Common use of Reserve Report Data Clause in Contracts

Reserve Report Data. The oil and gas reserve estimates of the Company contained or incorporated by reference into the General Disclosure Package have been prepared by independent reserve engineers or by the Company, as applicable, in accordance with Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company as of the dates indicated. Other than the production of the reserves in the ordinary course of business and intervening product price fluctuations as described in the General Disclosure Package, the Company is not aware of any facts or circumstances that would cause a material adverse effect in the reserves or the present value of future net cash flows therefrom as described in the General Disclosure Package.

Reserve Report Data. The oil and gas reserve estimates of the Company and any of its subsidiaries as of December 31, 2011 contained or incorporated by reference into in the General Disclosure Package Registration Statement, the Time of Sale Information and the Prospectus have been based in part on reports prepared by independent reserve engineers or by the Company, as applicable, in accordance with the Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company as of the dates indicated. Other than the production of the reserves in the ordinary course of business and intervening product price fluctuations or as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information and the Prospectus, the Company is not aware of any facts or circumstances that that, taken together, would cause reasonably be expected to have a material adverse effect in on the reserves or the present value of the future net cash flows therefrom as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information or the Prospectus.

Reserve Report Data. The oil and gas reserve estimates of the Company and any of its subsidiaries as of December 31, 2006 contained or incorporated by reference into in the General Disclosure Package Registration Statement, the Time of Sale Information and the Prospectus have been based in part on reports prepared by independent reserve engineers or by the Company, as applicable, in accordance with the Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company as of the dates indicated. Other than the production of the reserves in the ordinary course of business and intervening product price fluctuations or as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information and the Prospectus, the Company is not aware of any facts or circumstances that that, taken together, would cause reasonably be expected to have a material adverse effect in on the reserves or the present value of the future net cash flows therefrom as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information or the Prospectus.

Reserve Report Data. The oil and gas reserve estimates of the Company and any of its subsidiaries as of December 31, 2008 contained or incorporated by reference into in the General Disclosure Package Registration Statement, the Time of Sale Information and the Prospectus have been based in part on reports prepared by independent reserve engineers or by the Company, as applicable, in accordance with the Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company as of the dates indicated. Other than the production of the reserves in the ordinary course of business and intervening product price fluctuations or as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information and the Prospectus, the Company is not aware of any facts or circumstances that that, taken together, would cause reasonably be expected to have a material adverse effect in on the reserves or the present value of the future net cash flows therefrom as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information or the Prospectus.

Reserve Report Data. The oil and gas reserve estimates of the Company contained or incorporated by reference into the General Disclosure Package have been prepared by independent reserve engineers or by the Company, as applicable, in accordance with Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company as of the dates indicated. Other than the production of the reserves in the ordinary course of business and intervening product price fluctuations as described in the General Disclosure Package, the Company is not aware of any facts or circumstances that would cause a material adverse effect in the reserves or the present value of future net cash flows therefrom as described in the General Disclosure Package.

Reserve Report Data. The oil and gas reserve estimates of the Company and any of its subsidiaries as of December 31, 2010 contained or incorporated by reference into in the General Disclosure Package Registration Statement, the Time of Sale Information and the Prospectus have been based in part on reports prepared by independent reserve engineers or by the Company, as applicable, in accordance with the Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company as of the dates indicated. Other than the production of the reserves in the ordinary course of business and intervening product price fluctuations or as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information and the Prospectus, the Company is not aware of any facts or circumstances that that, taken together, would cause reasonably be expected to have a material adverse effect in on the reserves or the present value of the future net cash flows therefrom as described in the General Disclosure PackageRegistration Statement, the Time of Sale Information or the Prospectus.