VOL. XLVII
No 05
2-February-2004
SUPPLY/DEMAND
Pressure Builds For Greater Clarity On IOC Reserves
According to a recent Wood Mackenzie report New Thinking Needed For Exploration?, oil companies have been less successful in the exploration phase than their SEC filings would suggest. This has raised the pressure on companies to provide greater visibility on the size of reserves booked, Deutsche Bank said on 23 January in a research note entitled Reservations About Reserves. The Wood Mackenzie...
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