Form 20-F is filed by foreign private
issuers of securities to satisfy their annual report obligations
pursuant to Sections 13 and 15(d) of the Exchange Act.
The amendments in Release No.
33-8995 modernize and update the oil and gas disclosure
requirements to align them with current practices and changes in
technology. The increase in the burden associated with Form 20-F is
necessary in order to provide investors with a more meaningful and
comprehensive understanding of oil and gas reserves, which should
help investors evaluate the relative value of oil and gas
companies. The proposal will result in an increase of 4,013 burden
hours and an increase in the cost burden of $615,000 for services
of outside professionals. For a more detailed discussion, please
refer to the supporting statement.
$50,000
No
No
Uncollected
Uncollected
No
Uncollected
Raymond Be 202 551-3430
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.