For Property
Sellers...
What
if you could expand your circle of potential buyers and receive top dollar
for your oil and gas properties without the headaches? OilExchange invites you to list your
properties with us. We promote your properties globally, provide
data to qualified buyers and assist in the closing of the transaction.
Sellers also receive a complete digital copy
of their Virtual Data Room free of charge.
OilExchange.com
provides the
following advantages:
-
Valuations are vastly
improved by virtue of the world-wide exposure your property receives
on OilExchange.com. No more second guessing about "money left on
the table."
-
Transparent,
Frictionless Transactions
-
A&D
departments can outsource to OilExchange.com the most time-consuming and
labor intensive tasks, thereby concentrating their attention on
strategic and technical matters.
-
The
divestiture process is significantly accelerated. OilExchange.com's Virtual
Data Rooms provide immediate access to well organized data from
anywhere in the world. Transaction flow is greatly streamlined by
our transaction support mechanisms.
A transaction from the
seller's perspective would flow like this:
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Elements of a
Typical Virtual Data Room
Contents of each data room depends upon the data actually
available for the listed property.
-
Package Description
and Summary Data
-
Field Maps
-
Production Histories
-
Operating Expenses
-
Lease Schedules
-
Engineering
Evaluations
-
Equipment Lists
-
Well Logs
-
Seismic Data
-
Geological Data and
Maps
-
Other Data such as
Site Photos, Environmental Reports, etc.
-
Documents Needed for
Bidding and Closing
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Sellers
are provided with an easy to follow protocol of necessary data. This
protocol can
be filled by technical assistants or clerks (very little time
involvement from the seller's professional staff).
-
Experienced
OilExchange.com personnel sort, reformat, and organize the data as
needed. Again, freeing up the client's staff for more important
tasks.
-
The
data is scanned/digitized as needed and loaded by OilExchange.com personnel into a database that drives our Virtual Data Rooms.
-
Virtual
Data Rooms are set up on the OilExchange.com web site. Data is organized
for easy manipulation and evaluation. Seller now has a fully digital
presentation of the property in their possession.
-
Virtual
Data Rooms are presented to the seller for final approval before
they are made available to potential buyers on the web site. Seller is always in control of how any given property is presented to the
market. There are no surprises.
-
Properties
presented by OilExchange.com are widely marketed by virtue of the global
reach of the Internet and enhanced through the intense and focused OilExchange.com
marketing campaigns.
-
OilExchange.com
transaction support staff searches out prime candidates for any
given property acquisition and markets to those companies directly.
-
OilExchange.com
makes it easy for potential buyers to access critical property data
no matter where they are; thereby making certain that every
potential buyer has the opportunity to pursue the acquisition.
-
Our
transaction support staff provides assistance in responding to
potential buyers' inquiries and facilitates communication between
the client and potential buyers when needed. OilExchange.com maintains a
well organized bidding process.
- Once
a bid is accepted, OilExchange.com works with the seller, providing
assistance when needed during the final due-diligence and closing
process.
Both buyers and sellers are encouraged to
tour a sample Virtual Data Room or "VDR"
(this requires a simple free registration).
For additional Information
If you would like a complete
seller's package including fee agreements and data protocol, please contact OilExchange.com
at:
OilExchange Inc.
1675 Larimer, St.
Suite 510
Denver, CO 80202 USA
Phone (303) 825-0775
Fax (303) 534-2922
sales@oilexchange.com
Reserve
Your Virtual Data Room Now!
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