Exploration and production financing: an overview of some innovative approaches

Journal Article · Sat Mar 01 04:00:00 EST 1986 · Oil Gas Tax Q.; (United States)

OSTI ID:5864837

Dole, R D

Raising money to finance oil- and gas-producing activities is not as easy as it once was, but is still possible if an operator has the vision (and sometimes the courage) to explore new financial territory. Innovative financing methods include completion funds, institutional acquisition funds, exchange offers, master partnerships, royalty trusts, mergers and acquisition, mezzanine financing/venture capitalists, service company joint ventures, oil-indexed financing, foreign venture capital, and sale of reserves. Three examples illustrate typical structures. It is important to make a careful assessment of all the risks and benefits and to get tax, accounting, and legal advice before proceeding. 3 figures.

• OSTI ID: 5864837
• Journal Information: Oil Gas Tax Q.; (United States), Journal Name: Oil Gas Tax Q.; (United States) Vol. 34:3; ISSN OGTQD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ACCOUNTING
CAPITAL
COST BENEFIT ANALYSIS
EXPLORATION
FINANCING
INDUSTRY
JOINT VENTURES
LEGAL ASPECTS
PETROLEUM INDUSTRY
PRODUCTION
SALES
TAXES