ASC 2015 Oil and Gas review report suggests best disclosure practices

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The Alberta Securities Commission has published its 2015 Oil and Gas Review Report. The Report consists of the ASC’s observations and analysis of oil and gas disclosure by reporting issuers, with a focus on common deficiencies in annual information forms, investor presentations, news releases, prospectuses and in Form 51-101F1 – Statements of Reserves Data and Other Oil and Gas Information. The general standards and specific annual requirements for disclosure by reporting issuers engaged in oil and gas activities are set out in National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities.

Read full article here.

Perry Feldman and Steve Pearson – Mondaq – February 09, 2016.

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