Canadian producers take 128 MMBOE off 'proved' column

摘要

Calgary-based FirstEnergy Capital Corp.reports that 2003 year-end proved reserves for Canadian producers are lower as a result of a new reserve-reporting rule,National Instrument 51-101.For intermediates,juniors and royalty trusts,proved-reserve revisions took 128 million barrels of oil equivalent (BOB) off the books,"the largest in the past five years," reports analyst Steven I.Paget.