LexisNexis ( June 23, 2022, 2:10 PM EDT) -- The current geopolitical conditions and high oil and gas commodity prices promise to lead to increased oil and gas development activity in the United States, much of which will be funded by secured reserve-based loans. This makes it an excellent time for banks (and exploration and production companies seeking financing) to review the Office of the Comptroller of the Currency’s Oil & Gas Exploration & Production Lending booklet from the Comptroller’s Handbook. Reviewing the Oil and Gas Booklet now can help lenders avoid heartache later when the current boom cycle inevitably turns to a bust....