future net revenue means a forecast of revenue, estimated using forecast prices and costs or constant prices and costs, arising from the anticipated development and production of resources, net of the associated royalties, operating costs, development costs, and abandonment and reclamation costs;
future net revenue means the estimated net amount to be received with respect to the development and production of reserves (including synthetic oil, coal bed methane and other non-conventional reserves) estimated using constant prices and costs or forecast prices and costs.
future net revenue means the estimated net amount to be received with respect to the anticipated development and production of reserves (including synthetic oil, coal bed methane and other non-conventional reserves) estimated using future prices and costs.
More Definitions of future net revenue
future net revenue means the estimated net amount to be received with respect to the development and production of reserves estimated using forecast prices and costs.
future net revenue means the estimated Net amount to be received with respect to the development and Production of Reserves (including Synthetic Oil, coal bed methane and other non-conventional Reserves) estimated using: (a) forecast prices and costs, and (b) at the option of Detector, constant prices and costs. This net amount is computed by deducting, from estimated future revenues: (i) estimated amounts of future royalty obligations; (ii) costs related to the development and Production of Reserves; (iii) abandonment and reclamation costs; and(iv) future income tax expenses, unless otherwise specified in NI-51-101, Form 51-101F1 or Forms 51-101F2. Corporate general and administrative expenses and financing costs are not deducted. Net present values of Future Net Revenue may be calculated using a discount rate or without discount.
future net revenue means the estimated net amount to be received with respect to the development and production of reserves computed by deducting, from estimated future revenues, estimated future royalty obligations, costs related to the development and production of reserves and abandonment and reclamation costs (corporate general and administrative expenses and financing costs are not deducted).
future net revenue means the aggregate of the estimated future net revenues for each of the Company's Oil and Gas Properties, discounted at 10%, attributable to the proved Hydrocarbon reserves for each such Oil and Gas Property using average product prices and Lease Operating Expenses for the six-month period preceding the date of determination of such future net revenues. The product prices and Lease Operating Expenses for each such Oil and Gas Property shall not be escalated over the life of such Oil and Gas Property. Each determination of Future Net Revenue under the terms of this Agreement shall also take into account cumulative production from the Oil and Gas Properties since the last determination and such other criteria that are required by sound petroleum engineering practice.
future net revenue means the estimated net amount to be received with respect to the development and production of reserves (including synthetic oil, CBM and other non-conventional reserves) estimated using forecast prices and costs.
future net revenue means the estimated net amount to be received with respect to the development and production of reserves; estimated using either (i) constant prices and costs or (ii) forecast prices and costs. This net amount is computed by deducting from estimated future revenues the estimated amounts of future royalty obligations, costs related to the development and production of reserves, well abandonment costs. Future incomes taxes have not been deducted from future net revenues, nor have general and administrative expenses or financing costs.