Economic Evaluations
Exceptional Reputation of Consistent and Reliable Results
Understanding the underlying value of present operations and new opportunities is fundamental in the oil and gas business. Provision of independent evaluations is at the core of GLJ’s expertise. Our firm has earned its position as a leader in this field by providing consistent, reliable and timely results for a wide range of clients over many years.
GLJ's evaluation reports are used for many purposes including business transactions, financial reporting, marketing and in support of regulatory and legal matters. Our reports are regularly found as the independent resource assessment underlying the largest oil and gas transactions worldwide.
Full Corporate
GLJ routinely provides full corporate reserves evaluations and audits in support of transactions or for annual financial and securities reporting purposes.
GLJ is highly regarded as an independent corporate evaluator with our reports forming the foundation for securities reporting in Canada (NI 51-101 Standards), US (SEC Standards) and internationally.
In the past three years, well over 100 publicly traded oil and gas companies worldwide have reported GLJ's resource estimates.
A measure of GLJ's prominence in the Canadian resource evaluation sector (where publicly traded oil and gas companies are required to annually disclose the present value of proved plus probable reserves and their evaluation firm), GLJ is identified as the independent evaluator for roughly 40% of the total value of the independently evaluated oil and gas reserves reported on Canadian exchanges.
Individual Property
GLJ's property evaluations frequently form the basis of financings, acquisitions and divestitures in Canada and internationally.
How prominent are we in the A&D evaluation sector? In Canada, where reports such as the Sayer Securities Canadian Oil and Gas Industry Mergers and Acquisitions Report compile A&D statistics, you will find that, GLJ was named as the independent evaluator of roughly 50%* or more of the value of divestitures in each of the past five years.