Common use of Reserve Report Data Clause in Contracts

Reserve Report Data. The oil and gas reserve estimates of the Company included or incorporated by reference in the Registration Statement, and the Pricing Disclosure Package are derived from reports that have been prepared by either (a) DeGoyler and XxxXxxxxxxx or (b) Xxxxxxxxxx & Co., Inc. as set forth and to the extent indicated therein, and have been prepared in accordance with Commission guidelines in all material respects, and the Company has no reason to believe that such estimates do not fairly reflect, in all material respects, the oil and gas reserves of the Company as of the dates indicated therein. Other than production of the reserves in the ordinary course of business, intervening product price fluctuations, fluctuations in demand for such products, adverse weather conditions, unavailability or increased costs of rigs, services, supplies or personnel, the timing of third party operations and other facts, in each case in the ordinary course of business, and as described in the Registration Statement, the Prospectus and the Pricing 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 Registration Statement, the Prospectus and the Pricing Disclosure Package.

Reserve Report Data. The oil and gas reserve estimates of the Company included or incorporated by reference in the Registration Statement, and the Pricing Disclosure Package are derived from reports that have been prepared by either (ai) DeGoyler and XxxXxxxxxxx or (bii) Xxxxxxxxxx & Co., Inc. as set forth and to the extent indicated therein, and have been prepared in accordance with Commission guidelines in all material respects, and the Company has no reason to believe that such estimates do not fairly reflect, in all material respects, the oil and gas reserves of the Company as of the dates indicated therein. The Company has no reason to believe that the estimates of reserves included or incorporated by reference in the Registration Statement and the Pricing Disclosure Package with respect to the Big Star Assets do not fairly reflect, in all material respects, the oil and gas reserves of the Big Star Assets as of the dates indicated therein. Other than production of the reserves in the ordinary course of business, intervening product price fluctuations, fluctuations in demand for such products, adverse weather conditions, unavailability or increased costs of rigs, services, supplies or personnel, the timing of third party operations and other facts, in each case in the ordinary course of business, and as described in the Registration Statement, the Prospectus and the Pricing 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 Registration Statement, the Prospectus and the Pricing Disclosure Package.

Reserve Report Data. The oil and gas reserve estimates of the Company included or incorporated by reference in the Registration Statement, and the Pricing Disclosure Package are derived from reports that have been prepared by either (ai) DeGoyler and XxxXxxxxxxx or (bii) Xxxxxxxxxx & Co., Inc. as set forth and to the extent indicated therein, and have been prepared in accordance with Commission guidelines in all material respects, and the Company has no reason to believe that such estimates do not fairly reflect, in all material respects, the oil and gas reserves of the Company as of the dates indicated therein. The Company has no reason to believe that the estimates of reserves included or incorporated by reference in the Registration Statement and the Pricing Disclosure Package with respect to the Acquired Assets do not fairly reflect, in all material respects, the oil and gas reserves of the Acquired Assets as of the dates indicated therein. Other than production of the reserves in the ordinary course of business, intervening product price fluctuations, fluctuations in demand for such products, adverse weather conditions, unavailability or increased costs of rigs, services, supplies or personnel, the timing of third party operations and other facts, in each case in the ordinary course of business, and as described in the Registration Statement, the Prospectus and the Pricing 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 Registration Statement, the Prospectus and the Pricing Disclosure Package.