Corporate Evaluations:
We provide a concise and reliable market land valuation for your
non-reserve oil & gas lands. We will examine each separate
parcel within your current land holdings to ensure a complete analysis
of your land base. The final product will provide you with necessary
information for:
- Quarterly or annual reporting in documents such
as, a Prospectus or Annual Information Form
- Acquisitions and divestitures
- Mergers
- Financing
All Seaton-Jordan & Associates Ltd. evaluations are NI
51-101 compliant and adhere to the following guidelines and factors
for determining fair value:
- the acquisition cost of the unproved property to
the reporting issuer, provided there have been no material changes
in the unproved property, the surrounding properties, or the
general oil and gas economic climate since acquisition;
- recent
sales by others of interests in the same unproved property;
- terms
and conditions, expressed in monetary terms, of recent farm-in
agreements related to the unproved property;
- terms and conditions,
expressed in monetary terms, of recent work commitments related
to the unproved property;
- recent sales of similar properties in
the same general area;
- recent exploration and discovery activity
in the general area;
- the remaining term of the unproved property;
or
- burdens (such as overriding royalties) that impact on
the value of the property.
This complies with the Securities Commission Standards of Disclosure
as described in paragraph (e), subsection (1), Section 5.9 of National
Instrument 51-101 Standards of Disclosure for Oil and Gas Activities
and is further detailed in the Companion Policy 51-101CP.
Contact us for more information, or click
here to obtain a quote.
