Oil and Natural Gas Bonds

Expertise

• Proven track record and experience in developing surety programs to meet long term guarantees
• Handle a variety of surety bonds relating to closure, decommission and reclamation obligations
• Regularly provide bonding capacity for many growing companies

Partnerships

• Strategic relationships with specialty surety companies who are highly rated
• Program supplements existing surety relationships

What sets Smith Manus apart?

• Unique approach to underwriting that considers the off balance sheet assets
• Willingness to customize programs to provide significant capacity and risk based collateral percentages
• Focus on specialty bonds that are longer term with an environmental and energy component
• Superior overall terms and conditions
• Ability to handle unique bonding requirements

Potential Clients

• Companies with drilling guarantees utilizing ILOC’s or restricted cash
• Natural gas producers with water storage and related facilities (example: PA WMGR 121/123 permits)
• Businesses with multi-state operations
• Any company working to keep up with the ever-changing regulatory environment and new financial assurance requirements