Operations and Technical
Multi-discliplinary Expertise
RDE has a depth of hands-on experience in petroleum and operations engineering, field operations and project management, which allow us to come to ground quickly from a technical perspective in assessing assets, operations and projects. We have successfully executed numerous upstream, midstream and downstream oil & gas projects and gas-to-electricity projects, from concept, through feasibility tofinal design, construction and full commercialization. Our expertise covers conventional and unconventional resources, onshore and offshore operations, and has spanned from onshore Canada and the US Midwest to onshore and offshore operations in East and West Africa. Unlike the pervasive practice in the industry, RDE personnel have done the work directly, rather than hire and manage consultants.
Management
An asset essentially worthless without a capable management team turn it into a profitable and sustainable business. In our experience, gaps in management skills together with ineffective oversight are the source of most problems facing energy companies and their stakeholders. A result of our hands-on approach to understanding the assets and the business, we can quickly step in to senior management or oversight roles as needed, whether interim, part-time or full-time, or act as coaches to achieve the objective. RDE executives have experience in many management roles, including C-Suite roles such as CEO, CFO, COO and Country Managing Director. We have also acted for stakeholders and shareholders in taking on non-executive and executive director board roles.
Stakeholders and Contracts
Stakeholders are both sponsors and beneficiaries. RDE has considerable experience in executing and managing complex energy projects, particularly in East and West Africa. The legal and contractual aspects of such projects necessitate often heavy involvement with local stakeholders, importantly government, regulators, state energy companies, tax authorities, the judiciary and local counsel, as well as employees and local communities. Maintaining an alignment of interests among stakeholders can be extremely challenging in an environment of complex contractual relationships overlain by dynamic and diverse political and cultural landscapes. Lawyers can also unwittingly complicate matters, often overly relied upon by management, resulting in significant unnecessary legal costs, uncontrolled timelines and unnecessary conflict with counterparties.
RDE has extensive experience in both internal financial management, banking and capital markets, valuations, mergers & acquisitions and financial engineering. We have a working knowledge of accounting and controls, management and public financial reporting, project or AFE accounting procedures, capital budgeting and stakeholder reporting. In the current ESG environment, capital available for upstream energy is increasingly scarce and expensive. Our experience in designing and raising capital, both as issuers and investment bankers, allow us unique insight into a company's financial situation as well as identify potential problems in capital structure, instruments and terms, as well as opportunities to finance or refinance companies or projects on a more optimal basis in a tough environment.