Due Diligence
Quality due diligence is crucial to all aspects of land management – which is why we have developed a due diligence process that is proven, repeatable, scalable and executed by our team of seasoned examiners comprised of licensed attorneys and landmen trained in lease, title and production review. We have the extensive knowledge and experience needed to tackle all phases of the process – from examining records to identifying and curing defects to quickly integrating all lease and title data. Our expertise and scalability coupled with our customized solutions sets us apart and allows us to handle due diligence projects of any size.
We apply in-house, field, and legal experience to turn every stone and bring every potential issue to the surface during an acquisition.
- Ensure all payments (bonus, rentals, royalties, and shut-ins) have been accurately recorded and paid
- Confirm mineral and leasehold
- Check for taxes, liens, judgments and encumbrances
- Review WI, NRI, ORRI and assignments
- Identify all defects associated with the title and leases
- Identification, notation, and fulfillment of all curative requirements
- Ensure all DTO and DOTO requirements have been reviewed and satisfied
- Well and production research
- Review HBP status and confirm production or shut-in payments
- Lease provision summarization, obligation review and integration
- Exhibit Preparation
- Surface and right-of-way title verification, including facilities and other real property
THE PARAMOUNT ADVANTAGE
Paramount introduces Intelligent Land Operations, which executes all phases of project management based on needs – from managing traditional land service initiatives to completely outsourced land departments to implementing the latest technological innovations.
