CHAPTER 9 VALUATION OF DISTRESSED ASSETS AND COMPANIES

• Jurisdiction: United States

Financial Distress in the Oil & Gas Industry
(Feb 2010)
CHAPTER 9
VALUATION OF DISTRESSED ASSETS AND COMPANIES
James E. Parkman
Parkman Whaling LLC
Houston, Texas

James E. Parkman has been associated with the energy industry and financial services business for over 30 years as an employee of energy companies, an investment banker specializing in energy and an entrepreneur providing financial services to energy companies. He is now involved in an investment banking firm formed in 2007 named Parkman Whaling LLC. Petrie Parkman & Co., the firm he co-founded in 1989, was sold to Merrill Lynch in December 2006. During the seventeen year history of Petrie Parkman it was engaged in providing financial services to the energy industry including representing clients in mergers, asset transactions, restructurings, private placements and underwriting of securities. Petrie Parkman became a leader in its businesses and was recognized in several publications as the best in the energy advisory sector before it was sold in 2006. Prior to the formation of Petrie Parkman, Jim Parkman was a Managing Director of The First Boston Corporation where he worked in the New York M&A Group as an energy specialist beginning in 1982. He came to First Boston...