Information Underlying Reserve Reports. The oil and natural gas proved reserve estimates of the Company, JEH LLC and their respective subsidiaries contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus are derived from reports that have been prepared by CGA, and such estimates fairly reflect, in all material respects, the oil and natural gas reserves attributable to the Company, JEH LLC and their respective subsidiaries at the dates indicated therein and are prepared in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved.
Information Underlying Reserve Reports. The oil and natural gas proved reserve estimates of the Company and its subsidiaries contained in the Registration Statement and the Prospectus are derived from reports that have been prepared by Rxxxx Xxxxx, and such estimates fairly reflect, in all material respects, the oil and natural gas proved reserves attributable to the Company and its subsidiaries at the dates indicated therein and are prepared in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved. Nothing has come to the Company’s attention which would cause the Company to revise downward by any material amount the oil and natural gas proved reserve estimates of the Company and its subsidiaries contained in the Registration Statement and the Prospectus.
Information Underlying Reserve Reports. The oil and natural gas proved reserve estimates of the Company and its subsidiaries contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus are derived from reports that have been prepared by Xxxxx Xxxxx, and such estimates fairly reflect, in all material respects, the oil and natural gas reserves attributable to the Company and its subsidiaries at the dates indicated therein and are prepared in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved.
Information Underlying Reserve Reports. The oil and natural gas proved reserve estimates of the Company and its subsidiaries included or incorporated by reference in the Registration Statement, the Pricing Disclosure Package and the Prospectus are derived from reports that have been prepared by Xxxxx Xxxxx, and such estimates fairly reflect, in all material respects, the oil and natural gas reserves attributable to the Company and its subsidiaries at the dates indicated therein and are prepared in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved. Except with respect to the Company’s proved undeveloped reserves as disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, nothing has come to the Company’s attention which would cause the Company to revise downward by any material amount the oil and natural gas proved reserve estimates of the Company and its subsidiaries included or incorporated by reference in the Registration Statement, the Pricing Disclosure Package and the Prospectus.
Information Underlying Reserve Reports. The oil and natural gas proved reserve estimates for the Company and its subsidiaries contained in the Pricing Disclosure Package and the Final Offering Memorandum are derived from reports that have been prepared by Xxxxx Xxxxx, and such estimates fairly reflect, in all material respects, the oil and natural gas proved reserves attributable to the Company and its subsidiaries at the dates indicated therein and are prepared in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved. Except with respect to the Company’s proved undeveloped reserves as disclosed in the Pricing Disclosure Package and the Final Offering Memorandum, nothing has come to the attention of any of the Vital Parties which would cause the Company to revise downward by any material amount the oil and natural gas proved reserve estimates of the Company and its subsidiaries contained in the Pricing Disclosure Package and the Final Offering Memorandum.
Information Underlying Reserve Reports. The oil and natural gas proved reserve estimates of the Company and the Guarantors contained in the Offering Memorandum are derived from reports that have been prepared by Xxxxx Xxxxx, and such estimates fairly reflect, in all material respects, the oil and natural gas reserves attributable to the Company and the Guarantors at the dates indicated therein and are prepared in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved. Other than normal production of the reserves, the impact of changes in prices and costs, and fluctuations in demand for oil and natural gas, and except as disclosed in the Offering Memorandum, neither the Company nor any of the Guarantors is aware of any facts or circumstances that would reasonably be expected in the aggregate to result in a material adverse change in the aggregate net proved reserves, or the aggregate present value or the standardized measure of the future net cash flows therefrom, as described in the Offering Memorandum and as reflected in such reserve reports.
Information Underlying Reserve Reports. (i) The oil and natural gas proved reserve estimates of the Company and its subsidiaries contained in the Pricing Disclosure Package and the Final Offering Memorandum are derived from reports that have been prepared by Rxxxx Xxxxx and (ii) the oil and natural gas proved reserve estimates of Sabalo contained in the Pricing Disclosure Package and the Final Offering Memorandum are derived from reports that have been prepared by Van Gonten, and such estimates fairly reflect, in all material respects, the oil and natural gas proved reserves attributable to the Company and its subsidiaries and Sabalo, respectively, at the dates indicated therein and are prepared in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved. Nothing has come to the attention of any of the Laredo Parties which would cause the Company or Sabalo to revise downward by any material amount the oil and natural gas proved reserve estimates of the Company and its subsidiaries or Sabalo contained in the Pricing Disclosure Package and the Final Offering Memorandum.
Information Underlying Reserve Reports. As of the date of this Agreement, all information and data provided or made available by or on behalf of Sellers, or any of their Affiliates (including the DPI Producers) to Xxxxxxxx, Xxxxxx & Associates, Inc. and to Xxxxxx & Co., Inc. as reservoir engineers engaged to prepare reserve reports for DPI is true, correct and complete in all material respects and does not omit any facts or circumstances that would be material to the review, analysis or conclusions of Xxxxxxxx, Xxxxxx & Associates, Inc. or to Xxxxxx & Co., Inc. All such information was prepared and supplied in accordance with customary industry practices, including, without limitation, historical development and production costs.
Information Underlying Reserve Reports. The factual information underlying the estimates of proved oil and gas reserves of the Parent and the Subsidiaries, which was supplied by the Parent and the Subsidiaries to NSAI for the purposes of auditing such proved oil and natural gas reserves included in the Company Reserve Report, 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 Parent and the Subsidiaries 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 Pricing Disclosure Package and the Final Offering Memorandum and as reflected in the Reserve Reports; estimates of such reserves and present values as described in the Pricing Disclosure Package and the Final Offering Memorandum and reflected in the Reserve Reports comply in all material respects with the applicable requirements of Regulation S-X and Subpart 1200 of Regulation S-K under the Securities Act. The pro forma reserve information included in the Pricing Disclosure Package and the Final Offering Memorandum includes assumptions that provide a reasonable basis for presenting the significant effects directly attributable to the Transactions and events described therein, the related pro forma adjustments give appropriate effect to those assumptions, and the pro forma adjustments reflect the proper application of those adjustments to the historical reserve information of the Company included or incorporated by reference in the Pricing Disclosure Package and the Final Offering Memorandum.
Information Underlying Reserve Reports. The oil and natural gas reserve estimates of the Partnership as of December 31, 2013 included or incorporated by reference in the Registration Statement, the Prospectus or any Permitted Free Writing Prospectus are derived from reports that have been prepared by Netherland, Xxxxxx & Associates, Inc., and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Partnership at the dates indicated therein and are in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved. The oil and natural gas reserve estimates of the Partnership as of December 31, 2012 and 2011 included or incorporated by reference the Registration Statement, the Prospectus or any Permitted Free Writing Prospectus are derived from reports that have been prepared by Xxxxxx & Xxxxx, Ltd., and, to the knowledge of the Partnership, such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Partnership at the dates indicated therein and are in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved.
