Oil and Gas Reserves: Communication with the Financial Sector
نویسنده
چکیده
Outline and summary • Oil company reserves disclosures are one of the most important pieces of information that the financial sector requires in order to analyse, compare and contrast the past and prospective operational performance of oil and gas exploration and production firms. • Recent reserves re-categorizations by several companies have only served to highlight the inadequacy of the published information. • Several recommendations are made that could help improve communication between oil and gas companies and the financial sector with regard to reserves reporting.
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