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Baker Hughes Discloses SEC Probe over Projects Affected by US Sanctions

2021-02-26 21:35:02| OGI

The Houston-based company added that it is providing the information sought by the SEC.

Tags: us sec projects affected


Op-ed: Another Look at SEC Investigation into Exxons Permian Valuation

2021-01-21 19:30:00| OGI

Steve Hendrickson, petroleum engineer and RED President, discusses the SECs investigation of Exxon Mobils proved reserves disclosures in the Permian Basin and how changes to assumed drilling times can increase estimated value.

Tags: sec investigation valuation permian


SEC Launches Probe of Exxon Mobil on Permian Basin Asset Valuation

2021-01-15 18:15:00| OGI

Several people involved in valuing the Exxon Permian Basin asset during an internal assessment in 2019 said employees were being forced to use unrealistic assumptions, according to a report from the Wall Street Journal.

Tags: sec mobil asset probe


US SEC Relaxes Rules on Resource Extraction Disclosures by Oil Companies

2020-12-17 00:05:00| OGI

The U.S. Securities and Exchange Commission on Dec. 16 relaxed requirements on oil, gas and mining companies to disclose payments made to foreign governments.

Tags: companies rules resource sec


NY Real Estate Developer Charged With Ponzi-Like Scheme Settles With SEC

2020-11-11 21:40:00| National Real Estate Investor

Robert C. Morgan will pay about $66 million in relief for harmed investors, but no additional monetary relief, according to the Commission. Morgan faces separate charges in a civil suit brought by the Justice Department.

Tags: with real estate sec


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