Study of Reconstruction Finance Corporation, Hearings Before a Subcommittee of ..., 81-2 ..., Texmas Loan, April 13, 22, and 27, 19501949 - 270 pages |
From inside the book
Results 1-5 of 79
Page 16
... drilled . are stated in barrels . What total is estimated by Mr. Garrett ? Mr. HELLER . 12,498,681 barrels . The data Senator FULBRIGHT . Mr. Garrett was the petroleum engineer em- ployed by whom ? Mr. HELLER . I understand Mr. Garrett ...
... drilled . are stated in barrels . What total is estimated by Mr. Garrett ? Mr. HELLER . 12,498,681 barrels . The data Senator FULBRIGHT . Mr. Garrett was the petroleum engineer em- ployed by whom ? Mr. HELLER . I understand Mr. Garrett ...
Page 35
... . Valuation of leases as of present date ; also after rehabilitation and well- drilling program now proposed has been accomplished . On the basis of the reports prepared , the present STUDY OF RECONSTRUCTION FINANCE CORPORATION 35.
... . Valuation of leases as of present date ; also after rehabilitation and well- drilling program now proposed has been accomplished . On the basis of the reports prepared , the present STUDY OF RECONSTRUCTION FINANCE CORPORATION 35.
Page 36
... drilling will effect an increase in value . This is more fully covered in the special memorandum on rehabilitation and future drilling . As previously stated the current long - range outlook is for lower prices for crude oil . It is ...
... drilling will effect an increase in value . This is more fully covered in the special memorandum on rehabilitation and future drilling . As previously stated the current long - range outlook is for lower prices for crude oil . It is ...
Page 37
... Drilling all of the additional locations at the present time would require an amount that would put the loan well over the limit that I would set . At best , rehabilitation and additional drilling will not increase the total income over ...
... Drilling all of the additional locations at the present time would require an amount that would put the loan well over the limit that I would set . At best , rehabilitation and additional drilling will not increase the total income over ...
Page 39
... drilling of new properties Estimated income Estimated operating costs Estimated Federal income tax Balance Rework RFC loan of cash and to loan emergency drilling require- ment Interest on loan On loan principal Amount of loan Balance ...
... drilling of new properties Estimated income Estimated operating costs Estimated Federal income tax Balance Rework RFC loan of cash and to loan emergency drilling require- ment Interest on loan On loan principal Amount of loan Balance ...
Common terms and phrases
accounts payable Agency Manager amount applicant company appraisal approved assets basis believe Board of Directors borrower capital cash cents a barrel CONSIDINE correct cost creditors Dallas debentures Debit decline developed disbursement drilling DUNHAM equipment estimate examiner Fagadau fair market value figures Garrett gas reserves geologist GLIDDEN GUNDERSON hereof HISE income indebtedness Investors Group Keplinger leasehold leases letter liabilities loan value Midway Oils MURRELL National Cooperative Refinery notes payable oil and gas oil business oil reserves operating opinion paragraph participate percent petroleum engineer Petroleum Reserve Corp present production properties prospectus proven question reason recommended Reconstruction Finance Corporation record referred rehabilitation repayment Republic National Bank Republic Steel Corp requested review committee RFC loan RONAN schedule secured Senator DOUGLAS Senator FULBRIGHT September 15 Snowden statement subcommittee Swiss Oil Texas Texmass loan Texmass Petroleum Texmass Petroleum Co tion Total undeveloped reserves voting White
Popular passages
Page 106 - ... of such sound value or so secured as reasonably to assure retirement or repayment, and such loans may be made either directly or in cooperation with banks or other lending institutions through agreements to participate or by the purchase of participations or otherwise.
Page 1 - The report shall also show specifically any program, expenditure, or other financial transaction or undertaking observed in the course of the audit, which, in the opinion of the Comptroller General, has been carried on or made withouth authority of law.
Page 1 - Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may be prescribed by the Comptroller General of the United States. The audit shall be conducted at the place or places where accounts of the Corporation are normally kept.
Page 60 - Senate and House of Representatives and to all other public officials concerned with the Forks Site project. Adopted this 19th day of April 1966.
Page 1 - The report shall set forth the scope of the audit and shall include a statement (showing intercorporate relations) of assets and liabilities, capital and surplus or deficit ; a statement of surplus or deficit analysis; a statement of income and expense; a...
Page 12 - At this point I would like to offer for the record a letter...