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Keywords: financial institutions
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Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the Symposium on Energy, Finance, and Taxation Policies, September 19–20, 1988
Paper Number: SPE-18511-MS
... is insured against risks from which he wants to be protected. One of the most important exclusions is prudentcy. Again and again investors, joint interest owners, and financial institutions are cautioned to deal with only the most honest and reliable operators who have satisfactory track records of prudent...
