The Securities and Exchange Commission (SEC) said last week it was close to a decision on a re-vamp of its reserve reporting rules for oil and natural gas. Besides the question of proven vs. unproven reserves, the SEC is considering recommendations from FERC that a true estimate of natural gas reserves should include shale gas and so-called “stranded” natural gas.
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Natural Must Re-Vamp Auction Procedures
Natural Gas Pipeline Co. of America’s (NGPL) interpretation of aNovember order addressing its auctioning practices was dead wrong,FERC said last week in denying the pipeline’s request forrehearing.
December 20, 1999