GLJ Report definition

GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 12, 2021 and effective December 31, 2020.

GLJ Report means the report of GLJ dated effective as of December 31, 2011, with a preparation date of January 15, 2011, assessing and evaluating the proved and probable reserves and contingent resources of the Corporation located in the Christina Lake, Surmont, Thornbury, Greater May River, West Jackfish, West Kirby, East Kirby and Portage areas of Alberta.

GLJ Report means the independent engineering evaluation of certain oil, NGL and natural gas interests of the Trust prepared by GLJ dated February 12, 2009 and effective December 31, 2008;

Examples of GLJ Report in a sentence

• There can be no guarantee that funds will be available or that we will allocate funding to develop all of the reserves attributed in the GLJ Report.

• There is no assurance that the forecast price and cost assumptions contained in the GLJ Report will be realized and variances could be material.

• The tables summarize the data contained in the GLJ Report and as a result may contain slightly different numbers than such report due to rounding.

• The tables below are a summary of the oil reserves of the Corporation and the net present value of future net revenue attributable to such reserves as evaluated in the GLJ Report based on “forecast price and cost assumptions”.

• Other assumptions relating to the costs, prices for future production and other matters are included in the GLJ Report.

More Definitions of GLJ Report

GLJ Report means the independent engineering evaluation of certain oil, NGL and natural gas interests of the Trust prepared by GLJ dated February 17, 2006 and effective December 31, 2005;

GLJ Report means the independent engineering evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 3, 2012 and effective December 31, 2011;

GLJ Report means the independent engineering evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 4, 2014 and effective December 31, 2013;

GLJ Report means the report dated February 19, 2013 prepared by GLJ evaluating the oil, NGL and natural gas reserves attributable to the properties of the Company effective December 31, 2012.

GLJ Report means the report of GLJ dated February 9, 2021 evaluating the crude oil, natural gas and NGL reserves of the Company as at December 31, 2020;

GLJ Report means the report of GLJ dated February 2, 2018 evaluating the crude oil, natural gas liquids and natural gas reserves of the Corporation as at December 31, 2017;

GLJ Report means the report prepared by GLJ dated February 11, 2010 evaluating approximately 48 percent of the crude oil, natural gas and natural gas liquids reserves of Penn West and the net present value of future net revenue attributable to those reserves effective as at December 31, 2009.