• Screening studies to identify acquisition candidates based on specific acquisition objectives.
• Technical and operational consultation to lenders or investment bankers in acquisitions or financial restructuring activities.
• Refinery and terminal appraisals, including assessment of prospective buyers.
• Participation in all phases of venture development, including project conception, market appraisals, business plan development, due diligence, and support or coordination of financing plans to ensure success of the venture.

Exemplary Engagements:

• Due diligence review of a prospective transaction involving tankage, terminal and other logistical assets associated with a major Gulf Coast refinery. Our review included the operational, technical and economic features of the refinery and associated logistics assets (to be spun off) with the objective of assessing their competitiveness and likelihood of reliable, sustained operations sufficient to perform against a contemplated take-or-pay agreement.
• Prepared due diligence assessments of LA Basin refiners’ long-term viability in connection with a prospective buyer/investor in Plains LA Basin crude gathering system assets.
• Conducted an independent review and commercial assessment of an existing Midwest barge and rail terminal operation in view of a prospective acquisition.
• Technical, operational and economic due diligence for the prospective buyer/JV partner in a specialty terminal and processing facility in Rotterdam.
• Due diligence review on behalf of a prospective buyer of a Canadian refinery.
• Due diligence review on behalf of a prospective buyer of a large, state-of-the-art crude unit train rail unloading facility in PADD I.
• Due diligence assessments of demand side fundamentals related to the buyer of certain Bakken field assets.