The CEO of Green Oil Company, Dwight Allen, gave a speech at the World Environmental Conference. In his speech, Mr. Allen spoke about Green Oil’s goal of doing no damage to the environment as a result of the company’s operations and gave specific details on how the company was achieving this goal. Mr. Allen stated that no matter where the company operates and regardless of what the legal or contractual requirements, Green Oil will always leave every place it operates “better than they found it.”

REQUIRED: Determine if Mr. Allen’s speech could result in recognition of an ARO.