Search Results - subject:"probable reserves"

Valuation of proved vs. probable oil and gas reserves

Misund, Bård; Osmundsen, Petter - In: Cogent Economics & Finance 5 (2017) 1, pp. 1-17

probable reserves, thus leaving out potentially important information for investors and financial analysts. This study … that do disclose information on probable reserves, we compare the relation between three classifications of reserves and … oil company returns. While we find that information on probable reserves do not have an impact on stock returns measured …

Persistent link: https://www.econbiz.de/10011988797

Valuation of proved vs. probable oil and gas reserves

Misund, Bård; Osmundsen, Petter - In: Cogent economics & finance 5 (2017) 1, pp. 1-17

Persistent link: https://www.econbiz.de/10011886673

Overview of the Practical and Theoretical Approaches to the Estimation of Mineral Resources. A Financial Perspective

Pavaloaia, Leontina - In: Acta Universitatis Danubius. OEconomica (2012) 5(5), pp. 104-117

Mineral resources represent an important natural resource whose exploitation, unless it is rational, can lead to their exhaustion and the collapse of sustainable development. Given the importance of mineral resources and the uncertainty concerning the estimation of extant reserves, they have...

Persistent link: https://www.econbiz.de/10010614605

Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries

Zhan, Zaijin; York, Robert C. - International Monetary Fund (IMF) - 2009

Over many years rises and fall of world oil prices have been repeatedly reflected in the boom-bust cycles in oil-exporting countries the world over. The recent spectacular rise and equally spectacular fall in prices provides an opportunity to inquire whether anything is different this time. In...

Persistent link: https://www.econbiz.de/10008528681

Managing the Oil Revenue Boom; The Role of Fiscal Institutions

Villafuerte, Mauricio; Ossowski, Rolando; Thomas, Theo; … - International Monetary Fund (IMF) - 2008

Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how governments manage their fiscal policies in light of changing oil-market conditions and...

Persistent link: https://www.econbiz.de/10011245905

Old Curses, New Approaches? Fiscal Benchmarks for Oil-Producing Countries in Sub-Saharan Africa

Olters, Jan-Peter - International Monetary Fund (IMF) - 2007

Buoyant oil prices have allowed oil-producing countries in sub-Saharan Africa (SSA OPCs) to increase oil exports and fiscal revenues, providing them with resources necessary to address the pressing social needs. To preclude another boom-bust cycle, this paper advocates the definition of a fiscal...

Persistent link: https://www.econbiz.de/10005263842

Trinidad and Tobago; Selected Issues

International Monetary Fund (IMF); International … - 2007

This Selected Issues paper analyzes medium-term fiscal sustainability in Trinidad and Tobago. The paper focuses on the challenge of distributing the nonrenewable resource wealth across generations. Its recommendations are geared toward the goal of intergenerational distribution and therefore...

Persistent link: https://www.econbiz.de/10011244257

Algeria; Selected Issues

International Monetary Fund (IMF); International … - 2005

This Selected Issues paper on Algeria reports that the authorities have relied on an expansionary fiscal stance to stimulate growth and employment, but structural reforms have virtually stalled. Although the economy has recorded increasing growth, the nonhydrocarbon sector remains small and...

Persistent link: https://www.econbiz.de/10005591638

Trinidad and Tobago; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2003

This paper analyzes the historical and current energy booms of Trinidad and Tobago, and points out the main policy issues during boom times. It provides practical suggestions on the long-term management of the expected resource windfall in Trinidad and Tobago, and outlines theoretical guidelines...

Persistent link: https://www.econbiz.de/10005591188

Republic of Kazakhstan; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2003

This Selected Issues paper reviews the developments, issues, and prospects of the petroleum sector of Kazakhstan, and analyzes the recent strong economic growth, the links between the oil and the non-oil sector, and assesses the contribution of each sector. It explores the trade policy options...

Persistent link: https://www.econbiz.de/10005825202