Abandonment and Reclamation Report means a report pertaining to the ARO Liabilities of the Borrower and its Subsidiaries, segmented and in sufficient detail as requested by the Agent, acting reasonably, and which shall include:
Abandonment and Reclamation Report means an annual report pertaining to the abandonment and reclamation obligations of the Canadian Borrower and its Material Subsidiaries in respect of upstream oil and gas xxxxx, facilities and pipelines located in Canada, such report to be substantially in the form attached hereto as Schedule M.
Abandonment and Reclamation Report means a report pertaining to the abandonment and reclamation obligations of the Loan Parties in respect of upstream oil and gas xxxxx, facilities, and pipelines, segmented and in sufficient detail as requested by the Agent or any of the Lenders, acting reasonably which shall include: (a) the total number of such xxxxx, categorized between active (producing) and inactive (non-producing) xxxxx, and in each case, segregated between (i) operated and non- operated xxxxx and (ii) gross and net xxxxx; (b) abandonment and reclamation liability related to all such xxxxx (expressed using uninflated and undiscounted values in nominal dollars), segregated between (i) active and inactive xxxxx, (ii) operated and non-operated xxxxx and (iii) gross and net xxxxx; (c) abandonment and reclamation liabilities (expressed using uninflated and undiscounted values in nominal dollars) of the Loan Parties for active facilities and pipelines, inactive facilities and pipelines and sites requiring reclamation only; and (d) a list of third party operators for non-operated xxxxx, facilities and pipelines of the Loan Parties (including gross number of xxxxx, facilities and pipelines operated by each of them), but excluding any operators operating xxxxx or pipelines comprising less than 5% of total net xxxxx or 5% of pipelines, of the Loan Parties, respectively.
Examples of Abandonment and Reclamation Report in a sentence
Annual Abandonment and Reclamation Report If any Abandonment or reclamation activities were conducted, each Operator of each Contract Area shall file an Annual Abandonment and Reclamation Activity Report on or before the last day of April following the year that the report addresses.
The Operator shall file a Final Abandonment and Reclamation Report not less than 30 days after the completion of abandonment and/or reclamation activities pertaining to a particular well or facility.
The report shall describe in summary form the activities conducted, the location of such activities, including the identity of each well or facility and the date of filing of the Final Abandonment and Reclamation Report.
More Definitions of Abandonment and Reclamation Report
Abandonment and Reclamation Report means a report pertaining to the abandonment and reclamation obligations of the Loan Parties in respect of upstream oil and gas xxxxx, facilities, and pipelines, segmented and in sufficient detail as requested by any Noteholder, acting reasonably which shall include: (a) the total number of such xxxxx, categorized between active (producing) and inactive (non-producing) xxxxx, and in each case, segregated between (i) operated and non-operated xxxxx and