Reserve Information. The written engineering report prepared by Xxxxx Xxxxx Company, L.P. (the “Independent Petroleum Engineer”), as of December 31, 2014, setting forth the engineering values attributed to the oil and gas properties of the Company and the Subsidiaries accurately reflects in all material respects the ownership interests of the Company and the Subsidiaries in the properties therein as of December 31, 2014, except as otherwise disclosed in the Registration Statement, the Prospectus and the Disclosure Package. The information furnished by the Company to the Independent Petroleum Engineer for purposes of preparing its report, including, without limitation, production, costs of operation and development, current prices for production, agreements relating to current and future operations and sales of production, was true, correct and complete in all material respects on the date supplied and was prepared in accordance with customary industry practices; the Independent Petroleum Engineer who prepared estimates of the extent and value of proved oil and natural gas reserves, is independent with respect to the Company.
Reserve Information. The oil and natural gas reserve estimates of the Partnership as of March 31, 2011 and December 31, 2010 contained in the Initial Registration Statement, the General Disclosure Package and the Prospectus are derived from reports that have been prepared by Xxxxxx and Xxxxx and NSAI, and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Partnership Properties at the dates indicted therein and are in accordance, in all material respects, with Commission guidelines applied on a consistent basis throughout the periods involved.
Reserve Information. During the Pre-Closing Period, the Debtors shall promptly deliver, and in no event more than five (5) Business Days following completion and/or circulation thereof, to the counsel and financial advisors to Commitment Parties, true, correct and complete copies of all updated information concerning the Debtors’ xxxxx and oil and gas property prepared by the Debtors for their internal purposes, external uses or otherwise.
Reserve Information. The reserve information contained in Randgold’s annual report on Form 20-F for the year ended December 31, 2008 is in accordance with the SEC’s Industry Guide 7. None of the mineral deposits that are material to Randgold and its subsidiaries taken as a whole are, to the knowledge of Randgold, subject to illegal occupation. There has been no material reduction in the aggregate amount of estimated mineral reserves of Randgold and its subsidiaries, taken as a whole, from the amounts disclosed in Randgold’s Public Disclosure Record, subject to depletion in the ordinary course of business.
Reserve Information. The oil and natural gas reserve estimates of the Partnership and its subsidiaries as of the most recent date, contained or incorporated by reference in the Registration Statement and the Prospectus are derived from reports that have been prepared by RSC, in accordance with customary industry practices, and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Partnership and its subsidiaries at the dates indicated therein and are in accordance, in all material respects, with Commission guidelines, including the applicable requirements of Regulation S-X and Industry Guide 2 under the Securities Act, applied on a consistent basis throughout the periods involved.
Reserve Information. The information set forth in the Canadian Preliminary Prospectus, the U.S. Preliminary Prospectus and the Pricing Disclosure Package and as will be set out in the Canadian Prospectus and the U.S. Prospectus relating to the estimates by the Company of the proven and probable ore reserves and mineral resources has been reviewed and verified by the Company and, in all cases, the ore reserve information has been prepared in accordance with Canadian industry standards set forth in National Instrument 43-101 — Standards of Disclosure for Mineral Projects and Industry Guide 7 under the 1933 Act, to the extent that it is applicable to the Company as a result of its status as a Canadian corporation, and the method of estimating the ore reserves has been verified by mining experience and the information upon which the estimates of reserves were based, was, at the time of delivery thereof, complete and accurate in all material respects and there have been no material changes to such information since the date of delivery or preparation thereof.
Reserve Information. The information which was supplied by the Corporation to Rydxx Xxxxx Xxmpany Petroleum Consultants (the "Reserve Engineer"), being independent petroleum engineers, for purposes of evaluating the oil and gas reserves of the Corporation and the Subsidiaries as of December 31, 2000, including, without limitation, production, 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, as indicated in the letter of the Reserve Engineer dated February 21, 2001 (the "Reserve Letter"). The Reserve Engineer was, as of the date of the Reserve Letter and is, as of the date hereof, independent with respect to the Corporation and the Subsidiaries. Other than normal production of the reserves and product price fluctuations and except as set forth in Schedule "3.25" attached hereto as a part hereof, the Corporation is not aware of any facts or circumstances that SEVEN SEAS PETROLEUM, INC. NOTE PURCHASE AND LOAN AGREEMENT -11- 17 would result in a material adverse change in the reserves, or the present value of future net cash flows therefrom, as reflected in the Reserve Letter and the reserve reports referenced therein. Estimates of such reserves and present values as described in the Reserve Letter and the reserve reports referenced therein comply in all material respects to the applicable requirements of Regulation S-X and Industry Guide 2 under the Securities Act.
Reserve Information. The coal reserve information furnished by it to the Company (in the case of ACI) and ACI (in the case of the Company), has been prepared in accordance with prudent and accepted engineering practices and it is not aware of any inaccuracies in such information as would constitute a Material Adverse Effect.
Reserve Information. The historical information underlying the estimates of the reserves of the Company supplied by the Company to Xxxxxx & Company, Inc., independent petroleum engineers (the "Petroleum Engineers"), for the purposes of preparing the reserve reports of the Company referenced and included in the Prospectus (the "Reserve Reports"), including, without limitation, production volumes, sales prices for production, contractual pricing provisions under oil or gas sales or marketing contracts or under hedging arrangements, costs of operations and development, and working interest and net revenue information relating to the Company's ownership interests in properties, was true and correct in all material respects on the date of such Reserve Reports; the estimates of future capital expenditures and other future exploration and development costs supplied to the Petroleum Engineers were prepared in good faith and with a reasonable basis; the information provided by the Petroleum Engineers for purposes of preparing the Reserve Reports was prepared in accordance with customary industry practices; to the best of the Company's knowledge, the Petroleum Engineers were, as of the date of the Reserve Reports prepared by them, and are, as of the date hereof, independent petroleum engineers with respect to the Company; other than normal production of reserves and intervening spot market product price fluctuations, and except as disclosed in the Registration Statement and the Prospectus, the Company is not aware of any facts or circumstances that would result in a materially adverse change in the reserves in the aggregate, or the aggregate present value of future net cash flows therefrom, as described in the Prospectus and as reflected in the Reserve Reports; estimates of such reserves and the present value of the future net cash flows therefrom as described in the Prospectus and reflected in the Reserve Reports comply in all material respects to the applicable requirements of the Rules and Regulations.
Reserve Information. From time to time hereafter, Company may request information from Supplier regarding Supplier’s geological and reserve information pertaining to the Dedicated Wxxxx and any wxxxx situated on the Dedicated Acreage or on lands pooled, unitized or communitized therewith. Such information may be required by Company to evaluate the amount of Gas that Supplier is capable of delivering in connection with modifications to Company’s Processing facilities and for other business purposes. Supplier will, in a timely manner provide such information as requested by Company, including reasonable access to Supplier’s employed or contracted geological and engineering personnel. With respect to any information supplied to Company, Supplier makes no warranties, express or implied, as to the accuracy or reliability of such information. Company agrees to maintain the confidentiality of the information supplied to Company by or on behalf of Supplier as provided herein.
