Oil and Gas GlobalNet provides an easy-to-use and cost-effective global platform for Sellers and Buyers of oil and gas E&P opportunities, and facilitates realization of our clients’ objectives at the most competitive valuation in an efficient manner. Our focus is to help our clients achieve successful results with their farmouts, divestitures, farmins, and acquisitions as well as assist government entities with the marketing of their licensing rounds. OGGN’s affiliate Avatar International Group’s management consulting services are designed to help make our clients more efficient and valuable by helping top management make critical decisions about strategy, organization, operations, technology, joint ventures, and risk management.
The oil and gas exploration and production (E&P or Upstream) business is truly global. The number of individuals, investors, joint ventures, public companies and private companies doing E&P business internationally has increased several fold in the past few years. There is a continuous flow of new opportunities coming on the market worldwide for both buyers and sellers of oil and gas assets.
The upstream oil and gas business is capital intensive and highly rewarding. It involves highly risky and speculative activities and requires appropriate risk management for successful results. Therefore, it is critical that the oil and gas companies have an active portfolio management program in place and stay in close touch with the marketplace to meet their objectives of risk management, improved performance and growth.
We fully understand the enormous effort it takes and how difficult it is to find the right opportunity for farming-in and acquisition, or to realize the optimum price in selling all or part of your assets (farm-outs and divestitures). We believe that most entities selling or looking to buy oil and gas assets rely too heavily on very ineffective and inefficient marketing of their assets or acquisition requirements via telephone, emails, and personal contacts, and reach only a limited number of potential buyers or sellers. This becomes especially difficult and ineffective in the international arena. As a result, most transactions take an unusually long time, and many companies have limited success with suboptimal results.
The potential buyer of your assets or the right opportunity for farming-in or acquisition may be nearby or halfway around the globe. Sellers need the widest exposure to potential buyers in order to access multiple interested parties, thus increasing the chances of realizing maximum value for their assets. Likewise, buyers need broad exposure of their requirements to increase their chances of acquiring the right asset at the right price.
The upstream petroleum industry needs a global platform to achieve maximum results for both buyers and sellers. Oil and Gas GlobalNet (OGGN) is designed to do just that. Sellers can list their assets under Farmouts & Divestitures and Licensing Rounds with seller provided details, and buyers can list their requirements under Acquisitions & Farmins. These listings reach public as well as private E&P companies, private equity backed E&P companies, MLPs, IOCs, NOCs, Regional & Domestic companies, investors and high net worth individuals worldwide.
