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Reserves Certification

Rely on proven technical and commercial expertise to help your organization communicate corporate performance, increase stakeholder confidence, secure financing, and execute corporate strategy.

As trusted advisors, Sproule understands how reserves and resource evaluations provide an essential piece of the equity narrative presented to the investment community. We are committed to providing insightful, accurate and on-budget evaluations for clients across the world.


  • Independent Reserves Certification
  • Resource Assessments
  • Regulatory Disclosure
  • Competent Persons Reports
  • Petroleum Economics

Not All Barrels Are Created Equal

Distinctions in regulatory standards can have an impact on investment decisions. Download a snapshot of the intricacies and differences between the three largest petroleum securities markets, Australia, Canada, and the United States to assist you when assessing value, development potential, and project risks of potential investments.

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Not All Barrels Are Created Equal

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Insights into the Latest Update to the Modernized Royalty Framework

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Resource Evaluation Tells the Complete Equity Story

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Resource assessment for when your equity story can’t be captured by reserves alone

With the unprecedented growth of resource plays across North America, determining the real value of an asset, including reserves, contingent resources and prospective resources, is critical. Widespread reservoirs stretching hundreds of kilometres cannot be delineated by reserves alone, which is why investors need a clear picture of the true upside of an asset.

Sproule expertise and insight can help:

  • Create a capital efficiency program that will work in today’s price environment
  • Understand the full and half cycle cost across your portfolio
  • Support incremental equity investment
  • Ensure a clear understanding of the potential upside to secure a competitive position in a bid round

Related Courses

  • Understanding Oil & Gas Disclosure Rules Register >
  • Reserves & Resource Booking Guidelines for Unconventional Resources Register >
  • Fundamentals of SPE-PRMS for Technical Professionals Workshop Register >
  • Evaluation of Canadian Oil & Gas Properties for Technical Professionals, East Coast, Canada Register >
  • Reserves-Based Economic/Financial Modelling & Financing Register >