Strategic Advisory Service Helping Clients through Transactions and Transition Accelerating your vision
Strategic Advisory Service 2 mergers acquisitions divestments listings
However good your senior management team, it can always do more with the right support. RPS has developed a unique Strategic Advisory Service to help its Energy sector clients achieve their corporate objectives. As in the rest of our business we believe that deep knowledge and expertise is crucial. Our team of professionals, with years of international, technical, commercial and corporate experience, are available to help you across a variety of fields with a particular focus on portfolio management, mergers, acquisitions, divestments and market listings. We deliver a single source of flexible support, which enables our clients to accelerate their vision, reshaping their portfolio and facilitating access to finance. The Energy Sector is evolving rapidly and we are evolving with it to provide a service that better reflects the current realities, risks and value drivers. We seek to work closely with our clients and use a variety of contractual mechanisms including success fees where appropriate. Contents Pre-Transaction Evaluation n Strategy Development n Portfolio Optimisation n Opportunity Generation n Resource Validation n Valuations Transaction Progression n Asset Transactions n Corporate Transactions n Market Listings Post-Transaction Support n Transitional Support n Risk Management n Corporate Strengthening n Interim Management 3
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Pre-Transaction Evaluation A clear vision and well defined strategy are the cornerstones of world class businesses. 5 This clarity provides the framework against which to screen new opportunities and develop an in-depth understanding of risk and how this can best be managed. RPS supports its clients in defining an aspirational yet achievable strategy based on sound technical and commercial evaluation. By working as part of your team we help you achieve your goal, turning your vision into reality.
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Pre-Transaction Evaluation n Strategy Development Our international outlook combined with deep sector experience enables us to assist you to develop a coherent business strategy that plays to your strengths. By employing a decision risk management approach we can help you to optimise strategic decisions in the context of the competitive market place. Communication with all interested parties is crucial to acceptance of change and we can help develop a full communication plan to explain new strategic direction. n Portfolio Optimisation RPS can bring years of diverse experience in evaluating potential risk and reward to a review of your portfolio. Areas of opportunity are screened in the context of financial performance, resource availability, project timing and risk appetite. Looking specifically at alignment with your strategy and operating constraints, we will review opportunities to deliver detailed recommendations. n Opportunity Generation Global knowledge and contacts are critical elements to success. We will work to source acquisition opportunities that fit your goals, or buyers who are likely to bid strongly for assets identified for divestment. By being involved at an early stage of the process we can increase the chance of ultimate success. n Resource Validation Resource validation is a core RPS competency. We will develop a truly independent view of the resource base and associated technical risks, with results reported to any of the existing international standards. A variety of development options are considered to assess likely volume ranges, infrastructure requirements and production outcomes. n Valuations Using our understanding of the existing asset base and future development options, a full cost and economic analysis of the opportunity is developed. This analysis extends from reservoir to point of transfer enabling you to make comprehensive value based decisions. We conduct such valuations on either a closed book or open book basis for the purposes of an intended acquisition or disposal. 7
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Transaction Progression RPS offers all-round support from the subsurface through to deal structuring allowing our clients to focus on the strategic elements of decision making. Working closely with banking, financial and legal advisors, we will help to ensure a smooth and effective transaction flow. 9 Technical Due Diligence Governance & Human Resources Commercial Due Diligence Planning & Integration External Communications Buyer/Seller Sourcing Corporate Finance Client Liaison Legal Agreements Accounting & Audit Tax & Corp Structuring
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Transaction Progression n Asset Transactions We can assist in assessing all relevant technical, commercial and political information to prepare a suggested bid range and tactical negotiating brief tailored to each specific acquisition. Where disposals are required, we can set up virtual and physical data rooms and cover administrative issues such as confidentiality agreements, promoting and screening buyers, organising prospective buyer visits through to obtaining buyer offers for consideration. We will work with others to provide full support to the point of concluding any Sales and Purchase Agreement. n Market Listings Where the client wishes to list, we will provide cross-disciplinary support in compiling the necessary prospectus and submission documents, whether for an IPO or other form of listing. Our approach involves forming an advisory team of our own staff with other relevant expertise provided from our own group of preferred partners or from your advisors. 11 n Corporate Transactions RPS can provide experienced technical, commercial and corporate support from conception to conclusion either on the sell or buy side of a corporate merger, acquisition or divestment. When several professional service providers are required we can integrate the services of others ensuring alignment and a seamless delivery. Regular progress reports are provided highlighting areas that are on the critical path.
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Post-Transaction Support Integration of new people and assets into any new organisation is critical to the success and sustainability of any portfolio restructure. 13 RPS can provide its clients with interim management support through this critical phase to ensure that any necessary changes are effected smoothly.
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Post-Transaction Support n Transitional Support We offer hands-on assistance for those undergoing transition following acquisition or divestment, including team communication, HR policy development, meeting facilitation, organisational design and issue resolution. Working with the senior executive team, we can help ensure that momentum is maintained, with opportunities and knowledge captured. n Risk Management An important element of managing change involves developing an understanding of the new risk profile and, how primary risks are mitigated. We provide a structured risk management approach to help clients define how their risk exposure impacts on their chosen strategy, maximising reward whilst minimising risk. We will advise on appropriate risk management processes. As well as developing a risk matrix we will advise on an appropriate risk management processes. n Corporate Strengthening Following any significant portfolio change, integration planning is crucial together with a re-look at performance management processes. We can assist from the business to asset level to achieve the maximum return on your assets. Employing our team in this way allows your senior management team to access key performance information in time to act and to focus on the big picture. n Interim Management In a resource constrained market, finding first-class people in a short time frame is challenging. Whether these roles are in the technical, commercial, representational, public affairs or senior management fields we can assist with interim management until such time as the role is assimilated or a suitable recruit is found. 15
33418 August 2012 For further information please contact: energy@rpsgroup.com UK USA Australia Canada Malaysia Russia Abu Dhabi Brazil Singapore Printed on FSC certified, 100% post consumer recycled paper, bleached using an elemental chlorine free process.