1403005 Informal Interpretation
… 1403005 Informal Interpretation 1403005 Informal Interpretation From: Gillis, Diana L. Sent: Thursday, March 13, 2014 11:30 AM To: … Mike- quick 802.3 valuation question- if a company is buying a 55% interest in oil reserves, is the relevant value to …
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802.3
If it is a 55% undivided interest in the reserves, you would look at 55% of the value of the total reserves. If it is a 55% interest in an entity that holds the reserves: you would be under §802.4, so...
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