Independent Competent Person's Report & valuation
It is the nominated adviser’s responsibility to ensure that the scope of the CPR is appropriate, given the applicant’s assets and liabilities. In addition and as a minimum, the CPR should be prepared no more than 6 months prior to the date of the admission document, be addressed to the applicant and the nominated adviser and should:
Reserves and valuation reports for project and bank finance to support investment decision making, including:
- Technical field evaluation and independent reserves auditing and reporting for reserve booking to SEC, SPE, UNRMS and CIS standards.
- Audit of Capex and Opex assumptions, including:
1) Review of consistency between technical and economic assumptions to minimise execution risk.
2) Red flag / risk assessment and available mitigating actions.
- Assessment of economics under local tax & legal regimes.
- Strategic transaction advice:
1) Deal assessment and negotiation strategy
2) Assessment of RoI on planned investments
3) Suggestions for opportunities to further increase deal value.
- Olaf KlarnerCEO
Olaf Klarner is a certified European Geologist (Reg. № 1034), and by this he holds the right to sign Competent Person Reports.
For further information and proof of member ship
please see: http://www.eurogeologists.de/
- European GeologistCertificate
A European Geologist is recognized as a “Competent or Qualified Person” in Europe, Australia, Canada, South Africa, and the USA.
A EurGeol is allowed to issue and to sign Competent Person Reports in accordance with PERC and CRIRSCO standards.
We carry out data room evaluations (both virtual and physical), looking at all aspects of the opportunity or just the technical or commercial, and can deliver:
- Asset acquisition, farm-in evaluation, providing support and advice from the sub surface evaluation to advise of bid strategy
- Exploration license round evaluations and bid advice
- Exploration & appraisal technical and commercial evaluations
- New ventures analysis and entry strategies
- Integrated Field Studies
- Field development plans
- Quantify the risks of an opportunity
- Pre-opportunity research, can bring opportunities and investors to client
