Requirement for Independent Petroleum Consultant. The amount of the presentment price attributable to Partnership reserves shall be determined based on the last reserve report of the Partnership prepared by the Managing General Partner and reviewed by an Independent Expert. The Managing General Partner shall estimate the present worth of future net revenues attributable to the Partnership’s interest in the Proved Reserves as described in §4.03(b)(3)(ii). The calculation of the presentment price shall be made as set forth in §6.03(c).
Appears in 5 contracts
Samples: Certificate and Agreement (DGOC Series 18B LP), Certificate and Agreement (DGOC Series 18C LP), Certificate and Agreement (Atlas Resources Public #17-2008 (B) L.P.)
Requirement for Independent Petroleum Consultant. The amount of the presentment price attributable to Partnership reserves shall be determined based on the last reserve report of the Partnership prepared by the Managing General Partner and reviewed by an Independent Expert. The Managing General Partner shall estimate the present worth of future net revenues attributable to the Partnership’s 's interest in the Proved Reserves as described in §4.03(b)(3)(ii)Reserves. The calculation of In making this estimate, the presentment price Managing General Partner shall be made as set forth in §6.03(c).use the following terms:
Appears in 4 contracts
Samples: Certificate and Agreement (Atlas America Public #14-2004 L.P.), Escrow Agreement (Atlas America Public 11-2002 LTD), Certificate and Agreement (Atlas America Public #15-2005 Program)
Requirement for Independent Petroleum Consultant. The amount of the presentment price attributable to Partnership reserves shall be determined based on the last reserve report of the Partnership prepared by the Managing General Partner and reviewed by an Independent Expert. The Managing General Partner shall estimate the present worth of future net revenues attributable to the Partnership’s interest in the Proved Reserves as described in §4.03(b)(3)(ii). The calculation of the presentment price shall be made as set forth in §6.03(c).
Appears in 2 contracts
Samples: Certificate and Agreement (Atlas America Public #15-2005 (B) L.P.), Certificate and Agreement (Atlas America Public #15-2005 Program)
Requirement for Independent Petroleum Consultant. The amount of the presentment price attributable to Partnership reserves shall be determined based on the last reserve report of the Partnership prepared by the Managing General Partner and reviewed by an Independent Expert. The Managing General Partner shall estimate the present worth of future net revenues attributable to the Partnership’s interest in the Proved Reserves as described in §4.03(b)(3)(ii)Reserves. The calculation of In making this estimate, the presentment price Managing General Partner shall be made as set forth in §6.03(c).use the following terms:
Appears in 1 contract
Samples: Certificate and Agreement (Atlas America Public #14-2005 (A) LP)