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Thursday, 06/15/2006 12:06:38 PM

Thursday, June 15, 2006 12:06:38 PM

Post# of 173815
Booking of Oil Company Reserves - Next big thing.

I listened to Don Coxe last night. He is saying that the next big flap will be how oil companies account for reserves. Says to buy solid companies in stable countries with proven track record.

Does anyone here have input on how oil companies have accounted for reserves to date and what the big problems might be?

Coxe link: http://events.startcast.com/events/199/B0001/

Thanks,

Kipp

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