05.07.2009
Known and assumed, naturally occuring, exhaustible energy resources that are either already of economic value or whose economic value may be assumed to be realised within the forseeable future.
The three year average unit finding & development cost is calculated by dividing the total exploration, development and unproved acquisition costs incurred over the period by the total changes in net proved reserves (excluding purchases, sales and production) for that period
Such as a bank, a financial institution, an insurance company, a provident fund, a pension fund or any other type of investors as stipulated by the Israeli Securities Law
Used to provide for decommissioning expenditure