About Detring Energy Advisors
Advising Upstream Oil & Gas Companies Since 2014
We provide market-leading research, cutting-edge analytics, and clearly documented processes, better preparing clients to evaluate strategic opportunities and make fully informed decisions.
We shepherd the engagement, from start to close, through every step of the transaction process.
Our divestitures typically require 4–5 months from kick-off to closing; however, this timeline can be adjusted as necessary based on client objectives.
01 Pre-Engagement Evaluation
Make an informed strategic decision about the divestiture process.
Our multi-disciplined team provides a comprehensive market value estimate and marketing proposal underwritten by in-depth technical analysis and our unparalleled market knowledge and track record.
This allows you to make an informed strategic decision regarding the path forward and a potential divestiture process.
02 Project Launch
Gain access to our proprietary network of over 9,000 potential buyers.
Detring collaborates with your team to finalize the asset narrative en route to teaser distribution to our proprietary buyer network of over 9,000 business development professionals.
We work to engage high-priority buyers—who are identified based on our recent, successful experience marketing similar properties—in parallel with finalizing the fully documented virtual data room and management presentation.
03 Buyer Evaluation & Data Rooms
More bids—and less risking—on bid day.
Potential buyers gain access to the virtual data room where fulsome technical documentation is organized by discipline.
We continuously engage with buyers including management presentations and Q&A, with weekly reports summarizing buyer activity provided to our clients. Our well-organized virtual data rooms and in-depth management presentations transform buyers’ evaluation from a time-consuming, bottoms-up analysis into a confirmatory exercise, leading to more bids—and less risking—on bid day.
04 Bid Date & Negotiation
Qualified, sealed bids from professional, well-capitalized acquirers.
On bid day, we review qualified, sealed bids and review the most viable alternatives for the seller’s consideration. We work closely with our clients to select the winning buyer and negotiate transaction documentation, optimizing purchase price as well as transaction terms.
Our track record and proprietary middle market buyer network ensure that we work only with professional, well-capitalized acquirers.
05 Diligence & Closing
Incentives aligned with yours to achieve a successful, value-maximized close.
Typically, buyers fund a deposit simultaneously with execution of the purchase agreement, followed by a defined period of pre-closing diligence and, ultimately, closing.
However, other structures can be considered including a simultaneous “sign and close” or a simple assignment. We work with our clients to ensure the optimal transaction structure is utilized at market-based terms and conditions.
Announcements & Updates
Nam Tran joins Detring Energy Advisors as an Analyst after 3 years within Shell’s engineering team.
Richard Ball participated as a panelist on the inaugural AAPG Division of Professional Affairs roundtable discussion series “The Future of Petroleum” [Tulsa, Oklahoma].
Derek Detring speaks on “Winning the Deal” at the World Oilman’s Mineral & Royalty Conference in Houston, Texas.
Roel Tunjar joins Detring Energy Advisors as an Analyst after receiving his Bachelor of Science (Petroleum Engineering) from Texas A&M.
Richard Ball spoke on a “Recap of the A&D Market and a Preview of Emerging Plays” to ADAM East Texas [Tyler, Texas].
Derek Detring speaks on A&D Activity at Hart’s DUG Mid-Continent Conference in Oklahoma City, Oklahoma.
Detring Energy Advisors is pleased to announce the promotion of Jorge Rocha-Garcia (Associate Technician, Geology).
Richard Ball participated as a panelist at the Houston Geological Society “State of Private Equity in Oil and Gas” [Houston, Texas].
Detring Energy Advisors announces the firm’s advisory on US$840 million of completed A&D transaction in 2021 including a success rate of >90%.
Melinda Faust named one of the Top Influential Women in Energy in 2021 by the Oil and Gas Investor.
Todd Eckhardt joins Detring Energy Advisors as a Senior Associate after 11 years within EnerVest’s engineering team.
Melinda Faust named one of the Top 30 Influential Women of Houston in 2021.