Tag: Proven Developed Researves

Proven developed (PD) reserves with respects to an oil and gas lease are the amount of reserves that may be recovered from where there are existing wells, that may or many not be in production, where minimal additional investment is required in order to recover the oil and gas in place. This is different from Proven Developed Producing Reserves (PDP) which includes only those reserves which are actually in production.

Micro-Cap Review Article – Performing Due Diligence on a Micro-Cap Oil & Gas Company

This is a reprint of the article “Performing Due Diligence on a Micro-Cap Oil & Gas Company” written by Erik Nelson, President of Coral Capital Partners, Inc. that was published in the Fall, 2011 edition of Micro-Cap Review Magazine. It takes a look at some of the essential items to consider when evaluating a micro-cap oil and gas company as a potential investment. It is an excellent primer on understanding the various terms and their definitions when looking at a potential oil and gas investment. This is the 2nd article authored by Erik Nelson to be published in Micro-Cap Review Magazine, and the 1st through Coral Capital Partners.