Proved Reserves

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Proved Reserves

The estimated amount of a natural resource, especially an energy resource, that has been measured with reasonable certainty and is obtainable with existing equipment and under current operating conditions. Proved reserves are important to energy companies that wish to extract as much of a resource as possible at the least amount of risk. See also: Developmental oil and gas partnership.

proved reserves

The quantity of minerals expected to be recoverable under current economic and operating conditions. The amount of proved reserves is important in valuing the stock of a company with significant holdings in natural resources.

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No references found			According to BP's World Energy Review of 2008, proved reserves of the Caspian countries totaled 265. Iran Called for Caspian Sea-Persian Gulf Oil Pipeline by Moj News Agency (Tehran, Iran) 6 billion barrels of oil equivalent to its proved reserves last year, extending a positive trend of replacing more barrels than it produced. Exxon reserves increase 101pc by Gulf Daily News (Manama, Bahrain) The watchdog said the penalty was "a result of unprecedented misconduct", adding: "Shell's false or misleading announcements of proved reserves were made despite indications and warnings from 2000 to 2003 that its proved reserves as announced to the market were false or misleading. Sorted and the City: Shell fined pounds 17m for reserve lies by The Mirror (London, England)			Prorroga prospect Prospect List Prospect Theory prospective appraisal Prospective Earnings Growth Prospecto Prospecto preliminar prospectus Prospero Protect Protected Fund Protected Risk protected strategy Protection Money Protection Racket Protection sociale Protectionism Protective Covenant protective put Protective put buying strategy Protective Stop Protest Protesto Prototype Plan Proved Reserves Provisao de impostos Provision Provision for Income Taxes Provision pour depreciation Provisional Call Feature Provisional Call Trigger Price Provisional Rating Provvigione proximate cause proxy Proxy Committee Proxy Committee Ballot Proxy Contest Proxy Directive Proxy Fight Proxy Materials Proxy Solicitor Proxy Statement Proxy Tax Proxy Vote PRPs Prudent Man Rule Prudent-Man Rule Prueba acida PS			prove to the contrary prove treacherous prove unreliable prove unsatisfactory prove useless prove warranted Prove You Wrong (album) Prove You Wrong (album) Prove You Wrong (album) Prove You're Human Prove Yourself True Prove-it Prove-It! PROVEA Provect Provection proved proved proved proved Proved Developed Behind Pipe Proved Developed Non-Producing Proved Developed Producing Proved Developed Shut In proved innocent Proved Name Registration Proved Not Producing proved ore Proved Reserve Proved Reserve Proved Reserves proved strength Proved Undeveloped Proved Wrong Proveditor Provedor for Human Rights and Justice Provedore provehere proven proven Proven Acceptable Range Proven Benefits Funding Model Proven Best Practice proven bull proven bull proven bull proven bull proven bull Proven Functional Operability Date proven name Proven Plus Probable Proven Reserve Proven Reserve Proven reserves Proven reserves proven sire Proven Track Record Proven, Probable, Possible Provena Mercy Medical Center Provena Saint Joseph Hospital Provena Saint Joseph Medical Center

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