Country Lead NorwayFinancial Due Diligence Lead NorwayValuation Lead NorwayResponsible for valuation and due diligence of the Norwegian portfolios of Wintershall and DEA for the intended merger.Combined portfolio value 5 bln USD+

Leading a team of highly specialized professionals Main activities:I. Valuation of exploration and development projects in the E&P industry, covering full project life cycleExploration- Economic modelling, evaluation and analysis for exploration leads and prospects in Barents Sea, Mid Norway, Norwegian Continental Shelf and UK North SeaProduction and Development- Economic analysis and comparison of various development scenarios (eg. tie-back, stand alone)- Optimization of development scenarios in close collaboration with facility and subsurface teams by gathering and modelling development possibilitiesDecommissioning- Determination of optimum phasing for cessation of production and decommissioning - Negotiation and valuation of decommissioning security agreementsBusiness development- M&A projects, both buy / sell side- Farm-in / Farm-out- involved in various high-profile deals on the NCS (total > 3 bln USD)II. Commercial- Gas sales agreementsIII. Corporate Finance- Comparative analysis of project financing opportunities- Corporate financing- Lease vs. buy decisions- IV. E&P specific accouting & reporting- Impairment Testing according to IAS 36- PPA (Purchase Price Allocation) in Mergers and Acquisition processes- Reserves Reporting

Specialist Accounting and reporting Main tasks: IFRS reporting - Analysis of accounting topics, preparation of documentation to senior management - Preparation of global accounting guidelines for E&P accounting (IFRS 6, FAS 19) - Derivatives (IAS 39) - Identification and valuation of embedded derivatives - Business Combinations and Purchase Price Allocation (IFRS 3) - Financial assets and fixed assets impairment testing (IAS 36)Reporting - Preparation of Statutory Financial Statements (HGB) - Reporting to parent company for corporate financial statements- Preparation of group statements / group consolidation with SAP BCS- Accounting and reporting support for subsidiaries - Integration of acquired companies into corporate financial systems - point of contact for external auditors Participation in Mergers and Acquisition processes - Financial analysis of M&A targets - due-diligence

SAP integration LibyaCorporate Finance