The SEC has proposed major changes to its oil and gas reporting requirements that will affect oil and gas companies and investors. Companies will have to comply with oil and gas reserves disclosure requirements updated to reflect current industry practices and technology, as well as provide enhanced disclosure regarding their reserves. Investors, in turn, will get a more comprehensive picture of a company's reserves.

Read the full Update for a summary of the SEC's key proposed changes.

For more information please contact the White & Case lawyer with whom you regularly discuss securities matters or any of the following lawyers:

Colin J. Diamond
Partner, New York
+ 1 212 819 8754

Francis Fitzherbert-Brockholes
Partner, London
+ 44 (20) 7532-1400

Gary Kashar
Partner, New York
+ 1 212 819 8626

Glen Ireland
Partner, London
+ 44 (20) 7532-2309

Kevin Keogh
Partner, New York
+ 1 212 819 8227

John Vetterli
Partner, New York
+ 1 212 819 8816

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