Services

We provide flexible capital solutions in three primary avenues.

New Leases and
Asset Sale-Leaseback

New leases and asset sale-leaseback transactions provide producers the opportunity to finance core infrastructure assets and equipment over 5 – 10 years with the ability to repurchase the asset at the end of the lease term.

Key Characteristics

Best for:

  • Small-to-medium sized assets and equipment

Sample asset types:

  • Gas compressor packages
  • Oil / gas batteries
  • Power generation equipment
  • Water handling facilities

Payment:

Fixed monthly payment is a blend of interest and principal for a mortgage-style amortization

Details:

Buyback value typically to be agreed upon as nominal consideration at the end of the lease period – lease fully amortizes the equipment cost over the term

Outright Asset Sale
 

Outright asset sales with a long-term commitment to provide producers the flexibility to unlock significant value in their existing infrastructure assets while capitalizing on cost of capital differentials.

Key Characteristics

Best for:

  • Large core infrastructure assets

Sample asset types:

  • Infield gathering systems and pipelines
  • Gas processing plants
  • Gas compressor packages
  • Fractionation trains
  • Gas and oil storage assets
  • Power generation equipment

Payment:

Long-term commitment for a significant portion of the asset’s capacity

Details:

Northbase retains ownership of the asset post expiration of the initial commitment term (renewal option available for an extended commitment)

Rentals
 

Rental assets provide producers the flexibility to access necessary equipment on a short-term basis in absence of being able to commit to a long-term lease or a purchase of the equipment upfront. 

Key Characteristics

Best for:

  • Short-term rental solutions (1-3 years) on new equipment only
  • Smaller-sized equipment with general specifications

Sample asset types:

  • Natural gas compressors
  • Stabilizers
  • Separators
  • Power generation equipment

Payment:

Fixed monthly rental fee is a blend of interest and principal for a mortgage-style amortization

Details:

Buyout value typically to be agreed upon at a discount to original purchase price – lease fully amortizes the equipment cost over the term

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