Winning the numbers game
Another year before new SEC rule allowing 12-month average price takes effect
For Petroleum News
Within a year Canadian energy producers — notably those in the oil sands — should emerge victorious from their prolonged battle with the Securities and Exchange Commission over U.S. reserves rules.
Effective Jan. 1, 2010, they can apply a 12-month average price to estimate their reserves, instead of....
[additional news subjects in this story]
Criticisms of old system
Final rules not published
SEC approves new rules for oil reserves
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