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Question 125.01

Question: Does the staff intend to publish a list of reliable technologies that the SEC will accept for the determination of proved reserves?
Answer: No. An issuer has the burden of establishing and documenting the technology (or set of technologies) that provides reliable results, consistent with the criteria set forth in Rule 4-10(a)(25) of Regulation S-X. This information should be made available to the Commission's staff upon request in support of any reserves estimates that the staff may be reviewing. [Oct. 26, 2009]

This is a work of the U.S. Government

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