The company obtains information about its assets, production, and operations from third-party exploration and production (E&P) operators, other third parties, and government databases. This data is used to assess operations, cash flows, and production forecasts. The company relies on the accuracy and timeliness of this information; any inaccuracies or delays may negatively affect financial and operational projections. Additionally, the company is exposed to risks from potential failures of third-party databases or systems, including cyber-attacks, which could disrupt business activities. Mineral reserve estimates are based on assumptions and have not been independently verified, involving inherent uncertainties in measuring underground resources. These estimates utilize SEC guideline commodity price averages, which may fluctuate and influence reserve valuations.
Phoenix Energy One Llc's Comment on Supply Chain
The company obtains information about its assets, production, and operations from third-party exploration and production (E&P) operators, other third parties, and government databases. This data is used to assess operations, cash flows, and production forecasts. The company relies on the accuracy and timeliness of this information; any inaccuracies or delays may negatively affect financial and operational projections. Additionally, the company is exposed to risks from potential failures of third-party databases or systems, including cyber-attacks, which could disrupt business activities. Mineral reserve estimates are based on assumptions and have not been independently verified, involving inherent uncertainties in measuring underground resources. These estimates utilize SEC guideline commodity price averages, which may fluctuate and influence reserve valuations.
Sources:
Phoenix Energy One Llc's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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