Common use of Reserve Reports Clause in Contracts

Reserve Reports. (a) On or before April 1 and October 1 of each year, the Parent or the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report. The Reserve Report as of December 31 of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or under the supervision of the chief engineer of the Parent (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) and audited by one or more Approved Petroleum Engineers. The June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, 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 April 1 1st and October 1 1st of each yearyear beginning October 1, the Parent or 2022, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Borrowing Base Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st (the “December 31 Reserve Report”) and June 30th (the “June 30 Reserve Report”), as applicable. The Each (A) December 31 Reserve Report as delivered on or before April 1st of December 31 each year, shall be prepared by one or more Approved Petroleum Engineers, and (B) June 30 Reserve Report delivered on or before October 1st of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or internally under the supervision of the chief engineer of the Parent (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 Reserve Report) and audited by one or more Approved Petroleum Engineers. The June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, 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.105

Reserve Reports. (a) On or before April 1 March 15 and October 1 September 15 of each year, the Parent or commencing March 15, 2011, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve ReportReport evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31 and June 30, respectively. The Reserve Report as of December 31 of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or under the supervision of the chief engineer of the Parent (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) an Internal Petroleum Engineer and audited by one or more Approved Petroleum Engineers. The , and the June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, an Internal Petroleum Engineer 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 April 1 March 1st and October 1 September 1st of each year, commencing March 1, 2006, the Parent or the Borrower Borrowers shall furnish to the Administrative Agent and the Lenders a Reserve Report. The Reserve Report as of December 31 (and delivered on or before March 1) of each year shall be prepared (x) by one or more Approved Petroleum Engineers Engineers, and the June 30 Reserve Report (delivered on or (ybefore September 1) of each year shall be prepared either by or under the supervision of the chief engineer of the Parent (Borrowers 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) and audited Report or by one or more Approved Petroleum Engineers. The June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, 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 April 1 March 1st and October 1 September 1st of each year, the Parent or commencing March 1, 2021, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve ReportReport evaluating the Proved Oil and Gas Properties of the Credit Parties that are Qualified ECP Guarantors as of the immediately preceding January 1st and July 1st. The Reserve Report as of December 31 January 1 of each year shall be prepared (x) or audited by one or more Approved Petroleum Engineers or (y) that have completed an independent engineering evaluation of the reserves attributable to the Credit Parties' Proved Oil and Gas Properties, and the July 1 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent (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) and audited by one or more Approved Petroleum Engineers. The June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, 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 April 1 1st and October 1 1st of each yearyear beginning April 1, the Parent or 2019, 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 (the “December 31 Reserve Report”) and June 30th (the “June 30 Reserve Report”), as applicable. The Each (A) December 31 Reserve Report as delivered on or before April 1st of December 31 each year, shall be prepared by one or more Approved Petroleum Engineers, and (B) June 30 Reserve Report delivered on or before October 1st of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or internally under the supervision of the chief engineer of the Parent (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) and audited by one or more Approved Petroleum Engineers. The June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, who shall certify such Reserve Report to be true and accurate 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 (i) March 1, 2022, 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 November 30, 2021 and (ii) commencing October 1, 2022, April 1 and October 1 of each year, the Parent or the Borrower shall furnish to the Administrative Agent and the Revolving Credit Lenders a Reserve ReportReport evaluating the Oil and Gas Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31 or June 30, respectively. The Reserve Report as of December 31 of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or under the supervision of the chief engineer of the Parent (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) and audited by one or more Approved Petroleum Engineers. The , and the Reserve Report as of June 30 Reserve Report of each year shall be prepared either by Approved Petroleum Engineers or under the supervision of the chief engineer of the Parent, 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.by

Reserve Reports. (a) On or before April 1 March 15th and October 1 September 15th of each year, the Parent or commencing March 15, 2011, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve ReportReport evaluating the Oil and Gas Properties of the Borrower and its Domestic Subsidiaries as of the immediately preceding December 31st or June 30th 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 31st of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or under the supervision of the chief engineer of the Parent (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) and audited reviewed by one or more Approved Petroleum Engineers. The June 30 30th Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, 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 ReportBorrower.

Reserve Reports. (a) On or before April 1 and October 1 of each year, the Parent or commencing October 1, 2013, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve ReportReport evaluating the Direct Interests of the Borrower and the other Credit Parties and the Attributed Interests of the Sponsored Partnerships, in each case, as of the immediately preceding December 31 and June 30. The Reserve Report as of December 31 of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or under the supervision of the chief engineer of the Parent (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) and audited by one or more Approved Petroleum Engineers. The Reserve Report as of June 30 Reserve Report of each year shall be prepared either by Approved Petroleum Engineers or under the supervision of the chief engineer of the Parentby Borrower’s internal reserve engineering staff, who which 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 April December 1, 2018, and each March 1 and October September 1 of each yearthereafter, the Parent or the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Oil and Gas Interests of the Borrower and the other Credit Parties as of September 30, 2018 (for the Reserve Report delivered on December 1, 2018), and for each subsequent Reserve Report, the immediately preceding December 31 and June 30. The Reserve Report as of December 31 of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or under the supervision of the chief engineer of the Parent (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) and audited by one or more Approved Petroleum Engineers. The Reserve Report as of June 30 Reserve Report of each year shall be prepared either by Approved Petroleum Engineers or under the supervision of the chief engineer of the Parentby Borrower’s internal reserve engineering staff, who which 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 April 1 1st and October 1 1st of each year, the Parent or commencing with April 1, 2025, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report evaluating the Borrowing Base Properties of the Borrower and its Subsidiaries as of the immediately preceding December 31st (the “December 31 Reserve Report”) and June 30th (the “June 30 Reserve Report”), as applicable. The Each (A) December 31 Reserve Report as delivered on or before April 1st of December 31 each year, shall be prepared by one or more Approved Petroleum Engineers, and (B) June 30 Reserve Report delivered on or before October 1st of each year shall be prepared (x) by one or more Approved Petroleum Engineers or (y) by or internally under the supervision of the chief engineer of the Parent (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) and audited by one or more Approved Petroleum Engineers. The June 30 Reserve Report of each year shall be prepared by or under the supervision of the chief engineer of the Parent, who shall certify such Reserve Report to be true and accurate all material respects and to have been prepared in accordance with the procedures used in the immediately preceding December 31 Reserve Report.