A royalty audit may be required:
• When negotiating or renegotiating a contract
• Where there are language barriers/cultural differences that make communication difficult
• Where revenue reported is not in-line with expectation
• To provide client’s senior management comfort around the robustness of the company’s
monitoring processes
Century Well is adept at interpreting complex license agreements and understanding the issues that can arise. We have worked with many oil/gas and mining companies in the world, auditing licensees in these markets and uncover under-reporting, whilst helping to foster an environment that encourages future compliance. Our network of industry contacts will ensure you connect with your peers and build valuable new relationships.