The Veracity team has conducted more that 95 corporate, technical and field Due Diligence reviews
on behalf of our clients, prospective purchasers, financial institutions and receivers. These evaluations are paramount in determining overall efficiencies within the
corporation or asset base. Our team consists of senior operations people who are well versed in property evaluation and optimization.
Field Due Diligences are an excellent resource used to identify operational efficiencies,
safety and regulatory issues, maintenance capital deficiencies, optimization opportunities, vendor/landowner relationships, key cost drivers, field operator knowledge,
and manpower requirements.
Some of the benefits of a Corporate Due Diligences review include: G&A comparison to peers,
software program costs, ARO, LLR, operating costs, ongoing site reclamations, employee knowledge and experience, management compensation, IT and office costs, and loan
A Technical Due Diligences review focuses on items such as: current reserves and life,
ooip, drilling/completions opportunities, project economics and viability, technical personnel knowledge.