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

PART 1           APPLICATION AND TERMINOLOGY
1.1       Supplements Other Requirements
1.2       Materiality Standard
1.3       When Does NI 51-101 First Apply to a Reporting Issuer?
1.4       COGE Handbook 
1.5       Qualified Reserves Evaluator or Auditor 
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       Annual Information Form
2.5       Reservations in Report of IndependentQualified Reserves Evaluator or Auditor
2.6       Negative Assurance by Qualified Reserves Evaluator or Auditor
2.7       Royalty Interest in Reserves
2.8       Government Restriction on Disclosure
2.9       Additional Information
2.10     Sample Reserves Data Disclosure
 
PART 3           RESPONSIBILITIES OF REPORTING ISSUERS AND DIRECTORS
3.1       Reserves Committee
3.2       Responsibility for Disclosure
 
PART 4           MEASUREMENT
4.1       Forecast Prices and Costs
4.2       Constant Prices and Costs
4.3       Reserves Estimation Methods
4.4       Consistency of Timing

PART 5           REQUIREMENTS APPLICABLE TO ALL DISCLOSURE
5.1       Scope of Part 4 of NI 51-101  
5.2       Estimates of Fair Value
5.3       Negative Assurance
5.4       Supporting Filings
5.5       Consistent Use of Units of Measurement
5.6       BOEs and McfGEs
5.7       Finding and Development Costs
 
PART 6           MATERIAL CHANGE DISCLOSURE
6.1       Changes from Filed Information
 
PART 7           INDEPENDENCE OF PROFESSIONALS
7.1       Independenceof Qualified Reserves Evaluator or Auditor
7.2       Unacceptable Qualified Reserves Evaluator or Auditor or Valuator
 
PART 8           EXEMPTIONS
8.1       Scope of Possible Exemptions 
8.2       Exemption from Requirement for IndependentQualified Reserves Evaluator or Auditor
8.3       Exemption Permitting Substitution of FASB Standard
8.4       Exemption Permitting SEC-Only Disclosure
8.5       Stacking of Exemptions
            8.6       Exemption not Conferring Immunity
 
APPENDIX 1 - GLOSSARY
Part 1   Definitions
Part 2   Definitions of Reserves
 
APPENDIX 2 - SAMPLE RESERVES DATA DISCLOSURE