organic growth. The resulting structure includes multiple publicly trading entities, over 500 legal entities, and dozens of joint-ventures. Consolidations an... [...]
Read MoreA preeminent natural gas and NGL gatherer, processor and marketer (the Company) in the United States had grown significantly as the onshore shale drilling industry flourished. The Company’s business processes, systems and organization were challenged by the unprecedented growth in volume, complexi... [...]
Read MoreA large foreign multinational corporation (the Company) invests in power plants and renewable energy ventures in addition to its businesses in the manufacturing, trading, and financial services. The Company had recently invested in a U.S.-based wind powered electricity generation facility (the win... [...]
Read MoreAn oilfield services company (OFS Co.), engaged Opportune for assistance with implementing hedge accounting for their Euro denominated revenue contract. OFS Co. was concerned a strengthening U.S. dollar (USD) would erode the margin budgeted for the revenue contract. Opportune provided guidance on ... [...]
Read MorePrecious Metals Mining Company (PMM Co.) is a domestic publicly listed precious metals producer focused on mining, developing, and exploring properties. It currently operates a wholly owned gold mine, in addition to a number of early and advanced stage exploration properties in the U.S. PMM Co. c... [...]
Read MoreHeadquartered in Philadelphia, Pennsylvania, Sunoco is part of the Energy Transfer Partners, L.P. family of companies. Sunoco engaged Opportune’s Process and Technology practice to implement an integrated Energy Trade Risk Management (ETRM) System solution to support their Retail and Marketing busi... [...]
Read MoreAn oil and gas midstream company (the Company) headquartered in Dallas, Texas, with midstream assets in Texas, Louisiana, and Marcellus regions, acquired natural gas assets in September 2014. The $235 million acquisition included 1400 miles of intrastate and interstate natural gas pipelines and 11 ... [...]
Read MoreParsley Energy Inc. (Parsley) is an exploration and production company with operations in the Permian Basin and is based in Midland, Texas. Opportune was engaged to assist Parsley through its initial public offering (IPO) process, including filing a registration statement on Form S-1 (S-1) with th... [...]
Read MoreMonroe Energy, LLC (Monroe) is a wholly-owned subsidiary of Delta Air Lines, Inc. (Delta) and operates the 185,000 bpd refinery in Trainer, Pennsylvania (Trainer Refinery). In 2011, the Trainer Refinery was idled and ceased operations until late June 2012, when the refinery was officially acquired... [...]
Read MoreAs part of an initiative to ensure continued compliance with all state and local taxing jurisdictions, a worldwide manufacturer and master distributing company (the Company) engaged Opportune to serve as its state and local tax function. At the conclusion of a nexus study and internal conversation... [...]
Read MoreGMX Resources Inc. (GMXR) is a publicly-traded, independent oil and gas exploration and production company based in Oklahoma City, Oklahoma that developed acreage in Williston Basin, Denver Julesburg Basin, Haynesville/Bossier and Cotton Valley Sand formations. On April 1, 2013, GMXR filed a joint... [...]
Read MoreCantera Energy LLC (Cantera), an investment portfolio company of Kayne Anderson Energy Funds, is an independent oil and gas company focused on the acquisition and development of properties with identified exploration and development upside in the onshore Gulf Coast Regions. The Houston-based compan... [...]
Read MoreIn 2014, the U.S. Department of Energy (DOE), the prime contractor in support of the Rocky Mountain Oilfield Testing Center (RMOTC), engaged Ralph E. Davis Associates (Davis) to provide an evaluation report of the Naval Petroleum Reserve No.3 (historically known as the Teapot Dome Oil Field), locat... [...]
Read MorePBF Holding Company LLC (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. PBF engaged Opportune to perform as subject matter experts, provi... [...]
Read MoreFieldwood Energy, LLC. (Fieldwood) is a Houston-based portfolio company of Riverstone Holdings, LLC. (Riverstone), focused on the acquisition and development of conventional oil and gas assets in North America, including the Gulf of Mexico. On September 30, 2013, Fieldwood acquired Apache Corporati... [...]
Read MoreMidstates Petroleum Company, Inc. (Midstates) is an independent exploration and production company focused on the application of modern drilling and completion techniques to oil/liquids-prone resources in previously discovered, yet underdeveloped hydrocarbon trends. Midstates is headquartered in Ho... [...]
Read MorePBF Energy (PBF) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstock, lubricants, and other petroleum products in the United States. Opportune has a relationship with PBF, and they engaged our Process and Technol... [...]
Read MoreThe Electric Reliability Council of Texas (ERCOT) is an independent systems operator that manages the flow of electric power to 24 million Texas customers, representing close to 90 percent of the state’s electric load. Total capacity in the ERCOT market exceeds 74,000 megawatts. Initially, ERCOT en... [...]
Read MoreFounded in 2008, Parsley Energy, Inc. (Parsley) is an independent oil and natural gas company with operations in the Permian Basin, where they develop unconventional oil and natural gas reserves. Over the past several years, Parsley has grown from a two-person start-up to a large-scale corporation... [...]
Read MoreParsley Energy Inc. (Parsley), is an exploration and production company withoperations in the Permian Basin and is based in Midland, Texas. Opportune wasengaged to assist Parsley through its initial public offering (IPO) process, includingfiling a registration statement on Form S-1 (S-1) with the ... [...]
Read MoreOpportune 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 responsi... [...]
Read MoreAn undisclosed lender for a privately held trading company engaged Opportune as a crisis manager to assist in the evaluation of immediate liquidity needs, the ongoing viability of the trading company’s business, and the cost benefit of liquidation. Opportune served as a financial advisor and provid... [...]
Read MoreA fully integrated North American energy retailer and services provider engaged Opportune to assist in the development of a 15-month set of goals, objectives, and plans for the Chief Financial Officer (CFO). Opportune began by conducting a careful background assessment and analysis of the current o... [...]
Read MoreA privately held global financial services firm was considering extending additional debt to one of the oil and gas exploration and production (E&P) companies in its investment portfolio. Headquartered in Knoxville, Tennessee, the E&P Company focuses its operations in Cook Inlet, Alaska and the App... [...]
Read MoreUniversity Lands, a department of The University of Texas (UT) System, manages the system’s mineral interests and surface rights to approximately 2.1 million acres located primarily in the Permian Basin. As a result of the shale boom in West Texas, University Lands recognized the need for more stre... [...]
Read MoreDuring the first few months as the new Chief Accounting Officer (CAO) of a global gas compression services company (the Company), the CAO unknowingly reported inaccurate financial reports to the Company’s key stakeholders. These financial reports were the result of heavily dependent ad hoc and inco... [...]
Read MorePBF Energy (PBF) is one of the largest independent petroleum refiners and suppliers of petroleum products in the United States. PBF recently completed its IPO and continues to grow rapidly. Opportune was initially engaged to implement PBF’s ETRM system (RightAngle) and was further engaged by the Ta... [...]
Read MoreThe Undisclosed E&P Company (The Company) is the Holder of strategic assets primarily in the shallow waters of the Gulf of Mexico. The Company’s focus is on acquisitions, production enhancements,… [...]
Read MoreMemorial Production Partners LP (Memorial) is a publicly traded limited partnership that was formed in 2011 to own, acquire and exploit oil and natural gas properties in North America. Memorial acquired its initial assets from three separate operating companies of Natural Gas Partners (NGP) in Dece... [...]
Read MoreEnerVest is one of the 25 largest oil and gas companies in the United States, with more than 27,000 wells across 16 states, 5.5 million acres under lease, and more than $10 billion in assets under management. EnerVest has been a successful sponsor for over 20 years as an operating company for insti... [...]
Read MoreIn 2008, Flatrock Energy Advisors LLC and EnCap Investments L.P. joined together to create EnCap Flatrock Midstream (“EnCap Flatrock”), a private equity firm dedicated to invest in the midstream sector of the North American energy industry. Today EnCap Flatrock has more than $3 billion in total ass... [...]
Read MoreUniversity Lands, a department of the University of Texas System’s Office of Business Affairs, manages the Permanent University Fund lands and all operations therein. University Lands’ operations include both the mineral interests and surface rights for approximately 2.1 million acres, primarily in... [...]
Read MoreATP 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 ... [...]
Read MorePBF 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 f... [...]
Read MoreMidstates 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... [...]
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President of Ralph E. Davis Associates