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 48
Page 16
... increased his estimate by 15 percent because of his opinion that re- habilitation of the wells might increase them by that much . Senator FULBRIGHT . That then would be his maximum estimate of not only present production but increased ...
... increased his estimate by 15 percent because of his opinion that re- habilitation of the wells might increase them by that much . Senator FULBRIGHT . That then would be his maximum estimate of not only present production but increased ...
Page 35
... increasing and there is a strong probability of further price increases . Restrictions on production are only those imposed by sound engineering practice . For the Nation as a whole and including imported oil , there is definitely a ...
... increasing and there is a strong probability of further price increases . Restrictions on production are only those imposed by sound engineering practice . For the Nation as a whole and including imported oil , there is definitely a ...
Page 36
... increase . Additional 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 ...
... increase . Additional 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 ...
Page 37
... increase in current income from this source . As noted in the memorandum on additional wells to be drilled , there are few of an urgent nature and few that are justified at the present time . Drilling all of the additional locations at ...
... increase in current income from this source . As noted in the memorandum on additional wells to be drilled , there are few of an urgent nature and few that are justified at the present time . Drilling all of the additional locations at ...
Page 44
... increase the total income materially but will accelerate it . ( 3 ) There is a trend toward overproduction which will result in greater restric- tions and lower prices . ( 4 ) The drilling of new wells , if done in an orderly manner ...
... increase the total income materially but will accelerate it . ( 3 ) There is a trend toward overproduction which will result in greater restric- tions and lower prices . ( 4 ) The drilling of new wells , if done in an orderly manner ...
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...