Petroleum Accounting and Financial Management Journal

Fall/Winter 2016 Vol. 35 № 3
Director Compensation of the Oil and Gas Industry: Current Trends 1
Xiaoyan Cheng, Wikil Kwak, Burch Kealey, and Richard File

This article addresses the question of how to fairly compensate directors of the oil and gas industry for their commitment when being faced with regulatory change and an uncertain economy.

Director Compensation of the Oil and Gas Industry: Current Trends. Cheng, Xiaoyan; Kwak, Wikil; Kealey, Burch; and File, Richard, Fall/Winter 2016, pp. 1‑15.

2016 BDO Global Energy Middle Market Monitor: Are Mid-Market Energy Companies in over Their Heads? 16
Charles Dewhurst, Jim Johnson

This article explores what middle market energy losses mean in terms of revenue declines, wavering investor confidence and the ability to compete with the leading industry players.

2016 BDO Global Energy Middle Market Monitor: Are Mid-Market Energy Companies in over Their Heads? Dewhurst, Charles and Johnson, Jim, Fall/Winter 2016, pp. 16‑42.

The Energy Industry's Responses to the Promulgation of ASC 842: Leases 43
Robson Glasscock, Penne Ainsworth, Landon Shimpa

The authors provide a general overview of lease accounting from the lessee and lessor's perspectives and applications to the energy industry.

The Energy Industry's Responses to the Promulgation of ASC 842: Leases. Glasscock, Robson; Ainsworth, Penne; and Shimpa, Landon, Fall/Winter 2016, pp. 43‑50.

Checklist for Negotiating an Oil and Gas Lease 51
John B. McFarland

This article is intended to provide practical advice for landowners in negotiating oil and gas leases for their mineral interests.

Checklist for Negotiating an Oil and Gas Lease. McFarland, John B., Fall/Winter 2016, pp. 51‑77.

Three Recent State Supreme Court Decisions Affecting the State and Local Taxation of Energy 78
Elizabeth Plummer

A review of three recent state tax cases and how they affect the taxation of energy-related income and properties.

Three Recent State Supreme Court Decisions Affecting the State and Local Taxation of Energy. Plummer, Elizabeth, Fall/Winter 2016, pp. 78‑85.

Driving Capital Efficiency to Fuel Oil and Gas Projects 86
Anthony F. Caletka

This article addresses capital projects and infrastructure in the energy industry and how best to select, plan and execute projects with capital efficiency.

Driving Capital Efficiency to Fuel Oil and Gas Projects. Caletka, Anthony F., Fall/Winter 2016, pp. 86‑95.

Liquidity Risk Disclosures and Bankruptcies of Oil and Gas Firms 96
Da Wu

This paper examines whether the liquidity risk disclosed by management's going concern assessment in 10-K reports and the linguistic tone on liquidity in the Management, discussion, and Analysis (MD&A) section can predict bankruptcy for oil and gas firms.

Liquidity Risk Disclosures and Bankruptcies of Oil and Gas Firms. Wu, Da, Fall/Winter 2016, pp. 96‑108.

Unfolding Trends in the Oil Trading Industry 109
Oliver Hsieh, Tim Rockell

This article addresses the broad impact of low oil prices on global oil trading. In particular, it highlights Six Core Trends shaping the oil trading sector in the last 12 months.

Unfolding Trends in the Oil Trading Industry. Hsieh, Oliver and Rockell, Tim, Fall/Winter 2016, pp. 109‑124.