  |
||||
| Asset Divestitures and Acquisitions Farm outs and farm ins. Simco is retained by client companies and acts as their agent in either a purchaser or vendor capacity. Simco is able to advise clients as to the appropriate marketing strategies and structuring of their transactions. In the case of disposals or farm outs, Simco short lists appropriate acquirer companies based on its knowledge of their acquisition objectives, and use of personal contacts within the these companies. Simco handles all the marketing aspects, including preparation of Information Memoranda, follow up contacts, data rooms and technical presentations, as well as involvement in the deal negotiations. In the case of acquisitions and farm ins, Simco utilises its daily updated knowledge base of existing opportunities to source deals. Simco will also use its extensive personal contacts in the industry to secure attractive, often off-market, assets for its clients. |
|
Identification of Project opportunities and Licence applications Through its extensive network of industry contacts, backed up by daily research on international industry developments and affairs, Simco is at the forefront in identifying opportunities and advising its clients accordingly. Upon client company's instructions Simco continues to research the investment opportunity, and acts as the client's representative in forming joint ventures, and consortia to apply for various licences and permits for exploration and field development. |
|
Management and Consultancy Services Asset Management- Simco will assist its clients in the management of their licenses and production sharing contracts. This includes developing license business strategies, interfacing with and reporting to host country Ministries, and liasing with Joint Venture partners for technical and operational committee meetings. Analysis of investment opportunities- Simco supports clients in their acquisition activities by attending datarooms, or making host country visits to gather technical and commercial information, and subsequently preparing reports and technical and economical analyses of the investment opportunity. Business Evaluation- Simco evaluates the business operations of a client, taking into account its licenses and operations, historical performance, and forecasts of projected revenues and cash flows. Simco will thereafter advise on appropriate corporate strategies, and will prepare an Information Memorandum to be used in achieving such strategies. Strategies which Simco will thereafter assist in implementing, include seeking of oil company partners or farminees for individual licenses, seeking of merger candidates, or securing of funding from external sources (from financial markets or investor groups) |