Due Diligence

The Beta Land Services staff has obtained extensive due diligence experience in a wide array of property acquisitions both onshore and offshore, including deep water. We have provided our services in numerous property acquisitions with an aggregated value totaling over fourteen ($14) billion dollars. These transactions vary in size from as small as one well to as large as multimillion dollar acquisitions involving as many as 12,000 wells and cover lands across the continental United States, offshore Gulf of Mexico including shelf and deep water properties and lands in Western Canada.

We realize that our function in a property acquisition is very similar to our function in exploration. A well-rounded professional land services company should be very proficient at abstracting titles in courthouse records, researching regulatory agency files and reviewing title opinions. This experience should also include expertise in researching all phases of lease records and division order files as well as reviewing contracts related to the property.

However, in a property acquisition, Beta’s staff uses its experience and knowledge to review what has been done in the past and to make decisions as to its application and effect upon the proposed acquisition. It is this experience and knowledge that, when closely coordinated with the activities of the examining attorney(s) and company landman, enables Beta’s staff to confidently handle any matters that arise in the acquisition process.

We provide clients with the capability of reviewing, analyzing and estimating costs for the due diligence process in the early evaluation stage of an acquisition. We then can continue with the best in thorough due diligence services.

Perhaps the most difficult part of the acquisition process is the incorporation of the property into the new owner’s management system. It is Beta’s goal to provide a complete package of due diligence services and post-acquisition follow-up backed with extensive experience so as to assure an efficient, trouble-free transition of the property of the new owner.