Common use of Reserve Reports Clause in Contracts

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 1, 2013, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30th. The Reserve Report as of December 31 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 20132022, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the proved Oil and Gas Properties of the Borrower and its Subsidiaries Loan Parties as of the immediately preceding December 31st January 1st and June 30thJuly 1st, respectively. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by one or more Approved Petroleum Engineers or by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and in all material respects and, except as otherwise specified therein, to have been prepared in all material respects in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March October 1, 20132010, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the oil and gas reserves attributable to the Oil and Gas Properties of the Borrower and its Restricted Subsidiaries as of the immediately preceding December 31st 31 and June 30th30, respectively. The Reserve Report as of December 31 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March April 1, 20132020, the Borrower shall furnish to the Administrative Agent and the Revolving Credit Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries the other Credit Parties as of the immediately preceding December 31st and 31 or June 30th30, respectively. The Reserve Report as of December 31 of each year shall be prepared or audited by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects (with appropriate exceptions for projections and cost estimates) and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March April 1, 20132009, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief reserve engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.January 1

Reserve Reports. (a) On or before March February 1st and September August 1st of each year, commencing March February 1, 20132012, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries with an “as of of” date acceptable to the immediately preceding December 31st and June 30thAdministrative Agent. The Reserve Report as of December 31 to be delivered by February 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered by August 1 of each year shall be prepared by or under the supervision of the chief engineer or chief operating officer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st and September August 1st of each year, commencing March 1, 2013, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30th, respectively. The Reserve Report as of December 31 March 1st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 each other Reserve Report of each year delivered hereunder, shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 March 1st Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 1, 2013, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries the other Loan Parties as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1st delivered on or before March 1st of each year (the “January 1 Reserve Report”) shall be prepared by one or more Approved Petroleum Engineers, and the June 30 each other Reserve Report of each year shall may be prepared by one or more Approved Petroleum Engineers or internally under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 20132014, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its the Restricted Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March October 1, 20132017, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st, respectively. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve ReportReport prepared by an Approved Petroleum Engineer.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March 1, 2013, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30th, as applicable. The Reserve Report as of December 31 31st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 30th Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 31st Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 20132014, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and 31 or June 30th30, as applicable. The Reserve Report as of December 31 of each year shall be prepared by one or more Approved Petroleum Engineers, independent petroleum engineers reasonably acceptable to the Administrative Agent and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer “Manager of Acquisitions and Planning” (or similarly titled position) of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st February 28th and September 1st August 31st of each year, commencing March 1August 31, 20132014, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries with an “as of of” date acceptable to the immediately preceding December 31st and June 30thAdministrative Agent. The Reserve Report as of December 31 to be delivered by February 28th of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered by August 31st of each year shall be prepared by or under the supervision of the chief engineer or chief operating officer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March April 1, 20132010, the Borrower shall furnish to the Administrative Agent and (for distribution to the Lenders Lenders) a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries the Guarantors as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 to be delivered on or before April 1st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered on or before October 1st of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 April 1 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 20132010, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30th. The Reserve Report as of December 31 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower or a consulting reserve engineer who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On Commencing on November 1, 2008 and on or before March 1st each April 1 and September 1st October 1 of each year, commencing March 1, 2013year thereafter, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief reserve engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 20132018, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its the Restricted Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March October 1, 20132017, the Borrower shall furnish to the Administrative Agent and the Revolving Credit Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries the other Credit Parties as of the immediately preceding December 31st and 31 or June 30th30, respectively. The Reserve Report as of December 31 of each year shall be prepared or audited by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects (with appropriate exceptions for projections and cost estimates) and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 2013, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st, respectively. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st 1, May 15, and September 1st 1 and November 15 of each year, commencing March September 1, 20132018, the Borrower Company shall furnish to the Administrative Agent Trustee and the Lenders any requesting Holders a Reserve Report evaluating the Oil and Gas Properties of the Borrower Company and its Subsidiaries as of the immediately preceding December 31st 31, March 31, and June 30th30 and September 30, respectively. The Reserve Report as of December 31 of each year shall be prepared or audited by one or more Approved Petroleum Engineers, and the June 30 other Reserve Report Reports of each year shall be prepared by or under the supervision of the chief engineer of the Borrower Company who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st 1st, June 1st, September 1st, and September December 1st of each year, commencing March June 1, 20132017, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st 31st, March 31st, June 30th and June 30thSeptember 30th respectively. The Reserve Report as of December 31 31st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 other Reserve Report Reports of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 31st Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March April 1, 20132020, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30th, as applicable. The Reserve Report as of December 31 31st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 30th Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 31st Reserve Report.

Reserve Reports. (a) On or before March 1st 1 and September 1st 1 of each year, commencing March 1, 20132015, the Borrower shall furnish to the Administrative Agent and (for distribution to the Lenders Lenders) a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries Credit Parties as of the immediately preceding January 1 (or December 31st and 31) or July 1 (or June 30th30), as applicable, of such year. The Reserve Report as of December 31 to be delivered on or before March 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered on or before September 1 of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March October 1, 20132009, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Domestic Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st located within the geographic boundaries of the United States of America (or the Outer Continental Shelf adjacent to the United States of America). The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent Guarantor or the Borrower who shall certify such Reserve Report to be true and accurate and in all material respects and, except as otherwise specified therein, to have been prepared in all material respects in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March April 1, 20132014, the Borrower shall furnish to the Administrative Agent and the Revolving Credit Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1 or July 1, respectively; and June 30th. The the Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st, June 1st. September 1st and September December 1st of each year, commencing March June 1, 20132017, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st 31st, March 31st, June 30th and June 30thSeptember 30th respectively. The Reserve Report as of December 31 31st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 other Reserve Report Reports of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 31st Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 11st, 20132006, the Borrower shall furnish to the Administrative Agent and the Lenders (unless already furnished to the Lenders pursuant to the requirements of the Senior Credit Agreement) a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30thJanuary 1 or July 1, as applicable. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, petroleum engineers reasonably acceptable to the Administrative Agent and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 1, 20132022, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the proved Oil and Gas Properties of the Borrower and its Subsidiaries Loan Parties as of the immediately preceding December 31st January 1st and June 30thJuly 1st, respectively. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by one or more Approved Petroleum Engineers or by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and in all material respects and, except as otherwise specified therein, to have been prepared in all material respects in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st, May 15th, September 1st and September 1st November 15th of each year, commencing March 1, 20132018, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st 31st, March 31st, June 30th and June 30thSeptember 30th respectively. The Reserve Report Reports as of June 30th and December 31 31st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 other Reserve Report Reports of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding June 30th or December 31 31st Reserve Report, as applicable.

Reserve Reports. (a) On or before March 1st 3rd and September 1st 3rd of each year, commencing March 13, 20132008, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30thJanuary 1 or July 1, as applicable. The Reserve Report as of December 31 January 1 of each year shall be prepared by Netherland, Xxxxxx & Associates, Inc. of Houston, Texas or one or more Approved other independent third party Petroleum Engineers, Engineers reasonably acceptable to Agent and the June 30 Reserve Report as of July 1 of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st February 15th and September 1st August 15th of each year, commencing March 1August 15, 20132016, the Borrower Parent Guarantor shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared in form and substance and shall use forecasts and assumptions satisfactory to the Administrative Agent and be by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March 1, 2013, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the oil and gas reserves attributable to the Oil and Gas Properties of the Borrower Credit Parties and its their Restricted Subsidiaries as of the immediately preceding December 31st 31 and June 30th30, respectively. The Reserve Report as of December 31 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 20132022, the Borrower Issuer shall furnish to the Administrative Agent and the Lenders Holders a Reserve Report evaluating the proved Oil and Gas Properties of the Borrower and its Subsidiaries Note Parties as of the immediately preceding December 31st January 1st and June 30thJuly 1st, respectively. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by one or more Approved Petroleum Engineers or by or under the supervision of the chief engineer of the Borrower Issuer who shall certify such Reserve Report to be true and accurate and in all material respects and, except as otherwise specified therein, to have been prepared in all material respects in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st January 15 and September 1st July 15 of each year, commencing March 1January 15, 20132014, the Borrower shall furnish to the Administrative Agent and (for distribution to the Lenders Lenders) a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries Credit Parties as of the immediately preceding December 31st and June 30thJanuary 1 or July 1, as applicable, of such year. The Reserve Report as of December 31 to be delivered on or before January 15 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered on or before July 15 of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1st Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March October 1, 20132006, the Borrower shall furnish to the Administrative Agent and Agent, with a copy to each of the Lenders Lenders, a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30thReport(s). The Reserve Report as of December 31 Report(s) due on or before April 1st of each year shall be as of January 1 of such year and shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report due on or before October 1st of each year shall be as of July 1 of such year and shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be has been prepared on the basis of true and accurate information and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Reportgood faith estimates of recoverable quantities of Hydrocarbons.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March April 1, 20132018, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30th, as applicable. The Reserve Report as of December 31 31st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 30th Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 31st Reserve Report.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March April 1, 20132015, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st February 1 and June 30thAugust 1. The Reserve Report as of December 31 August 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 February 1 Reserve Report of each year shall be prepared prepared, in a form reasonably acceptable to the Administrative Agent, by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 August 1 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 1, 20132022, the Borrower shall furnish to the Administrative Agent, the Collateral Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and 31 or June 30th30, as applicable. The Reserve Report as of December 31 of each year shall be prepared by or under the supervision of the chief enigeneer of the Borrower and audited by one or more Approved Petroleum Engineers, Engineers and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared prepared, except as otherwise specified therein, in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March September 1, 20132015, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st, respectively. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve ReportReport prepared by an Approved Petroleum Engineer.

Reserve Reports. (a) On or before March 1st 3rd and September 1st 3rd of each year, commencing March 13, 20132009, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30thJanuary 1 or July 1, as applicable. The Reserve Report as of December 31 January 1 of each year shall be prepared by Netherland, Xxxxxx & Associates, Inc. of Houston, Texas or one or more Approved other independent third party Petroleum Engineers, Engineers reasonably acceptable to Agent and the June 30 Reserve Report as of July 1 of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report. Notwithstanding the foregoing, the Reserve Report for January 1, 2009 shall be prepared and delivered solely to the extent requested by Agent.

Reserve Reports. (a) On or before March 1st 30th and September 1st 30th of each year, commencing March 1September 30, 20132007, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineerspetroleum engineers acceptable to the Administrative Agent, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March on September 1, 20132018, the Borrower shall furnish to the First Lien Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties Proved Reserves of the Borrower and its the Restricted Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Reserve Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March April 1, 20132023, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the proved Oil and Gas Properties of the Borrower and its Subsidiaries Loan Parties as of the immediately preceding December 31st January 1st and June 30thJuly 1st, respectively. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by one or more Approved Petroleum Engineers or by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and in all material respects and, except as otherwise specified therein, to have been prepared in all material respects in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March October 1, 20132019, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st January 1 (with respect to the Reserve Report due April 1) and June 30thJuly 1 (with respect to the Reserve Report due October 1). The Reserve Report as of December 31 due April 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report due October 1 of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve ReportReport most recently prepared by the Approved Petroleum Engineers.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March April 1, 20132023, the Borrower shall furnish to the Administrative Agent and the Revolving Credit Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries the other Credit Parties as of the immediately preceding December 31st and 31 or June 30th30, respectively. The Reserve Report as of December 31 of each year shall be prepared or audited by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects (with appropriate exceptions for projections and cost estimates) and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before Before March 1st and September 1st of each year, commencing March 1, 2013, the Borrower Borrowers shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower Borrowers and its their Subsidiaries as of the immediately preceding December 31st and June 30th, as applicable. The Reserve Report as of December 31 to be delivered on or before March 1st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered on or before September 1st of each year shall be prepared by or under the supervision of the chief engineer of the Borrowers. In each case, the chief engineer of each Co-Borrower who shall certify such Reserve Report is to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March April 1, 20132020, the Borrower shall furnish to the Administrative Agent and the Revolving Credit Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries the other Credit Parties as of the immediately preceding December 31st and 31 or June 30th30, respectively. The Reserve Report as of December 31 of each year shall be prepared or audited by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects (with appropriate exceptions for projections and cost estimates) and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.. 105

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 1, 20132017 (except that the report due March 1, 2017 may be delivered on or before May 1, 2017), the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries Obligors as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1 Reserve Report.

Reserve Reports. (a) On or before March 1st April 1 and September 1st October 1 of each year, commencing March April 1, 20132020, the Borrower shall furnish to the Administrative Agent and the Revolving Credit Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries the other Credit Parties as of the immediately preceding December 31st and 31 or June 30th30, respectively. The Reserve Report as of December 31 of each year shall be prepared or audited by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects (with appropriate exceptions for projections and cost estimates) and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.. 106

Reserve Reports. (a) On or before March July 1st and September January 1st of each year, commencing March July 1, 20132014, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st May 1st and June 30thNovember 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared either (i) by one or more Approved Petroleum Engineers or (ii) by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.January 1

Reserve Reports. (a) On a)On or before March 1st 1 and September 1st 1 of each year, commencing March 1, 20132015, the Borrower shall furnish to the Administrative Agent and (for distribution to the Lenders Lenders) a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries Credit Parties as of the immediately preceding January 1 (or December 31st and 31) or July 1 (or June 30th30), as applicable, of such year. The Reserve Report as of December 31 to be delivered on or before March 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered on or before September 1 of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding January 1 (or December 31 31) Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 1, 20132023, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries Credit Parties that are Qualified ECP Guarantors as of the immediately preceding December 31st and June 30th. The Reserve Report as of December 31 31st of each year shall be audited or prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.

Reserve Reports. (a) On or before March 1st 1 and September 1st 1 of each year, commencing March 1, 20132015, the Borrower shall furnish to the Administrative Agent and (for distribution to the Lenders Lenders) a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries Credit Parties as of the immediately preceding January 1 (or December 31st and 31) or July 1 (or June 30th30), as applicable, of such year. The Reserve Report as of December 31 to be delivered on or before March 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 Reserve Report to be delivered on or before September 1 of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding January 1 (or December 31 31) Reserve Report.

Reserve Reports. (a) On or before March 1st and September 1st of each year, commencing March 1, 20132009, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its the Borrower’s Subsidiaries as of the immediately preceding December 31st January 1st and June 30thJuly 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 July 1st Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate and to have been prepared in accordance with the procedures used in the immediately preceding December 31 January 1st Reserve Report.

Reserve Reports. (a) On or before March April 1st and September October 1st of each year, commencing March April 1, 20132019, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st and June 30th, as applicable. The Reserve Report as of December 31 31st of each year shall be prepared by one or more Approved Petroleum Engineers, and the June 30 30th Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who shall certify such Reserve Report to be true and accurate in all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 31st Reserve Report.

Reserve Reports. (a) On or before March April 1st and September 1st of each year, commencing March April 1, 20132006, the Borrower Borrowers shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries prepared as of the immediately preceding December 31st and June 30thJanuary 1st or July 1st, respectively. The Reserve Report as of December 31 January 1 of each year and the Reserve Report delivered in connection with the first redetermination shall be prepared by the Borrowers and reviewed or audited by one or more Approved Petroleum Engineers, and the June 30 July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Borrower who Borrowers. In each case, the chief engineer of the Borrowers shall certify that such Reserve Report is based on information that was prepared in good faith based upon assumptions believed to be true and accurate reasonable at the time and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.