Due Diligence
PDC has carried out a range of due diligence work including:
- Technical due diligences
- Environmental due diligences
- Financial due diligences
Examples of the due diligence work that we have been involved in is:
- Romania – gas distribution technical due diligence
- UK – oil storage technical and environmental due diligence
- Cape Verde – oil storage technical due diligence
- Mongolia - oil storage and petrol station technical, environmental and commercial due diligence
- Nigeria – LPG storage technical due diligence
- Kyrgyzstan – oil company technical, environmental and financial due diligence
More detailed descriptions of these projects are found below.
| Client |
|---|
| Gazprom/ABN Amro |
| Client Description |
|---|
| Gazprom is the world’s largest gas company |
| Project Location |
|---|
| Romania |
| Project Name |
|---|
| Privatisation of Distrigaz Sud gas distribution company |
| Project Description |
|---|
| Assisted Gazprom and ABN Amro is preparing a business plan for possible acquisition of Distrigaz Sud |
| PDC Activities |
|---|
- Evaluation of assets, including gas distribution mains, services and metering
- Analysis of customer base by type
- Forecast for customer growth
- Impact of competition
- Gas losses
- Gas sales forecasts
- Visits to head office and two regional offices
- Investment requirement
- Operating costs requirement
- Staff requirements
- Software requirements
|
| Project Completion Date |
|---|
| 2004 | |
|
| Client |
|---|
| Challenger Financial Services |
| Client Description |
|---|
| Large Australian financial institution |
| Project Location |
|---|
| UK |
| Project Name |
|---|
| Acquisition of Oikos Oil Storage Facility |
| Project Description |
|---|
| Prepared technical and environmental due diligence of the assets and provided medium-term budget for capital and operating costs |
| PDC Activities |
|---|
- Reviewed assets, including storage assets and jetty
- Reviewed impact of Buncefield enquiry
- Prepared environmental assessment
- Prepared capital and operating cost forecasts
|
| Project Completion Date |
|---|
| 2006 | |
|
| Client |
|---|
| Enacol |
| Client Description |
|---|
| State oil company |
| Project Location |
|---|
| Cape Verde |
| Project Name |
|---|
| Evaluation of Enacol shares |
| Project Description |
|---|
| Prepared technical review of assets and valuation |
| PDC Activities |
|---|
- Visited terminal and storage depots
- Prepared asset valuation register
- Provided input on comparative valuations
|
| Project Completion Date |
|---|
| 2005 | |
|
Client |
|---|
| European Bank for Reconstruction & Development |
| Client Description |
|---|
| Financial institution |
| Project Location |
|---|
| Mongolia |
| Project Name |
|---|
| Due diligence and project preparation services for a petrol station network |
| Project Description |
|---|
| Due diligence report prepared |
| PDC Activities |
|---|
- Visited service stations and terminal
Prepared technical evaluation Developed investment and operating cost estimates Evaluated environmental status Prepared financial forecasts
|
| Project Completion Date |
|---|
2007 | |
 |
| Client |
|---|
| Bureau for Public Enterprises |
| Client Description |
|---|
| Privatisation agency |
| Project Location |
|---|
| Nigeria |
| Project Name |
|---|
| Privatisation of LPG bases |
| Project Description |
|---|
| Provide valuation of assets |
| PDC Activities |
|---|
- Visit bases
- Prepare valuation
- Prepare privatisation strategy
|
| Project Completion Date |
|---|
| 2007 | |
|
| Client |
|---|
| European Bank for Reconstruction & Development |
| Client Description |
|---|
| Financial institution |
| Project Location |
|---|
| Kyrgyzstan |
| Project Name |
|---|
| Technical, environmental and financial due diligence of service stations and terminal |
| Project Description |
|---|
| Due diligence report prepared |
| PDC Activities |
|---|
- Visited service stations and terminal
- Prepared technical evaluation
- Developed investment and operating cost estimates
- Evaluated environmental status
- Prepared financial forecasts
|
| Project Completion Date |
|---|
| 2006 | |
|