Value Hive Podcast cover image

Shubham Garg: Small-Cap E&Ps & Launching White Tundra Petroleum

Value Hive Podcast

00:00

The Importance of Reserve Auditing

The oil patch has a funny way of doing things where if you drill a well here, you only get reserves within a sphere around that well. It just gets different reserves associated with it, which is why I say you have to put in the work. The companies are not going to go out and show all the reserves. If they have undeveloped land somewhere, if they have other projects they can do, they're not going to fund everything all at once. They'll do projects as they become economic. Also want to maintain projects for multiple years down the road.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app