Friday October 18 2013
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Canada
Link: http://www.securities-administrators.ca/aboutcsa.aspx?id=1184
The Canadian Securities Administrators (CSA) have requested comment for proposed amendments to National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities and related forms, which are designed to improve and clarify the disclosure of oil and gas reporting issuers.
The proposed amendments will also provide for increased flexibility for oil and gas reporting issuers that report in a variety of different jurisdictions worldwide, recover different oil and gas product types and operate under different regulatory regimes. The proposed amendments are intended to bring NI 51-101 into harmony with upcoming changes to the Canadian Oil and Gas Evaluation Handbook.
The proposed amendments to NI 51-101 Standards of Disclosure for Oil and Gas Activities and related forms are available on CSA member websites. The public comment period for the proposed amendments will end on 17 January 2014.
Click on the above link for more details.