We begin the process for each divestment in exactly the same manner, with a comprehensive analysis of your divestiture portfolio. We will analyze your project's financial, engineering and geoscience data in order to make the most suitable recommendations. The services we consider for every project:

CHOOSING A FORMAT: AUCTION OR NEGOTIATED SALE

AN ASSET-DRIVEN PROCESS
We help you choose the marketing platform that best fits the assets you are selling. The correct marketing venue will assure the highest returns.

  • Negotiated Transaction Characteristics
    • Value is greater than $10MM with substantial reserves
    • Higher upside/higher PDP ratio
    • Op/NonOp working interest
    • Geographically concentrated portfolio
    • Recommended for assets that are technically complex
    • A negotiated transaction typically has a 3-6 month sales cycle
  • Live Auction Characteristics
    • Logical groupings typically have a value range of $10K to $20MM
    • Primarily PDP reserves
    • Op/NonOp WI, leasehold, ORRI, royalties, minerals
    • Usually geographically diverse
    • 30-60 day sales cycle

PRESENTING THE DATA
We create, host and manage physical and virtual data rooms for data dissemination.

  • We make sure each potential buyer has
    • Knowledge of the sale and precise timeline
    • Access to comprehensive, accurate and timely data
    • Opportunity to evaluate and participate in the process

THE SALES PROCESS
Whether your properties are sold at Auction or by Negotiated Sale, they need to be marketed.

  • We have over 13,000 buyers that are comprehensive and current.
  • We expose your properties through our website, email, others’ websites, publications, brochures and catalogues so they get offers.
  • Our Business Development team is constantly making suggestions and recommendations to Buyers.
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DATA COLLECTION & EVALUATION

Less uncertainty on the Buyer's part means higher prices for our Sellers—We know what a Buyer wants for evaluation purposes, and we organize and present Seller's data so as to obtain the highest price.
We gather your data in both electronic and hard copy formats.
Once we evaluate your data, we will make recommendations as for the suitable process--Auction or Negotiated.

FOR AUCTION

  • We recommend the grouping (lotting) of properties to achieve best results
  • We parse, prepare, and present the data for online viewing by Buyers
  • We market the properties to thousands of qualified Buyers
  • The Live Auctions allow bids by internet or In person and ensure competition

FOR NEGOTIATED SALES

We are data-driven. Each property demands its own unique approach—there’s no “One Size Fits All”

  • Data is organized and catalogued
    • Engineering
    • Geology
    • Land
    • Contracts/Marketing
    • A detailed asset presentation is prepared
    • Electronic and Physical Data Rooms are built to display the properties in their best light
    • Questions are anticipated and answered

Closing Assistance

As part of our standard service, The Clearinghouse's professional land staff quickly and efficiently:

  • Obtain and track all offers or bids
  • Analyze and authentic offers or bids for negotiation
  • Negotiate all offers or bids
  • File all assignments
  • Facilitate and assist in negotiating Purchase and Sale Agreements
  • Handle all escrow and settlement requirements

Our knowledge of specific agency requirements and filing fees expedites the process of transferring title and operations, which in turn tremendously assists both the buyer and seller of the property.