The client wanted the TresVista team to research Guyana’s macroeconomic & social environment, O&G sector developments in the country which included FDI inflows, political environment, currency performance, government debt as a percentage of GDP, expected production per capita, oil reserves, and production by country. The client also wanted assistance on Trading and Transaction Comps for a few industry players.
To conduct extensive research on Guyana’s economic policies and O&G sector to present it as a rising Latin American economy.
The TresVista team followed the following process:
Country/ Industry Research: Conducted research on the economy, political system, thriving industries, etc. via desktop research and available databases
Analyzing Regulatory Framework: Analyzed new policies including National Resource Fund, Local Content Bill, etc.
Shortlisting Economic Indicators: Analyzed various economic indicators and shortlisted the ones that accurately represent the country’s potential
Trading/ Transaction comps: Identified O&G companies operating in the country and associated precedent transactions
Integration in the deck: Compiled all the findings and presented Guyana as a lucrative investment destination
The major hurdle faced by the TresVista team was limited data. Since the Guyanese economy is in the early stages of development, there were limited reliable sources that used similar reporting standards. Hence, it was difficult to compare Guyana with other economies on various parameters.
The TresVista team overcame these hurdles by considering data from only reliable sources like World Bank data, IMF reports, UN reports, and Government websites.
The TresVista team provided business indicator rankings to analyze Guyana as an investment destination and due to the wide scope of research, the team suggested metrics and parameters that can be used to accurately represent the country and the O&G sector outlook like oil production
forecast by asset and discoveries.