Whether it’s for year-end financial reporting or the annual bank credit redetermination process, operators across the WSCB are finding they need to pay closer attention to how they assign value to asset retirement obligations, or ARO.
Until now, the process of evaluating, tracking, managing, and reporting ARO would typically involve a tangle of spreadsheets, thousands of points of data, and several days or weeks of work per year. And still there would be no certainty or standardization across companies.
XI Technologies has addressed all these issues and simplified the ARO process with the industry’s first ARO Manager software. The most recent release of AssetBook ARO Manager includes a handy Project Overview Report which instantly assembles all the ARO information currently being requested by Canadian banks during credit redetermination.
This informative webinar will cover:
- A review of current ARO management processes and their drawbacks.
- The benefits of streamlining ARO through purpose-built ARO process software.
- A demonstration of the AssetBook ARO Manager using a real-world example.
Free ARO webinar: 1:30 p.m. MDT, Thursday, June 20, 2019. Click here to register.
