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Post# of 116863
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Belize Oilwatch

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Belize Oilwatch

Re: Shizoku post# 31821

Wednesday, 05/09/2012 9:53:07 AM

Wednesday, May 09, 2012 9:53:07 AM

Post# of 116863
Unfortunately you are wrong.

I applied no reasoning just quoted facts.

The reporting convention in the oilfield using rules set by the SEC is that reserves and acreage holding is reported on a net equity holding basis.

That is all I have done.
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