Examples of D&M Report in a sentence
The estimates of proved Hydrocarbon reserves used by Pi and the Pi Subsidiaries in connection with the preparation of the Pi Reserve Report complied in all material respects with Rule 4-10 of Regulation S-X promulgated by the SEC, and the estimates of proved Hydrocarbon reserves provided to DeGolyer and MacNaughton in connection with the preparation of the Pi DM Report complied in all material respects with Rule 4-10 of Regulation S-X promulgated by the SEC.
To the Knowledge of Pi, there are no material errors in the assumptions and estimates used by Pi and the Pi Subsidiaries in connection with the preparation of the Pi Reserve Report or by DeGolyer and MacNaughton in connection with the preparation of the Pi DM Report.
RESERVES, EFFECTIVE DECEMBER 31, 2012 Reserves Proved Proved Plus Probable Proved Plus Probable Plus PossibleGross1 PV10% Gross1 PV10% Gross1 PV10% (MMbbls) ($MM) (MMbbls) ($MM) (MMbbls) ($MM) Total 80 362 446 990 605 1,665 Source: GLJ Report and D&M Report effective December 31, 2012.
The estimates of proved Hydrocarbon reserves used by Pi and the Pi Subsidiaries in connection with the preparation of the Pi Reserve Report complied in all material respects with Rule 4-10 of Regulation S-X promulgated by the SEC, and the estimates of proved Hydrocarbon reserves provided to XxXxxxxx and XxxXxxxxxxx in connection with the preparation of the Pi DM Report complied in all material respects with Rule 4-10 of Regulation S-X promulgated by the SEC.
D&M shall deliver the D&M Report to both Parties no later than January 15 of the calendar year following the Option Exercise Date.