McDaniel Reserve Report definition

McDaniel Reserve Report means the independent engineering evaluation of the crude oil, natural gas and NGL reserves, prepared by McDaniel with an effective date of December 31, 2022 and a preparation date of March 9, 2023

McDaniel Reserve Report means the independent engineering evaluation of the crude oil, natural gas and NGL reserves, prepared by McDaniel with an effective date of

McDaniel Reserve Report means the independent engineering evaluation of the Company’s natural gas reserves prepared by McDaniel, dated April 24, 2007 and effective March 31, 2007;

Examples of McDaniel Reserve Report in a sentence

• The “McDaniel YE 2021 TPP Type Curve” assumptions and economics are based on the Total Proved Plus Probable Undeveloped reserves contained in the McDaniel Reserve Report as disclosed in the Company’s Annual Information Form which is available under the Company’s profile on SEDAR at www.sedar.com using the April 1, 2022 Consultants Average Price Forecast6.

• Type curve assumptions are based on the Total Proved plus Probable Undeveloped reserves contained in the McDaniel Reserve Report as disclosed in the Company’s Annual Information Form which is available under the Company’s profile on SEDAR at www.sedar.com.

• The Marten Hills primary development type curve was established in the McDaniel Reserve Report with an effective date of December 31, 2021.

• Future Development CostsThe following table sets forth the estimated future development costs based upon the McDaniel Reserve Report.

• The “McDaniel Type Curve” assumptions and economics are based on the Total Proved Plus Probable Undeveloped reserved contained in the McDaniel Reserve Report using the “Consultants Average Jan 1, 2023 Pricing” as disclosed in the Company’s Annual Information Form which is available under the Company’s profile on SEDAR at www.sedar.com4.

More Definitions of McDaniel Reserve Report

McDaniel Reserve Report means the NI 51-101 compliant report prepared by McDaniel entitled "Evaluation of Petroleum Reserves, Poyraz Ridge Field, Turkey, Based on Forecast Prices and Costs, As of December 31, 2022" having a preparation date of February 10, 2023;

McDaniel Reserve Report means the independent engineering evaluation of the Company’s crude oil and natural gas reserves prepared by McDaniel, dated March 18, 2011 and effective December 31, 2010;

McDaniel Reserve Report means the independent engineering evaluation of the Company’s natural gas reserves prepared by McDaniel, dated March 25, 2008 and effective December 31, 2007;

McDaniel Reserve Report means the independent engineering evaluation of the Company’s natural gas reserves prepared by McDaniel, dated March 19, 2009 and effective December 31, 2008;

McDaniel Reserve Report means the independent engineering evaluation of the oil and natural gas reserves relating to Eagle’s oil and gas interests titled “Eagle Energy Inc., Evaluation of Oil and Gas Reserves Based on Forecast Prices and Costs as of December 31, 2016”, prepared by McDaniel as of December 31, 2016.

McDaniel Reserve Report means the NI 51-101 compliant report prepared by McDaniel entitled "Evaluation of Crude Oil and Natural Gas Reserves, Kazakhstan and Turkey, as of December 31, 2017" having a preparation date of March 2, 2018;

McDaniel Reserve Report means the NI 51-101 compliant report prepared by McDaniel entitled "Evaluation of Crude Oil Reserves, Shoba and Taskuduk West Fields, Kazakhstan, Based on Forecast Prices and Costs, As of December 31, 2015" having a preparation date of February 23, 2016;