TeachMeFinance.com - explain Probable energy reserves
Probable energy reserves The term 'Probable energy reserves' as it applies to the area of energy can be defined as ' This term is equivalent to 'Indicated Reserves' as defined in the resource/reserve classification contained in the U.S. Geological Survey Circular 831, 1980. Measured and indicated reserves, when combined, constitute demonstrated reserves'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.