Mayer Brown
March 2, 2010

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Jones Day
March 2010

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Fried Frank
January 20, 2010

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Vinson & Elkins
December 31, 2009

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Fulbright & Jaworski
December 8, 2009

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Sullivan & Cromwell
November 20, 2009

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Bracewell & Giuliani
November 11, 2009

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Mayer Brown
March 2, 2009

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Fried Frank
February 24, 2009

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Milbank
February 10, 2009

Sullivan & Cromwell
January 26, 2009

Jones Day
January 2009

Hogan & Hartson
SEC Update
January 29, 2009

Haynes Boone
January 26, 2009

Cleary Gottlieb
January 28, 2009

Vinson & Elkins
January 27, 2009

Simpson Thacher
January 26, 2009

Sherman & Sterling
January 16, 2009

Akin Gump
Energy and Global Transactions Alert
January 12, 2009

White & Case
January 7, 2009
This Alert reviews new SEC rules that make significant revisions to its oil and gas reporting requirements. The new rules are intended to provide investors with a more meaningful and comprehensive picture of a company’s oil and gas reserves and to address significant technological changes (notably in respect of extraction technologies) that have occurred in the more than a quarter of a century since the reporting requirements were adopted. The new rules will be effective for registration statements filed on or after January 1, 2010, and for annual reports on Forms 10-K and 20-F for fiscal years ending on or after December 31, 2009.

This comprehensive Alert looks at the key changes to the rules pursuant to which: 

• companies will be permitted (but not required) to disclose “probable” ...

Mayer Brown
January 2, 2009
This Alert reviews the SEC’s overhaul of rules relating to oil and gas reserves reporting requirements which are intended to reflect technological advances and changes in the industry since regulations regarding oil and gas reserve disclosure were adopted in 1982. Key changes to the reporting requirements include [citing the Alert]:

“(1) the disclosure of probable and possible reserves in addition to proved reserves;

(2) the permitted use of new technologies to determine proved reserves if such technologies have been demonstrated empirically to lead to reliable conclusions regarding reserve volumes;

(3) the reporting of oil and gas reserves using an average price based on the prior 12-month period rather than year-end prices; and

(4) the ...

Patton Boggs
Securities Law Alert
October 9, 2008
This Alert reviews proposed SEC rules aimed at providing investors with a more accurate picture of a company’s oil and gas reserves and which will likely result in a boost to the reserves reported by SEC-regulated oil & gas companies. Key among the new rules are changes that will allow (i) disclosure of probable reserves, (ii) the application of new technologies to assessing reserves and (iii) the reclassification of oil sands to reserves.