Now is the time for oil and gas companies emerging from Chapter 11 bankruptcy to adequately address their associated fresh-start reporting and valuation considerations. Continued market uncertainty has spurred a wave of recent corporate bankruptcies and restructurings across many industries and business segments. For most businesses, the primary cause for…
Kevin Cannon is a Principal in Opportune’s Valuation practice based in Houston. He has 19 years of experience performing business and asset valuations and providing corporate finance consulting. His specific experience includes valuations of businesses and intangible assets for purchase price allocations, impairment, tax planning, management planning and portfolio valuation purposes for companies in a variety of industries, including oil and gas, oilfield services, and industrial manufacturing.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.