Appraisals are utilized in nearly every aspect of the oil and gas industry. Muse is routinely retained to provide appraisal services to industry stakeholders for many purposes such as independent validation of collateral associated with debt facility packages and validation of potential asset value in transactional due diligence. Muse professionals also provide expert opinions and/or bases of values for impairment assessments; property tax disputes; project development and expansion; and investment activities such as mergers, acquisitions and divestitures.
Muse professionals combine a wealth of technical and commercial experience with in-depth industry knowledge of the hydrocarbon value chain to integrate and analyze specific factors affecting market value. Our work is based on accepted appraisal industry valuation methodologies and conforms to appraisal standards set forth by the American Society of Appraisers, one of the most globally-recognized organizations in the appraisal industry. Muse’s proprietary in-house models and databases provide the bases for forecasting relevant prices, determination of expected utilization, and projection of expected margins – all key components underlying the Income Approach to determine value. Muse professionals also have significant experience analyzing and advising stakeholders who have closed asset and stock transactions. This direct experience with both public and private transactions provides our professionals with unique insights into application of the Market Approach, allowing Muse to identify and accurately evaluate potential comparable sales to substantiate asset and going concern business values.
RECENT ASSIGNMENTS INCLUDE ASSESSMENT OF ASSETS INCLUDING THE FOLLOWING:
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Gathering; transmission; and distribution pipeline systems for gas, crude, products, and water
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Gas-To-Liquids (GTL) commercialization
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Crude/Product storage and distribution terminals
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Gas/Product storage
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Gas processing and fractionation
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LNG liquefaction terminals
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LNG regasification terminals
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Refineries, including operating and pre-constructed modular
APPRAISAL SERVICES ARE TYPICALLY PROVIDED TO SUPPORT THE FOLLOWING:
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Due diligence
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Financing package
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Impairment assessment
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Investment bank (IPO, CIM)
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Litigation and dispute
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Mergers, acquisitions and divestitures
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Project development or expansion
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Tax and Protest advisory
Contact Kirk Moser: kmoser@musestancil.com
