Veracity Energy Services Ltd.
Suite 200, 744 - 4th Avenue SW
Calgary, Alberta
Canada T2P 3T4

Office:             403-537-1300
Fax:                 403-265-4011
Emergency: 1-866-618-2933

Asset Management
Production Operations
Due Diligence Review
Completions, Workovers, Abandonment
Pipeline, Facility, Lease Construction
       Land Administration
Financial and Production Accounting
Engineering and Technical
Geological and Geophysical
Government and Regulatory

Due Diligence

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 structures.

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.

  • Determine condition of surface equipment
  • Identify operating concerns
  • Identify safety and regulatory deficiencies
  • Identify environmental issues to provide liability cost estimates
  • Evaluate field economics and provide solutions to operating costs

Veracity Energy Services Ltd.
Suite 200, 744 - 4th Avenue SW
Calgary, Alberta, Canada T2P 3T4

Office: 1-403-537-1300
Fax: 1-403-265-4011
Emergency: 1-866-618-2933