ONRR’s Common Issues In Industry Audit
6 ONRR's Common Issues In Handling An Audit - PASO â Tulsa
6 ONRR's Common Issues In Handling An Audit - PASO â Tulsa
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Issue #3 - Due Diligence<br />
<strong>In</strong>dustry Response<br />
1. Awareness issue<br />
2. More care needs to be taken during acquisitions &<br />
accounting set-up<br />
<strong>In</strong>dustry Suggestions<br />
1. ONRR & <strong>In</strong>dustry develop due diligence checklist.<br />
Post on ONRR website<br />
2. <strong>In</strong>dustry regulatory staff need to be more involved in<br />
the due diligence process
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