Liability Advisory Services

Liability Advisory Services

Effectively Managing Your Uninsurable Risk.

ELM takes pride in being able to provide complete independent environmental assessments pre and post any remediation and reclamation work. More than 15,000 wellbores were assessed to support clients’ decisions around budgets and acquisitions and divestiture activities. Additionally, over 450 reports and assessments were carried out delivering liability management and impact solutions to clients.

Services offered include:

  • Independent liability assessments for management, auditors, and financial institutions
  • Cost Overrun mitigation - "The ELM Guarantee"
  • Impact and Benefit Agreements (IBAs) support
  • Strategies to reduce Asset Retirement Obligation (ARO)
  • Strategies to manage License Liability Rating (LLR)
  • Site-Specific Liability Assessments (SSLAs)
  • Acquisition and divestiture support
  • Strategy development focused on environmental risk mitigation and deleveraging the balance sheet
  • Posted Line of Credit reduction strategies
  • Carrying cost reduction/mitigation analysis to increase a client’s Net Operating Income
  • Regulatory administration support
  • Government regulation education and navigation assistance
  • Peer reviews
  • Expert witness testimony

Memberships & Registrations

Why Work With Us

Our Clients Say...

Building On Our Collective Industry Experience

Well Abandonments
5,300
Well Abandonments
Decomissioning Projects
11,000
Decomissioning Projects
Site-Specific Liability Assessments
280
Site-Specific Liability Assessments
Wellsite Audits
15,000
Wellsite Audits
Client Liability Cost Reductions
$1.9B
Client Liability Cost Reductions

Our Services

LAND ACKNOWLEDGEMENT

LAND ACKNOWLEDGEMENT

ELM’s office is located on Treaty 7 land and the traditional territories of the Blackfoot Confederacy (Siksika, Kainai, Piikani), the Tsuut’ina, the Îyâxe Nakoda Nations, and the Métis Nation (Region 3). In the Spirit of reconciliation, we continue to develop and foster strong relationships with the people, communities, and lands where we work.

COMPETITIVE, CAPABLE, AND EXPERIENCED

ELM is the ready partner you want on your team when managing environmental liabilities.

Contact our team by calling 1-587-392-4000 or completing our form below.

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