On December 24, 2010, the CSA published a revised version of CSA Staff Notice 51-327 Oil and Gas Disclosure: Resources other than Reserves Data, which provides guidance on the recurring issues identified in reporting issuers' disclosure of resources other than reserves data. A revised version of Staff Notice 51-324 Glossary to NI 51-101 Standards of Disclosure for Oil and Gas Activities, was also released.
For more information on oil and gas disclosure issues, see our post of October 22, 2010 discussing recent revisions to NI 51-101 and this post of March 26, 2009 discussing previous changes to Staff Notice 51-327.
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