Common use of Production Report and Lease Operating Statements Clause in Contracts

Production Report and Lease Operating Statements. On or before May 31, 2019, and concurrently with any delivery of financial statements under Section 8.01(a) or Section 8.01(b), commencing with the delivery of financial statements for the fiscal quarter ending June 30, 2019, a summary report setting forth, for each calendar month during the then current fiscal year to the end of such fiscal quarter, the volume of production and sales attributable to production (and the average prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.

Appears in 2 contracts

Samples: Credit Agreement (Fortis Minerals, LLC), Credit Agreement (Fortis Minerals, Inc.)

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Production Report and Lease Operating Statements. On or before May 31, 2019, and concurrently Concurrently with any each delivery of financial statements under Section Sections 8.01(a) or Section and 8.01(b), commencing with the delivery of the financial statements for the fiscal quarter ending June 30March 31, 20192018 pursuant to Section 8.01(b), a summary report setting forth, for each calendar month during the then current fiscal year to the end of such fiscal quarterdate, the volume of production and sales attributable to production (and the average prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance severance, and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and setting forth the drilling and operations for each such calendar month.

Appears in 1 contract

Samples: Master Assignment, Borrowing Base Increase Agreement, and Amendment No. 1 to Sixth Amended and Restated Credit Agreement (Callon Petroleum Co)

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Production Report and Lease Operating Statements. On or before May 31, 2019(i) Beginning on the first Thursday following the Petition Date, and concurrently with any delivery of financial statements under Section 8.01(a) or Section 8.01(b), commencing with the delivery of financial statements for the fiscal quarter ending June 30, 2019, on every Thursday thereafter a summary report setting forth, for each calendar month during the then current fiscal year Fiscal Year to the end of such fiscal quarterdate, the volume of production and sales attributable to production (and the average prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties. (ii) Concurrently with any delivery of financial statements under Section 8.01(a) or Section 8.01(b), and a report setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar monthmonth during the then current Fiscal Year to date.

Appears in 1 contract

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement (Lilis Energy, Inc.)

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