Mayhall Fondren Blaize

January 2016 Archives

Building culture of compliance can strengthen investor confidence

In the oil and gas industry, there are a variety of laws, rules and regulations that businesses must follow, and ensuring compliance with the law can be costly. Oil and gas business may find it more or less burdensome to factor these costs in to their budget, but it should be kept in mind that building an effective compliance program is smart not only from the perspective of avoiding penalties and other liabilities resulting from noncompliance, but also from the perspective of attracting investors.