D&M Report definition

D&M Report means D&M’s independent contingent resource report of Alvopetro’s conventional natural gas pool located on Blocks 197 and 198 in the Recôncavo Basin onshore Brazil, dated effective June 30, 2015;

D&M Report means the report as of September 1, 2014 on the Prospective Resources attributable to Various Oil Prospects Owned by Canadian Overseas Petroleum (Bermuda) Limited in Liberia, prepared by D&M;

D&M Report means the independent engineering appraisal of Petrominerales’ reserves prepared by D&M, dated February 15, 2013, with an effective date of December 31, 2012;

Examples of D&M Report in a sentence

• Future Development Capital – D&M Report (Undiscounted) The tables below present D&M’s best estimate of future development capital (undiscounted) and the unit value per boe by category of certified reserves as of December 31, 2021: ColombiaPD2021 Year-End Reserves Summary Following oil and gas production of 13.7 mmboe in 2021, D&M certified 2P reserves of 159.2 mmboe (90% oil and 10% gas) as of December 31, 2021.

• 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.

• The tables above are a summary of the contingent resources of Alvopetro and the net present value of future net revenue attributable to such contingent resources as evaluated in the D&M Report based on constant price and cost assumptions.

• The sales price ultimately realized by Alvopetro may differ significantly from sales prices assumed in the D&M Report.

• 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.

More Definitions of D&M Report

D&M Report has the meaning specified in Section 2.5(b)

D&M Report means the reports of D&M dated effective as of December 31, 2013 assessing and evaluating the Proved Reserves, Probable Reserves and Contingent Resources of Athabasca, as applicable, located in the Birch and Hangingstone areas of Alberta.

D&M Report means the resource report prepared by D&M effective as of December 31, 2014; “Director(s)” means the director(s) of the Corporation;

D&M Report means the report as of May 15, 2012 on the Prospective Resources attributable to Certain Oil Prospects for Canadian Overseas Petroleum (Bermuda) Limited in Liberia-Sierra Leone Basin Liberia NI 51-101, signed June 7, 2012 and prepared by D&M.

D&M Report. ’ means the independent engineering evaluation of Enerplus’ U.S. conventional oil, NGLS and natural gas interests prepared by D&M dated February 1, 2007 and effective December 31, 2006, utilizing commodity price forecasts of Sproule (for internal consistency in Enerplus’ reserves reporting) dated December 31, 2006;

D&M Report means, collectively, the report as of October 15, 2013 on the Prospective Resources attributable to Certain Oil Prospects for Canadian Overseas Petroleum (Bermuda) Limited in Liberia-Sierra Leone Basin Liberia NI 51-101, and the Report as of October 15, 2013 on the Unconventional Prospective Resources attributable to Certain Leads owned by COPL New Zealand Limited in the License Block PEP 53806 New Zealand 51-101, each prepared by D&M;

D&M Report means the report prepared by D&M on February 26, 2018 entitled “Report as of December 31, 2017 on Reserves and Revenue of Certain Properties in Colombia and Ecuador with interests owned by Canacol Energy Ltd. Executive Summary NI 51-101” dated effective December 31, 2017;