c5c3317e____Oil___Gas_Financial_Journal_S_versus_international_markets__OECD_market__North_Sea_model_
Little or no value to assets out of US No security on reserves, licenses, or assets
Normally secured by shares pledges and debenture but no mortgages
Reserve-based lending markets: from projects to borrowing bases - Oil & Gas Financial Journal
International OECD market (North Sea model)