Reported/Remaining Value

Reported value is the estimated future gross revenue that can be raised from producing proved reserves, net of estimated production and future development costs, utilizing the prices and costs that are in effect during the determination date, prior income taxes, and without giving effect to expenses that are non-property-related, discounted to a present value using an annual discount rate of 10%, as what is written in the guidelines of the SEC.

Previous: Registration Next: Retail Fund