On December 4, 2014, the Canadian Securities Administrators published amendments to National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities and those amendments became effective July 1, 2015. This blog is the first in a series that will describe the significant changes, as seen through the eyes of a qualified reserves evaluator (QRE). Part 1: Abandonment and Reclamation Prior to the amendments, the Canadian Oil and Gas Evaluation Handbook (Volume 1, Section 7.6.4) was [Read more]