How Can Energy Users and Investors Rely on Current Reserve Reports?

Energy consumers, politicians and investors are becoming increasingly concerned about the resources available to supply energy for our transport, industry and homes over the coming years. Across the globe, there are alarming inconsistencies and a lack of clarity and transparency in the way oil and gas reserve numbers are estimated and reported. These somewhat arbitrary figures are used and compared by widely different audiences, with varying perceptions of their real meaning, to draw conclusions about the capacity of future production to meet growing demand or about company earnings and value. The results may be deceptive.
Financial Sense