Skip Navigation
Securities Law

51-101CP - Standards of Disclosure for Oil and Gas Activities [CP - Rescinded]

Published Date: 2003-09-26
Effective Date: 2003-09-30
Rescinded Date: 2005-12-30
Document(s):

Concurrently Published:

TABLE OF CONTENTS


PART 1 APPLICATION AND TERMINOLOGY
1.1 Supplements Other Requirements
1.2 MaterialityStandard
1.3 When Does NI51-101 First Apply to a ReportingIssuer?
1.4 COGEHandbook
1.5 QualifiedReservesEvaluatororAuditor
1.6 Oil Sands and Other Non-Conventional Activities
1.7 Use of Information

PART 2 ANNUAL FILING REQUIREMENTS
2.1 Annual Filings on SEDAR
2.2 Inapplicable or Immaterial Information
2.3 Use of Forms
2.4 AnnualInformationForm
2.5 Reservationsin Report of Independent QualifiedReservesEvaluatororAuditor
2.6 Negative Assurance by QualifiedReservesEvaluatororAuditor
2.7 Royalty Interest in Reserves
2.8Government Restriction on Disclosure
2.9 Additional Information
2.10 Sample ReservesDataDisclosure

PART 3 RESPONSIBILITIES OF REPORTINGISSUERS AND DIRECTORS
3.1 Reserves Committee
3.2 Responsibility for Disclosure

PART 4 MEASUREMENT
4.1 ForecastPricesandCosts
4.2 ConstantPricesandCosts
4.3 Financial Instruments
4.4 ReservesEstimation Methods
4.5 Consistency of Timing

PART 5 REQUIREMENTS APPLICABLE TO ALL DISCLOSURE
5.1 Scope of Part 5 of NI51-101
5.2 Written Consents
5.3 Estimates of Fair Value
5.4 Negative Assurance
5.5 SupportingFilings
5.6 Consistent Use of Units of Measurement
5.7 BOEsand McfGEs
5.8Finding and Development Costs

PART 6 MATERIAL CHANGE DISCLOSURE
6.1 Changes from Filed Information
6.2 Constant Case Estimates

PART 7 INDEPENDENCE OF PROFESSIONALS
7.1 Independence of QualifiedReservesEvaluatororAuditor
7.2 Unacceptable QualifiedReservesEvaluatororAuditor or Valuator

PART 8 EXEMPTIONS
8.1 Scope of Possible Exemptions
8.2 Exemption from Requirement for Independent QualifiedReservesEvaluatororAuditor
8.3 Exemption Permitting Substitution of FASBStandard
8.4 Exemption Permitting US-Style Disclosure
8.5Stacking of Exemptions
8.6 Exemption not Conferring Immunity

APPENDIX 1 - GLOSSARY
Part 1 Definitions
Part 2 Definitions of Reserves

APPENDIX 2 - SAMPLE RESERVESDATADISCLOSURE