Common use of Information Underlying Reserve Report Clause in Contracts

Information Underlying Reserve Report. The information underlying the estimates of reserves of the Partnership Entities, which was supplied by the Partnership Entities to Cxxxxx, Gxxxxxxxx & Associates, Inc., for purposes of preparing the reserve reports, the estimates of net proved reserves and pre-tax present value, discounted at 10%, attributable thereto, and the letters (the “Reserve Report Letters”) of Cxxxxx, Gxxxxxxxx & Associates, Inc., including, without limitation, production volumes, costs of operation and development, current prices for production, agreements relating to current and future operations and sales of production, was true and correct in all material respects on the dates such estimates were made and such information was supplied and was prepared in accordance with customary industry practices; other than normal production of the reserves and intervening market commodity price fluctuations, the Partnership Entities are not aware of any facts or circumstances that would result in a material adverse change in the reserves, or the present value of future net cash flows therefrom, as described in the Registration Statement, Disclosure Package and the Final Prospectus and as reflected in the Reserve Report Letters; estimates of such reserves and present values as described in the Registration Statement, Disclosure Package and the Final Prospectus and reflected in the Reserve Report Letters comply in all material respects with the applicable requirements of Regulation S-X and Industry Guide 2 under the 1933 Act.

Information Underlying Reserve Report. The factual information underlying the estimates of pro forma reserves of the Partnership Entities, which was supplied by the Partnership Entities to CxxxxxXxxxxx, Gxxxxxxxx Xxxxxxxxx & Associates, Inc., for Inc. For purposes of preparing the reserve reports, the estimates of pro forma net proved reserves and pre-tax present value, discounted at 10%, standardized measure attributable thereto, and the letters letter (the “"Reserve Report Letters”Letter") of CxxxxxXxxxxx, Gxxxxxxxx Xxxxxxxxx & Associates, Inc.Inc. included as an annex to the Prospectus, including, without limitation, production volumes, costs of operation and development, current prices for production, agreements relating to current and future operations and sales of production, was true and correct in all material respects on the dates such estimates were made and such information was supplied and was prepared in accordance with customary industry practices; other than normal production of the reserves and intervening market commodity price fluctuations, the Partnership Entities are not aware of any facts or circumstances that would result in a material adverse change in the reserves, or the present value of future net cash flows therefrom, as described in the Registration Statement, Disclosure Package and the Final Prospectus and as reflected in the Reserve Report LettersLetter; estimates of such reserves and present values as described in the Registration Statement, Disclosure Package and the Final Pricing Prospectus and reflected in the Reserve Report Letters Letter comply in all material respects with the applicable requirements of Regulation S-X and Industry Guide 2 under the 1933 Securities Act.

Information Underlying Reserve Report. The factual information underlying the estimates of pro forma reserves of the Partnership Entities, which was supplied by the Partnership Entities to Cxxxxx, Gxxxxxxxx & Associates, Inc., for Inc. For purposes of preparing the reserve reports, the estimates of pro forma net proved reserves and pre-tax present value, discounted at 10%, standardized measure attributable thereto, and the letters letter (the “Reserve Report LettersLetter”) of Cxxxxx, Gxxxxxxxx & Associates, Inc.Inc. included as an annex to the Prospectus, including, without limitation, production volumes, costs of operation and development, current prices for production, agreements relating to current and future operations and sales of production, was true and correct in all material respects on the dates such estimates were made and such information was supplied and was prepared in accordance with customary industry practices; other than normal production of the reserves and intervening market commodity price fluctuations, the Partnership Entities are not aware of any facts or circumstances that would result in a material adverse change in the reserves, or the present value of future net cash flows therefrom, as described in the Registration Statement, Disclosure Package and the Final Prospectus and as reflected in the Reserve Report LettersLetter; estimates of such reserves and present values as described in the Registration Statement, Disclosure Package and the Final Pricing Prospectus and reflected in the Reserve Report Letters Letter comply in all material respects with the applicable requirements of Regulation S-X and Industry Guide 2 under the 1933 Securities Act.

Information Underlying Reserve Report. The information underlying the estimates of reserves of the Partnership Entities, which was supplied by the Partnership Entities to Cxxxxx, Gxxxxxxxx & Associates, Inc., for purposes of preparing the reserve reports, the estimates of net proved reserves and pre-tax present value, discounted at 10%, attributable thereto, and the letters (the “Reserve Report Letters”) of Cxxxxx, Gxxxxxxxx & Associates, Inc., including, without limitation, production volumes, costs of operation and development, current prices for production, agreements relating to current and future operations and sales of production, was true and correct in all material respects on the dates such estimates were made and such information was supplied and was prepared in accordance with customary industry practices; other than normal production of the reserves and intervening market commodity price fluctuations, the Partnership Entities are not aware of any facts or circumstances that would result in a material adverse change in the reserves, or the present value of future net cash flows therefrom, as described in the Registration Statement, Disclosure Package and the Final Prospectus and as reflected in the Reserve Report Letters; estimates of such reserves and present values as described in the Registration Statement, Disclosure Package and the Final Prospectus and reflected in the Reserve Report Letters comply in all material respects with the applicable requirements of Regulation S-X and Industry Guide 2 Subpart 1200 of Regulation S-K under the 1933 Act.

Information Underlying Reserve Report. The information underlying the estimates of the Corporation’s proved reserves of the Partnership Entities, which that was supplied by to Xxxxx Xxxxx for the Partnership Entities to Cxxxxx, Gxxxxxxxx & Associates, Inc., for purposes of preparing the reserve reports, the Reserve Report and estimates of net the proved reserves and pre-tax present value, discounted at 10%, attributable thereto, of the Corporation disclosed in the Registration Statement and the letters (the “Reserve Report Letters”) of CxxxxxProspectus, Gxxxxxxxx & Associates, Inc., including, without limitation, production volumesincluding production, costs of operation and developmentand, current prices for productionto the knowledge of the Corporation, agreements relating to current and future operations and sales of production, was true and correct in all material respects on the dates such estimates were made information was provided, and such information was supplied and was prepared in accordance with customary industry practices; other and the estimates of such reserves and standardized measure thereof as described in the Registration Statement and the Prospectus and future net cash flow reflected in the Reserve Report referenced therein have been prepared in a manner that complies with the applicable requirements of the Rules and Regulations. Other than normal production of the reserves reserves, product price fluctuations and intervening market commodity price fluctuationsfluctuations of demand for such products, and except as disclosed in the Registration Statement and the Prospectus, the Partnership Entities are Corporation is not aware of any facts or circumstances that would result in a material materially adverse change in the reservesreserves in the aggregate, or the aggregate present value of the future net cash flows therefrom, therefrom as described in the Registration Statement, Disclosure Package Statement and the Final Prospectus and as reflected in the Reserve Report Letters; estimates of such reserves and present values as described in the Registration Statement, Disclosure Package and the Final Prospectus and reflected in the Reserve Report Letters comply in all material respects with the applicable requirements of Regulation S-X and Industry Guide 2 under the 1933 ActReport.

Information Underlying Reserve Report. The information underlying the estimates of the Partnership’s proved reserves that was supplied to Xxxxxx & Xxxxx, Ltd. for the purposes of auditing the estimates of the proved reserves of the Partnership Entities, which was supplied by Properties disclosed in the Partnership Entities to Cxxxxx, Gxxxxxxxx & Associates, Inc., for purposes of preparing the reserve reportsRegistration Statement, the estimates of net proved reserves and pre-tax present value, discounted at 10%, attributable thereto, General Disclosure Package and the letters (the “Reserve Report Letters”) of Cxxxxx, Gxxxxxxxx & Associates, Inc.Prospectus, including, without limitation, production volumesproduction, costs of operation and developmentoperation, current prices for productionand, agreements relating to current and the QR Parties’ knowledge, future operations and sales of production, was true and correct in all material respects on the dates such estimates were made made, and such information was supplied and was prepared in accordance with customary industry practices; other and the estimates of such reserves and standardized measure thereof as described in the Registration Statement, the General Disclosure Package and the Prospectus and future net cash flows reflected in the reserve reports referenced therein have been prepared in a manner that complies with the applicable requirements of the 1933 Act and the 1933 Act Regulations. Other than normal production of the reserves and intervening market commodity reserves, product price fluctuations, and fluctuations of demand for such products, and except as disclosed in the Partnership Entities Registration Statement, the General Disclosure Package and the Prospectus, the QR Parties are not aware of any facts or circumstances that would result in a material materially adverse change in the reservesestimates of reserves in the aggregate, or the aggregate present value of the future net cash flows therefrom, as described in the Registration Statement, the General Disclosure Package and the Final Prospectus and as reflected in the Reserve Report Letters; estimates of such reserves and present values as described in the Registration Statement, Disclosure Package and the Final Prospectus and reflected in the Reserve Report Letters comply in all material respects with the applicable requirements of Regulation S-X and Industry Guide 2 under the 1933 ActProspectus.

Information Underlying Reserve Report. The information underlying the estimates of the Company’s proved reserves of the Partnership Entities, which that was supplied by to Rydex Xxxxx xxx the Partnership Entities to Cxxxxx, Gxxxxxxxx & Associates, Inc., for purposes of preparing the reserve reportsReserve Report and estimates of the proved reserves of the Company disclosed in the Registration Statement, the estimates of net proved reserves and pre-tax present valueProspectus or any Permitted Free Writing Prospectus, discounted at 10%, attributable thereto, and the letters (the “Reserve Report Letters”) of Cxxxxx, Gxxxxxxxx & Associates, Inc., including, without limitation, production volumesincluding production, costs of operation and developmentand, current prices for productionto the knowledge of the Company, agreements relating to current and future operations and sales of production, was true and correct in all material respects on the dates such estimates were made information was provided, and such information was supplied and was prepared in accordance with customary industry practices; other , and the estimates of such reserves and standardized measure thereof as described in the Registration Statement, the Prospectus or any Permitted Free Writing Prospectus and future net cash flow reflected in the Reserve Report referenced therein have been prepared in a manner that complies with the applicable requirements of the Act. Other than normal production of the reserves reserves, product price fluctuations and intervening market commodity price fluctuationsfluctuations of demand for such products, and except as disclosed in the Registration Statement, the Partnership Entities are Prospectus or any Permitted Free Writing Prospectus, the Company is not aware of any facts or circumstances that would result in a material materially adverse change in the reservesreserves in the aggregate, or the aggregate present value of the future net cash flows therefrom, therefrom as described in the Registration Statement, Disclosure Package and the Final Prospectus or any Permitted Free Writing Prospectus and as reflected in the Reserve Report Letters; estimates of such reserves and present values as described in the Registration Statement, Disclosure Package and the Final Prospectus and reflected in the Reserve Report Letters comply in all material respects with the applicable requirements of Regulation S-X and Industry Guide 2 under the 1933 ActReport.