Protect your oil and gas investments with Coquest Structured Products
Learn more about Coquest and how you can protect your oil and gas revenue stream
Coquest Structured Products, Ltd. (Coquest Financial Services, Inc.- General Partner), was established in 1998 to offer risk management services and related structured products, primarily to small and mid-sized oil and gas producers, operators, refiners, and end-users. The company was formed as a result of a combination of efforts by John Vassallo, President, Coquest, Inc. and Subsidiaries, and Norman L. Young, who had previously headed up the marketing of energy derivatives for Torch Energy Marketing, Inc. and EOTT Energy Corporation. Both John Vassallo and Norman Young had recognized that, in the energy industry, smaller producers and end-users typically experience difficulty in hedging price-risk due to volumetric constraints. As a result, they cannot go to large financial houses that typically only handle large-volume trades. Accordingly, Coquest Structured Products, Ltd. was set up to specifically serve smaller customers.
Contract Trading and Execution Services
- Work with clients in establishing hedging parameters, as requested.
- Assist in identifying and getting set up to trade with large OTC hedging counterparties.
- Ensure that margins, strike prices and costs are reasonable.
- Provide real-time monitoring of energy markets, shopping, and execution of hedge targets established by Management.
- Review all trading confirmations to ensure accuracy and propriety of terms.
- Tracking and reporting of all hedge trades, as well as risk exposure, by counterparty.
- Sharing of market intelligence and related current and historical data.
- Other risk or trading services, as required.
Request a contact from Coquest today!
Coquest will provide:
- Assistance in establishing customer risk profile.
- Educating clients on hedging structures and theory.
- Assistance in establishing hedging strategy.
- Assistance in setting up ISDA (Master Swap Agreement), if necessary.
- Other risk consulting as required.