Bradley W. Lingo, Senior Vice President, Head of Oil & Gas, Natural Resource Solutions
Isis Petroleum Consultants Pty Ltd has completed several independent expert’s and technical expert’s reports in which the Commonwealth Bank has been involved and is one of the firms on the Bank’s panel of approved independent petroleum consultants.
The work formed the basis for completing commercial evaluations of the assets. Isis provided reserve estimates, production profiles, capital expenditure profiles, operating expenditure profiles and where required valuations of the assets. The Bank has found that Isis completed the projects to the agreed scope and their work was performed efficiently and to a high professional standard. The work enhanced the Bank’s understanding of the underlying assets and increased the Bank’s appreciation of the technical risks associated with these projects. In many instances the work performed by Isis exceeded the Bank’s requirements and expectations.
