Reserves Reports

A Professional Development Course

Earn 1 CPD Hour

A ‘Report on Reserves Data by Independent Qualified Reserves Evaluator’ or often simply referred to as ‘Reserves Report’, is an integral part of the ‘Continuous Disclosure’ requirements of publicly traded oil and gas companies. It is also used for other reasons, including accounting, bank and financing purposes, merger and acquisitions (M&A) and other compliance activities. Given their importance, it is critical to have a basic understanding of this report.

This primer course was developed for accounting professionals working in the oil and gas sector who want to expand their cross-functional knowledge of their industry.

Upon successful completion of this course students will be able to demonstrate a basic understanding of reserves reports in the Canadian oil and gas industry including their:

  • Purpose
  • Content
  • Limitations

Course Delivery

  • Upon registration, students will receive a link to the course.
  • To be eligible for the certificate of completion and the 1 CPD Hour, students are required to review the lesson notes, as well as complete one test with a minimum grade of 50%. Students are permitted two attempts to complete the test.
  • The certificate of completion will be issued once all requirements have been met.
  • Students are expected to complete this course within 30 days of registration (course access will expire after that period).
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