CPG Communication & Client Relations 2

Question 1

When presenting reservoir uncertainty ranges to a non-technical client, which approach is most effective?

Accepted Answer

Present P10, P50, and P90 ranges with plain-language explanations of what each means for investment risk

Answer

Presenting probabilistic ranges (P10/P50/P90) with plain-language context helps non-technical clients understand risk exposure without being overwhelmed by raw data.

Question 2

A client disputes your volumetric estimate, citing a competitor geologist's significantly higher figure. What is the most professional response?

Accepted Answer

Defend your methodology, invite peer review, and explain the assumptions driving the difference

Answer

Defending your methodology transparently while inviting peer review demonstrates professional integrity and helps identify legitimate differences in assumptions.

Question 3

Which document type is most appropriate for communicating preliminary exploration findings to a joint-venture partner before final data processing is complete?

Accepted Answer

Technical memorandum with clearly stated data limitations

Answer

A technical memorandum with stated limitations conveys timely information while clearly flagging that results are preliminary and subject to revision.

Question 4

When a client asks for a 'quick verbal estimate' of recoverable reserves before your study is complete, you should:

Accepted Answer

Decline to estimate and explain that premature figures can mislead investment decisions

Answer

Providing premature reserve estimates risks misleading investment decisions and can expose the geologist to liability; deferring until the study is complete is the ethical choice.

Question 5

In a multi-disciplinary team report, what is the CPG's primary communication responsibility regarding geologic risk?

Accepted Answer

Clearly document geologic chance of success factors and the assumptions behind them

Answer

The CPG must clearly document geologic chance-of-success factors and underlying assumptions so that engineers, economists, and management can integrate them accurately.

(CPG) Certified Petroleum Geologist Practice Test

(CPG) Certified Petroleum Geologist Practice Test

CPG Communication & Client Relations 2