Reserves Reports definition

Reserves Reports means, collectively, the reserves report prepared by McDaniel & Associates Consultants Ltd. with a preparation date of January 16, 2009, the reserves report prepared by GLJ Petroleum Consultants Ltd. with a preparation date of January 23, 2009, the reserves report prepared by Netherland, Sewell & Associates, Inc. with a preparation date of January 19, 2009, and the reserves report prepared by DeGolyer & MacNaughton with a preparation date of January 20, 2009, each with an effective date of December 31, 2008;

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Reserves Reports means, collectively:

Reserves Reports means the ▇▇▇▇▇▇▇▇ Report and the ▇▇▇▇▇ ▇▇▇▇▇ Report;

Examples of Reserves Reports in a sentence

• Pengrowth has made available to GLJ, prior to the issuance of the Reserves Reports for the purpose of preparing the Reserves Reports, all information requested by GLJ, which information did not contain any misrepresentation at the time such information was provided.

• Raging River has made available to ▇▇▇▇▇▇▇ and GLJ, prior to the issuance of the Raging River Reserves Reports for the purpose of preparing the Raging River Reserves Reports, all information requested by ▇▇▇▇▇▇▇ and GLJ, as applicable, which information did not contain any misrepresentation at the time such information was provided.

• Except as is reflected in the Baytex Reserves Reports, none of the oil and gas assets of the Baytex Group are subject to reduction by reference to payout of or production penalty on any well or otherwise or to change to an interest of any other size or nature by virtue of or through any right or interest granted by, through or under any member of the Baytex Group, which would in the aggregate have a material adverse effect on the Baytex Group (taken as a whole).

• Except as is reflected in the Raging River Reserves Reports, none of Raging River's oil and gas assets are subject to reduction by reference to payout of or production penalty on any well or otherwise or to change to an interest of any other size or nature by virtue of or through any right or interest granted by, through or under Raging River, which would in the aggregate have a material adverse effect on Raging River.

• Baytex has made available to ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇, prior to the issuance of the Baytex Reserves Reports for the purpose of preparing the Baytex Reserves Report, all information requested by ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇, as applicable, which information did not contain any misrepresentation at the time such information was provided.

• To the knowledge of the Purchasers, the Purchaser Reserves Reports reasonably present the quantities of the oil and natural gas reserves attributable to the crude oil, natural gas liquids and natural gas properties evaluated in such reports as of their effective date based upon information available at the time such reserves information was prepared.

• VAALCO co-operated with NSAI in the preparation of the VAALCO Reserves Reports.

• The qualitative and quantitative data regarding proven and probable reserves of Parent included in the Parent Reserves Reports were derived in accordance with the procedures described therein and, in all material respects, all applicable industry standards, including Securities Act Industry Guide 7.

• The operations of each of the Purchasers and the Purchaser Subsidiaries, and to the knowledge of the Purchasers, the operations by third parties, on or in respect of the properties described in the Purchaser Reserves Reports, have been conducted in compliance with Good Oilfield Practices.

• Since December 31, 2016, and except for changes generally affecting sand-based proppant mining (including changes in commodity prices and fluctuations in demand for production) and normal depletion by production, there has been no change in respect of the proven and probable reserves set forth in the Parent Reserves Reports.

More Definitions of Reserves Reports

Reserves Reports means, collectively: (a) the independent engineering evaluation of Pengrowth’s oil and natural gas reserves prepared by GLJ effective December 31, 2018 and dated as of February 27, 2019; (b) the independent engineering evaluation of Pengrowth’s oil and natural gas reserves relating to the Corporation’s Lindbergh assets prepared by GLJ effective June 30, 2019 and dated as of August 7, 2019; and (c) the independent engineering evaluation of Pengrowth’s contingent resources prepared by GLJ effective December 31, 2018 and dated as of January 15, 2019;

Reserves Reports means, collectively, the GLJ Report and the Sproule Report;

Reserves Reports means, collectively, the June 2010 Reserves Report and the October 2010 Reserves Report; “Secondary Offering” means the offering of ⚫ Offered Shares being sold hereunder by Molopo Holdings; “Subscribers” means persons that subscribe for and purchase Offered Shares;