Oil and Gas Industry Expert in Asset Acquisitions

Case Description:

An oil and gas industry expert with acquisitions experience was required for litigation alleging breach of contract. The plaintiff acted as a finder in a transaction involving two oil and gas companies. When the transaction was complete, the defendant allegedly refused to pay the plaintiff the industry standard finder’s fee.

IMS ExpertServices was asked to locate an oil and gas industry expert with knowledge of the industry’s customs and standards regarding the role of finders, acquisition agreements, and finder’s fees. An industry expert who was familiar with oil and gas acquisitions, but who was not himself a broker, was sought.

Experts Presented:

  • Petroleum Industry

    This petroleum industry expert is a certified petroleum geologist with more than 45 years in the industry. He began his career as a well spotter for a geological draftsman while attending graduate school. During the next three decades, the prospects he identified for new reserves of hydrocarbons and his evaluations of existing sites led to numerous business ventures and acquisitions. This expert is directly familiar with the custom and standards of compensating a finder in matters of oil and gas production and asset acquisition. He has given testimony before several state regulatory agencies regarding oil and gas industry matters.IMS Reference #5011284

  • Oil & Gas Industry

    This oil and gas industry expert has long been associated with NAPE, the North American Prospect Expo. NAPE provides a marketplace for the buying, selling, and trading of oil and gas prospects and producing properties. This expert has been involved with establishing strategic alliances, initiating purchases and sales, and formation of energy capital in the gas and oil industry. His experience gives him extensive insight into the nature of the role of a finder in the oil and gas industry and industry standards as to agreements and fees.IMS Reference #5011285

  • Acquisitions

    This expert founded a company that specializes in acquisitions via live and Internet auctions of oil and gas properties. He has been recognized as Entrepreneur of the Year in the category of energy and energy services. This expert is a member of many of the oil and gas industry organizations including the Independent Petroleum Association of America, or IPAA and the American Association of Professional Landmen, or AAPL. He has served on the Board for IPAA and been recognized as an Outstanding Landmen.IMS Reference #5011274

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