We developed a Commercial Due Diligence Report for an offshore block in the Republic of South Africa in accordance with guidelines set down by the Johannesburg Stock Exchange. The report assessed the commercial risks associated with the proposed transaction and included a SWOT analysis. The report was included in a circular to shareholders to gain approval for a funding raising to support an acquisition of part of the equity in the block. The work took into account an extensive 2D and 3D seismic, well data and a producing asset database available for the block.
