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Cautionary note to U.S. investors regarding
oil and gas reserves
The United States Securities and Exchange Commission
permits oil and gas companies, in their filings
with the SEC, to disclose only proved reserves
that a company has demonstrated by actual production
or conclusive formation tests to be economically
and legally producible under existing economic
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reserves", that the SEC's guidelines strictly
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Investors are urged to consider closely the
disclosure in our Form 20-F, File No. 1-10888,
available from us at :
Total American Services
100 Pavonia Avenue, Suite 401.
Jersey City, N.J. 07310,
United States
You can also obtain this from the SEC by calling
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The documents in this site may contain forward-looking
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risk factors, including currency fluctuations,
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The Group does not assume any obligation to
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