Initial Reserve Reports means each of (i) the reserve report dated as of July 1, 2006, prepared by the Borrower concerning the Oil and Gas Properties of the Borrower and its Subsidiaries that were acquired pursuant to the Xxxxxx Acquisition and (ii) the reserve report dated as of July 1, 2006, prepared by Xxxxxx & Xxxxx, Ltd., concerning the Oil and Gas Properties of the Borrower and its Subsidiaries that were acquired pursuant to the Castex Acquisition.
Initial Reserve Reports means the following reserve reports which contain an evaluation of the Borrowing Base Properties: (a) reserve report dated as of July 1, 1998 prepared by XxXxxxx Petroleum Consultants, Ltd.,
Initial Reserve Reports means the report of Xxxxxxxx Engineering Consultants dated February 14, 2007 with respect to the Oil and Gas Properties of the Borrower and its Subsidiaries other than Southern G as of January 1, 2007, and the final audit report of Netherland, Xxxxxx & Associates, Inc. dated April 27, 2007 with respect to the Oil and Gas Properties owned by Southern G as of January 1, 2007, copies of which have been delivered to the Agent.
Examples of Initial Reserve Reports in a sentence
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The Administrative Agent shall have received the Initial Reserve Reports.
Borrower has heretofore delivered to Administrative Agent true and complete copies of the Joint Resources Reserve Report, together with a report prepared by Xxxxxx, Xxxxxxxxx & Associates dated as of December 31, 2005 (collectively, the "Initial Reserve Reports") relating to an evaluation of the Oil and Gas attributable to the Oil and Gas Properties described therein.
All information contained in the Initial Reserve Reports is true and correct in all material respects as of the date thereof.
More Definitions of Initial Reserve Reports
Initial Reserve Reports means the report of Cxxxxx Gxxxxxxxx & Associates, Inc. dated as of June 24, 2006, with respect to the value of the Oil and Gas Properties of the Borrower and its Subsidiaries as of December 31, 2005.
Initial Reserve Reports means: the reports of (a) Rydex Xxxxx Xxxpany Petroleum Engineers and McDaxxxx & Xssociates Consultants Ltd. with respect to Oil and Gas Properties formerly owned by UMC evaluating such Properties as of January 1, 1998; (b) McDaxxxx & Xssociates Consultants Ltd. with respect to the Oil and Gas Properties of Ocean Canada evaluating such Properties as of January 1, 1998; (c) Netherland, Sewexx & Xssociates, Inc. with respect to the Oil and Gas Properties of certain Subsidiaries of the Company named therein conducting operations in Africa evaluating such Properties as of January 1, 1998; (d) Netherland, Sewexx & Xssociates with respect to the Oil and Gas Properties of the Company evaluating such Properties as of December 31, 1997; and (e) the chief petroleum engineer of the Company with respect to its Oil and Gas Properties evaluating such Properties as of December 31, 1997.
Initial Reserve Reports means, collectively, the reserve engineers’ reports, as of July 1, 2022, prepared by Xxxxxx, Xxxxxxxxx & Associates, Inc.
Initial Reserve Reports has the meaning specified in Section 6.11 and shall include, without limitation, the Joint Resources Reserve Report.
Initial Reserve Reports means the report of Schlumberger Data and Consulting Service dated as of April 30, 2005, with respect to the value of the Oil and Gas Properties of Linn Energy, L.L.C. and its Subsidiaries as of January 1, 2005.
Initial Reserve Reports means the reserve reports of (a) Xxxxx Xxxxx Company L.P. and (b) Xxxx-Ikoda Limited, in each case setting forth, among other things, (i) the Oil and Gas Properties owned by the Borrower and the Subsidiaries as of December 31, 2003 and located in the Gulf of Mexico and the Dutch Sector (in the case of the Xxxxx Xxxxx Company L.P. report) and in the UK Sector (in the case of the Xxxx-Ikoda Limited report), (ii) the Proved Reserves attributable to such Oil and Gas Properties and (iii) a projection of the rate of production and net income of such Proved Reserves as of December 31, 2003.
Initial Reserve Reports means the Independent Reserve Reports dated (i) February 23, 1998 by Xxxxx Xxxxx Company, (ii) February 25, 1998 by X.X. Xxxx and Associates, Inc., and (iii) February 25, 1998 by Netherland, Xxxxxx & Associates, Inc., each as of December 31, 1997, and the Independent Reserve Report dated February 12, 1998 by System Technology Associates, Inc., as of January 1, 1998.