Re-underwrite & value arbitrage

Build the bid model: take apart the seller/CIM reserve report, reconstruct value bottom-up, and bridge asking price to our underwritten value, arb, and bid range.

Acquisition Underwriting · Underwriting · v1

Quality-uplift proof

Quality lift unmeasured

Registry maturity does not prove response or artifact quality. No qualifying same-model skill-on versus no-skill improvement has been verified.

Required comparison: same model with this skill enabled versus the same model without the skill.

Inputs and output

Required inputs

Abandonment Liability USD
Annual Production Mmboe
Benchmark Per Flowing Boed
Cim
Crux First Year Pdp Decline Pct
Crux Pdp PV-10 USD
Currency
Deal ID
Deal Name
Discount Rate Pct
Entry Discount Pct
Entry Price USD
Ev Ebitda Multiple
First Year Pdp Decline Pct
Flowing BOE Per Day
Fully Diluted Shares
Inventory Per Net Acre USD
Inventory USD
Max Pud Years To Produce
Multiple Re Rate USD
Nav Basis
Nav Components
Net Acres
Ntm Ebitda USD
Operating Model
Opex Re Rate USD
Ops Uplift Pct
Pdp PV-10 USD
Pdp Reserves Mmboe
Production Boed
Production Mboe D
Production Period
Production Uplift USD
Pud PV-10 USD
Pud Reserves Mmboe
PV-10 Multiple
Reserve Report
Seller Ask USD
Source Documents
Source Spans
Total Debt USD
Unit Basis
USD Per Acre
USD Per Flowing BOE
Valuation Basis Review
Valuation Date

Optional inputs

Basin
Bonding Shortfall USD
Reunderwrite Markdown
Strip

Required source documents

Cim
Operating Model
Reserve Report
Model
Other
Price Deck
Production Csv

Expected outputs

Nav Cross Check
Reunderwrite Value Arb Packet
Seller Vs Crux Value Bridge
Source Appendix
Value Based Bid Range

Buyer-profile access

Policy visibility is not execution proof. Authentication is checked before a run.

Partially available

Read-only connection

Some declared steps need additional operator access or setup.

Owner or operator capability required

Partially available

Partner workspace

Some declared steps need additional operator access or setup.

Owner or operator capability required

Approval and blocking gates

Review approval is required before consequential use.

Declared; runtime enforcement pending

This gate is declared but not yet bound to an executable runtime check. Treat it as uncleared.

Blocks: artifact export, binding action, external release

Declared; runtime enforcement pending

This gate is declared but not yet bound to an executable runtime check. Treat it as uncleared.

Blocks: analysis, artifact export

Declared; runtime enforcement pending

This gate is declared but not yet bound to an executable runtime check. Treat it as uncleared.

Blocks: analysis, artifact export

Declared; runtime enforcement pending

This gate is declared but not yet bound to an executable runtime check. Treat it as uncleared.

Blocks: analysis

Abstentions and limits

Abstention conditions

Reunderwrite Markdown is missing or unverified: CRUX abstains until the required evidence is supplied and validated.

Known limitations

Do not use to ingest or rebuild a reserve/production case from raw files (use reserve-case-ingest), build a full forecast/DCF or reserve certification, run a fast teaser screen (use full-screening-pass), price a sell-side process (use divestiture-readiness), or decide what to bid. This skill's value_based_bid_range is a value view only. Bid chain — competitive-bid-strategy owns the recommended bid → bid-fundability-gate proves it can be funded → bid-letter-ioi drafts the letter. Do not use for IC approval, financing approval, an IOI, external send, or investment approval.

Relationships

Outcome agents

acquisition-evaluator

Workflow-registry jobs

reunderwrite-deal

Use this skill

Authentication and the required buyer profile are checked before any work runs.