April 10- The drivers for mergers and acquisitions in the oil and gas industry are hard to resist for most companies: the need for human resources and capital is too great. But 50% – 70% of merger and acquisition transactions fail to ultimately create incremental shareholder value. One reason for this is failed post-merger integration.
When two O&G companies come together, discrepancies between how well data is stored or improperly tracked leases can result in risk and lost dollars. But done correctly, IT improvements can account for between 20 and 30% of the post-acquisition benefits in a merger.
Join this interactive lunch and learn to find out more how integration can be a big part of your merger’s success! In the registration form, be sure to let us know any specific things you’d like to know, and we’ll do our best to match your needs!
Date: April 10th
Time: 11:30 am
Location: City Centre, exact address TBD
Register here. At the end of this event you can expect to take home a better understanding of…
- how you can plan in advance of a merger to to prevent downtime and other waste scenarios.
- how to integrate systems efficiently after a merger or acquisition.
- how to create an exit strategy with information security in mind.
- how to choose which systems will work better for your company going forward.