Our outputs are designed to be cited in transaction documentation, submitted to lenders, presented to boards, and referenced in regulatory filings.
Endenex provides a formal assessment of whether an asset's or portfolio's decommissioning reserve, provision, security amount or Asset Retirement Obligation (ARO) estimate remains aligned with current and projected end-of-life costs. The assessment compares the amount held, booked or relied upon against a market-informed liability model covering removal scope, civil works, logistics, waste treatment, recycling pathways, material recovery, commodity exposure, inflation and site-specific execution risk.
The output is a quantified reserve adequacy view, showing the relationship between the current reserve position and the estimated cost range for fulfilling the relevant end-of-life obligation. Endenex provides confidence intervals, downside sensitivities, forward-looking adequacy analysis and a reserve adequacy grade, allowing owners, boards, lenders, auditors and surety providers to understand the degree of coverage, variance and exposure.
The assessment is structured for board reporting, audit support, lender submissions and surety bond review. It helps move decommissioning reserves, ARO estimates and related security assumptions from static figures to a defensible, market-informed view of the obligation that may crystallise at the end of the asset's life.
To discuss an engagement, contact us at advisory@endenex.com.