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TeachMeFinance.com - explain Extensions, discoveries, and other additions Extensions, discoveries, and other additions The term 'Extensions, discoveries, and other additions' as it applies to the area of energy can be defined as ' Additions to an enterprise's proved reserves that result from(1) extension of the proved acreage of previously discovered (old) reserves through additional drilling in periods subsequent to discovery and (2) discovery of new fields with proved reserves or of new reservoirs of proved reserves in old fields'. Previous 5 Terms: Extended Care Services Extended Forecast Discussion extension forester Extension Service Extensions Next 5 Terms: extensometer external forcing External Quality Review Organization External radiation Externalities About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.