Fast Closings and Delayed Due Diligence Doing Oil and Gas Deals with Limited Access to County Records

The lengthy, cost-intensive due diligence process is often fatal to closing an oil and gas asset sale. The recent quarantine has highlighted this problem, with deals being lost or delayed due to lack of access to county records. This webinar will discuss a seldom-used deal structure that closes the sale immediately and postpones the typical pre-closing price adjustments to a future date. This deal structure offers benefits and risks to both buyer and seller, but it may be the solution that both parties need. The webcast will also cover the basics of purchase price adjustments under oil and gas PSAs and related matters.