Simco was established in 1996 in Barnes, South-West London as an independent advisory company offering technical and portfolio services to the upstream oil and gas industry. The company has a strong reputation for representing client oil and gas companies in asset transactions, both in a vendor and purchaser capacity, managing Farm-outs, Farm-ins and full asset disposals.

Simco also provides support services for the management of oil & gas licences and assists clients in the formulation and execution of their business strategies to establish and grow their licence portfolios. Simco provides independent business evaluations and valuation reports including Competent Persons Reports (CPR) for the requirements of the investment community.
 
Simco Associates’ skills-base of subsurface technical knowledge provides clear differentiation from its competitors; combined with its deal-making and financial skills and its industry-wide personal contacts Simco provides a unique service.

SERVICES

Dilutions, Divestitures and Acquisitions & Deal Advisory Service

Farm-outs and farm-ins: Simco is retained by client companies and can act as their agent in either a purchaser or vendor capacity.

Simco is highly experienced and able to advise clients as to the appropriate marketing strategies and structuring of their transactions.

Identification of Project Opportunities, Licence Applications & Financing

Through its extensive network of industry contacts, backed up by daily research on international oil and gas transactions and developments, Simco can access a broad range of market and off-market opportunities and advise its clients accordingly. Opportunities can be through acquisition or farm-in to existing licences or through the application and award of licences directly from host governments.

Operations Support

Licence Management Simco can assist its clients in the management of their licences and production sharing contracts. This includes developing the appropriate business strategies, contracting and managing third party contractors, interfacing with and reporting to host country regulatory authorities and managing Joint Venture technical and commercial activities including joint venture meetings.

Exploration Management Consultancy Services Simco can advise clients on appropriate exploration strategies, staffing, technical work programmes and management issues.

Technical Services Simco is fully equipped and staffed to undertake detailed interpretations of geophysical and geological datasets. Simco has in-house IHS Kingdom workstations.

External Peer Review Simco can provide individuals or teams for external peer review including prioritisation of operations, technical audit and risk assessment and mitigation.

Management Consultancy

On behalf of the client oil company, or on behalf of an investor in the company, Simco can evaluate the company’s business operations, its historical performance and forecast of projected revenues and cash flows. Accordingly Simco can advise on a broad range of company issues including structure, staffing and strategy.

CSEM Consultation & Advisory

Simco has formed a unique alliance with FoxGeo; experts in the use of Controlled-Source Electromagnetics (CSEM).

The CSEM method is an offshore geophysical technique, using electromagnetic remote-sensing technology to indicate the presence and extent of hydrocarbons below the seabed by measuring resistivity. Used alongside seismic methods, it can provide a clearer subsurface picture which can significantly reduce the risk of drilling dry or sub-commercial wells.

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