8. EXPERT SERVICES

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Osprex provides integrated technical, commercial and management advisory services for the negotiation of acquisitions, licensing, and equity.

We also provide support to highlight the

the potential value of asset divestments through independent estimation of in-place volumes and the identification of conceptual development schemes with supporting economic models.

Osprex partners have extensive experience in the determination of unit initial tract participation in accumulations that straddle existing license boundaries and the determination/redetermination of equity.

Osprex prepares the submittal of cases and

rebuttals on behalf of unit participating parties.

Osprex partners are experienced in performing

the «Expert» role in redetermination events.

Our core team members have worked on

several major straddling field unitization and

redetermination projects in the North Sea,

Europe, and Africa.

We provide full technical and commercial

resources to assist in the preparation of

pre-unitization agreements, unit operating

agreements & technical procedures and the cases for the subsequent redetermination of equity.

Many of the Osprex partners have significant

experience acting as testifying experts and in oil & gas arbitrations and litigations.

We have provided our professional opinions on

a number of technical, commercial and quantum issues relating to disputes in Europe, Africa, Central Asia and the Far East.

Osprex ‹s experts are leading figures in their

disciplines, with substantial experience in such

areas as:

Reservoir engineering Reserves & resource estimation Drilling engineering & production technology Well operations & field development Geology, geophysics & petrophysics Oil & gas operator management

Commercial, economics & quantum

In addition to its core partners› expertise,

Osprex can call upon a wider network of

qualified experts in commercial, managerial

and specialist technical areas.

Osprex partners have worked effectively with

QCs, counsel and clients in arbitration and

litigation cases.