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Market risks and oilfield ownership--Refining oil and gas disclosures

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  • Kretzschmar, Gavin L.
  • Misund, Bard
  • Hatherly, David

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  • Kretzschmar, Gavin L. & Misund, Bard & Hatherly, David, 2007. "Market risks and oilfield ownership--Refining oil and gas disclosures," Energy Policy, Elsevier, vol. 35(11), pages 5909-5917, November.
  • Handle: RePEc:eee:enepol:v:35:y:2007:i:11:p:5909-5917
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    References listed on IDEAS

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    1. Yanbo Jin & Philippe Jorion, 2006. "Firm Value and Hedging: Evidence from U.S. Oil and Gas Producers," Journal of Finance, American Finance Association, vol. 61(2), pages 893-919, April.
    2. Helyette Geman, 2005. "Energy Commodity Prices : Is Mean-reversion Dead ?," Post-Print halshs-00144306, HAL.
    3. Kevin Thomas Berry & William Wilcox & Charlotte Wright, 2004. "The relative information content of the components of the reserve disclosures: reserve quantities vs. the standardised measure," International Journal of Accounting, Auditing and Performance Evaluation, Inderscience Enterprises Ltd, vol. 1(3), pages 267-287.
    4. Magliolo, J, 1986. "Capital-Market Analysis Of Reserve Recognition Accounting," Journal of Accounting Research, Wiley Blackwell, vol. 24, pages 69-108.
    5. Gavin L. Kretzschmar & Peter Moles, 2006. "The Effect of “Private” and “Public” Risks on Oilfield Asset Pricing: Empirical Insights into the Georgetown Real Option Debate," Journal of Applied Corporate Finance, Morgan Stanley, vol. 18(2), pages 106-115, March.
    6. repec:dau:papers:123456789/1442 is not listed on IDEAS
    7. Haushalter, G. David & Heron, Randall A. & Lie, Erik, 2002. "Price uncertainty and corporate value," Journal of Corporate Finance, Elsevier, vol. 8(3), pages 271-286, July.
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    Cited by:

    1. Bård Misund & Petter Osmundsen, 2015. "Probable Oil and Gas Reserves and Shareholder Returns: The Impact of Shale Gas," CESifo Working Paper Series 5687, CESifo.
    2. Vicknair, David & Tansey, Michael & O'Brien, Thomas E., 2022. "Measuring fossil fuel reserves: A simulation and review of the U.S. Securities and Exchange Commission approach," Resources Policy, Elsevier, vol. 79(C).
    3. Bård Misund, 2016. "Vertical integration and value-relevance: Empirical evidence from oil and gas producers," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1264107-126, December.
    4. Misund, Bård, 2015. "Reserves Replacement and Oil and Gas Company Shareholder returns," UiS Working Papers in Economics and Finance 2015/11, University of Stavanger.
    5. Gavin Kretzschmar & Axel Kirchner, 2008. "Recovery of hidden state participation effects on oil and gas asset values," The European Journal of Finance, Taylor & Francis Journals, vol. 14(8), pages 755-769.
    6. Kretzschmar, Gavin L. & Kirchner, Axel, 2009. "Oil price and reserve location--Effects on oil and gas sector returns," Global Finance Journal, Elsevier, vol. 20(3), pages 260-272.
    7. Bård Misund, 2017. "Accounting method choice and market valuation in the extractive industries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1408944-140, January.
    8. Sabet, Amir H. & Heaney, Richard, 2016. "An event study analysis of oil and gas firm acreage and reserve acquisitions," Energy Economics, Elsevier, vol. 57(C), pages 215-227.
    9. Fox, Kenneth A. & Lefsrud, Lianne M., 2021. "The ecology of regulatory change: The security and exchange commission’s modernization of oil and gas reserves reporting," Resources Policy, Elsevier, vol. 72(C).
    10. Bård Misund & Petter Osmundsen, 2017. "Valuation of proved vs. probable oil and gas reserves," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1385443-138, January.

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