Oil & Gas Asset Transactions and A&D Advisory Services

PLS markets non-operated working interests, operated assets, development projects, royalties, overriding interests and non-producing mineral rights through its A&D Advisory Service arm.

PLS' A&D Advisory Service has developed a niche in the mid-market selling assets valued at $250,000 to $100 million. However, PLS has handled divestments as large as $200 million or more and the firm has worked on projects as large as $600 million as a co-advisor or subcontractor.

The firm also sells overrides and royalty interests including non-producing mineral interests.

PLS' divestment team handles negotiated sales, sealed bids, confidential one-to-one marketing or staggered sales efforts involving multiple strategies. PLS is also a trusted advisor in court-ordered liquidations and bankruptcy sales.

PLS' A&D Advisory Service teams with various regional technical and engineering firms, such as Burks Oil & Gas Properties, American Energy Advisors and/or third-party engineers to market complicated assets requiring significant technical support such as waterfloods, tertiary properties and/or development projects.

The firm is one of the industry's oldest property marketing organizations. Our first projects included Fossil Oil & Gas (Austin Chalk); Endevco (Kansas), Exxon (South Texas); and Texaco (Oklahoma, Permian) in late 1988 and early 1989.

PLS has also been retained on large multi-package divestment projects including Apache (26 packages), Cornerstone (4), Maxus (11), Pyramid (6), Pittencrieff (5), Snyder Oil (15), Santa Fe (10), Pogo Producing (5) and Unocal (12).