SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas
CG&A
APRIL 17, 2022
Prudent operators will put a “clock” or tracking system on every drill once booked, and manage the drilling schedule and reserve reporting process with this in mind. The new(ish) SEC guidelines published in 2009 were initially interpreted to apply a 5-year drilling window to ALL drills. Fact or fiction?
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