Rescuing a Distressed Permian Operator

CAMS achieved a 50% reduction in lease operating expense (LOE) and $3 million per year improvement to G&A.

Industries Served:

E&P

Services Associated:

Asset Management Financial Services

Issue

A leading private equity firm with over $10 billion in assets under management (AUM) needed assistance with an underperforming 175,000-acre Midland Basin asset with above-market G&A.

Action

Within 60 days, CAMS developed a company reorganization plan. We implemented financial controls, a reporting regime, cost reduction initiatives, and a comprehensive budgeting process. We then documented processes and procedures, internal controls, and segregation of duties

Results

CAMS achieved over 50% reduction in LOE, over $3 million per year improvement to G&A, several successful divestitures, and 3.8 X ROI and 37% IRR.

CAMS achieved a 50% reduction in lease operating expense (LOE) and $3 million per
year improvement to G&A.

50%

reduction in lease operating expense

Rescuing a Distressed Permian Operator

CAMS achieved a 50% reduction in lease operating expense (LOE) and $3 million per year improvement to G&A.

50%

See what Industries we serve

CAMS achieved a 50% reduction in lease operating expense (LOE) and $3 million per
year improvement to G&A.