Data Room Management for Mergers and Acquisitions in the Oil and Gas Industry introduces frameworks and workflows that help to streamline the data room process, to highlight the essential data that must be assembled in the permitted time window, and so accelerate the subsequent assessment of the opportunity. The book format combines theory with case studies, some of which describe lessons learnt through bitter experience by the author himself. Methodologies are presented that can be used immediately by those involved in the technical and commercial evaluation of oil and gas exploration and production ventures. It is suitable for readers with a wide spectrum of experience, from those who are newcomers to the strange world of data rooms, to those diehards who may have spent too many hours in them. The purposes, strategies and tactics of data rooms are explained, along with some suggestions on how to survive them, and how to get a fit-for-purpose evaluation in front of the decision makers in the shortest timeframe possible.
- Shows what makes a good data room; including how vendors attract potential buyers to attend and how the latter can decide whether they should go or not
- Presents how to prepare for a data room, what needs to be done there, and how to evaluate the assets on offer as quickly as possible afterwards
- Covers what essential data should be gathered and what questions to ask
- Suggests how to avoid common 'banana skins' when under pressure to provide a rapid, but reasonable evaluation
1. Due Diligence, Definitions and Doubt 2. The Data Room 3. Data Room Documentation 4. Deal Brokers 5. Before the data room 6. In the data room 7. After the data room 8. When things go pear shaped 9. Tips for quicker focused evaluation