Avery Alcorn

Avery has evaluated and ranked oil and gas assets for near and long-term value, allowing him to plan, strategize, and execute restructuring strategies. He has also implemented an ERP system for a new entity, including full-service oil and gas accounting, invoice processing, document management, and production management systems.

Representative Experience

• Financial Advisor in the U.S. winddown of an international oilfield service company in an operating Chapter 7 bankruptcy, which involved multiple properties in 14 different states with thousands of assets and inventory products, and management of environmental concerns.
• Provided Interim management support for California-based real estate, oil and gas hybrid company. Support included acquisition integration, asset evaluation & optimization, ERP design & implementation, financial reporting, working capital management, and strategic planning.
• Negotiated directly with the U.S. Government, state, and local agencies on environmental and regulatory issues both inside and outside of Chapter 11.
• CFO for oil and gas exploration and production company. Closed 26 negotiated acquisitions, grew production 500%, designed and implemented new ERP system, and provided strategic planning for growth and optimization.
• Evaluated business plan, operating budget, acquisition targets for U.S-based oilfield service company in support of lender who funded following recommendations.