Compliance due dilligence

Don't get hooked by noncompliance

You're all excited about your new acquisition. But after you buy, you find out the regulator has this property in its sights. Noncompliance notices turn your favorite sunny acquisition into a nightmare.

Before you finalize your deal, use AppIntel to conduct your due diligence for compliance problems. AppIntel can help you quickly find noncompliance issues. Each noncompliance issue requires an application to fix it. These applications have details of the noncompliance and steps taken to mitigate. It also contains information on promises made to the AER to fix the issue. Promises that you'll be expected to keep after you're acquired the property.

And through AppIntel, you get application documents on demand. If you order them from the AER, you could end up waiting 28 days for them.

Imagine waiting a month to decide if an acquisition candidate is worthwhile. In most cases, waiting a month makes the information worthless. The cost of waiting is huge.

Would you like to see what other operators in your areas are thinking about seismic, multifractured wells, net pay maps and compliance issues? AppIntel can help.

Tags: Compliance, Acquisitions

Granger Low  1 Nov 2020

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