Environmental Due Diligence for Mergers and Acquisitions (M&A)
Tailored Environmental Due Diligence Services for M&A Investments
Environmental liabilities can pose significant risks when acquiring assets in the oil and gas sector where air quality violations, soil contamination, and/or water pollution could lead to costly cleanup efforts and fines. Identifying potential risks prior to closing allows time to mitigate or resolve issues that could otherwise be deal killers.
Our Environmental Due Diligence Services for Seamless M&A Transactions
Environmental Due Diligence (EDD) is a process of observing and assessing a target property’s environmental condition and potential risk. Altamira works in tandem with the client to assemble the Scope of Services that addresses the items lined out in the Purchase Sale Agreement (PSA). Our EDD generally falls into one of two categories:
- Field Inspections with Regulatory Desk Top Research
- Regulatory Desk Top Research
Regulatory Desk Top Research with field inspections. Altamira works with the client to put together a list of data points that need to be collected in the field. This list usually contains:
- Collection of equipment that is necessary when reviewing air permits
- Condition of the pad, equipment and containment
- Any spills or the appearance of spills on or off pad their size and appearance.
This list is then implemented into our gathering application for our field inspectors and allows for consistency of data collection among inspectors and facilities. Altamira researches all regulatory databases, federal and state and any information that is provided in the data room.
Regulatory Desk Top Research only is conducted when time does not allow for field inspections. Altamira researches all regulatory databases, federal and state and any information that is provided in the data room. Altamira also reviews any available aerial photographs of the facilities looking at equipment and condition of the pads.
For more details, download our Due Diligence brochure.
Industries and Locations We Serve in Environmental Due Diligence
Altamira collaborates with clients in the oil and gas sector to drive successful and responsible M&A decision-making. This includes companies in:
- Oil and Gas Production
- Petroleum Refineries
- Crude Terminals
- Oil and Gas Midstream Facilities
We provide environmental due diligence solutions to clients in:
- Arkansas
- Colorado
- Kansas
- Louisiana
- Mississippi
- New Mexico
- Oklahoma
- Texas
- Wyoming
Don’t see your area listed? We hold professional licenses in over 20 states, so reach out for more information.
Why Altamira Is the Preferred Environmental Due Diligence Consulting Company
Oil and gas companies engage Altamira for environmental due diligence assessments because of the competitive advantages our clients receive, including:
- Verified compliance: You need a partner who understands local, state, and federal due diligence requirements that could impact your transaction, as well as the utilization of our app for consistent data collection throughout the field inspection stage where collaboration with the client is integral in identifying the issues the client wants addressed. Also, we can in real time see what the inspectors are seeing through cloud data sharing of photographs.
- Collaboration: We believe responsive, honest communication drives successful outcomes. Our team adapts to your environmental due diligence needs, providing solutions that facilitate successful M&A transactions.
- Experience: Our professional consulting, engineering, and field service support teams leverage decades of experience and specialized knowledge to guide decision-making.
Request Custom Due Diligence Solutions From Altamira
Take control of environmental risks and liabilities that could impact your M&A transaction. Whether your organization is the seller or acquirer, with just a few wells or a large multi state asset acquisition, we customize assessments of target properties to ensure your deal is compliant and protected.
For your next M & A transaction, please consider leveraging Altamira’s years of EDD experience and expertise in field inspections, data gathering, compliance research, air quality regulations, and oil field clean ups. We are here to help!
Contact us to speak with an environmental due diligence expert.
