Regulatory Alerts2023-06-09
CSA Staff Notice 51-324 (Revised): Glossary to Regulation 51-101 respecting Standards of Disclosure for Oil and Gas Activities
The Canadian Securities Administrators issued this revised glossary to define terminology used in Regulation 51-101 and its associated forms for oil and gas disclosure. The document provides standardized definitions for resource categories, including contingent and prospective resources, derived primarily from the Canadian Oil and Gas Evaluation Handbook. It serves as a reference tool to assist reporting issuers and evaluators in understanding the application of standards for reserves data and other oil and gas information.
Share