Common use of Reserve Data Clause in Contracts

Reserve Data. The oil and natural gas reserve estimates of the Company and its subsidiaries as of December 31, 2012, 2013 and 2014 contained in the most recent Preliminary Prospectus are derived from reports that have been audited by ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ as set forth and to the extent indicated therein; and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Company and its subsidiaries, at the dates indicated therein and are in accordance, in all material respects, with Commission rules and guidelines that are currently in effect for oil and gas producing companies applied on a consistent basis throughout the periods covered.

Reserve Data. The oil and natural gas reserve estimates of the Company and its subsidiaries Parties as of as of September 30, 2013 and December 31, 2012, 2013 2011 and 2014 2012 contained in the most recent Preliminary Prospectus are derived from reports that have been audited prepared by ▇▇either (a) Netherland, ▇▇▇▇▇▇ and ▇▇▇▇▇Associates, Inc. or (b) ▇▇▇▇▇▇ & Company, Inc., as set forth and to the extent indicated therein; and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Company and its subsidiariesParties, at the dates indicated therein and are in accordance, in all material respects, with Commission rules and guidelines that are currently in effect for oil and gas producing companies applied on a consistent basis throughout the periods covered.

Reserve Data. The oil and natural gas reserve estimates of the Company and its subsidiaries as of December 31, 20122013, 2013 2014 and 2014 2015 contained in the most recent Preliminary Prospectus are derived from reports that have been audited by ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ as set forth and to the extent indicated therein; and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Company and its subsidiaries, at the dates indicated therein and are in accordance, in all material respects, with Commission rules and guidelines that are currently in effect for oil and gas producing companies applied on a consistent basis throughout the periods covered.

Reserve Data. The oil and natural gas reserve estimates of the Company and its subsidiaries Parties as of December 31, 2012, 2013 and as of [September 1], 2014 contained in the most recent Preliminary Prospectus are derived from reports that have been audited prepared by ▇▇either (a) Netherland, ▇▇▇▇▇▇ and ▇▇▇▇▇Associates, Inc. or (b) ▇▇▇▇▇▇ & Company, Inc., as set forth and to the extent indicated therein; and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Company and its subsidiariesParties, at the dates indicated therein and are in accordance, in all material respects, with Commission rules and guidelines that are currently in effect for oil and gas producing companies applied on a consistent basis throughout the periods covered.

Reserve Data. The oil and natural gas reserve estimates of the Company and its subsidiaries as of December 31, 20122011, 2012 and 2013 and 2014 contained in the most recent Preliminary Prospectus are derived from reports that have been audited by either (a) ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ or (b) ▇▇▇▇▇ ▇▇▇▇▇ Company, L.P., as set forth and to the extent indicated therein; and such estimates fairly reflect, in all material respects, the oil and natural gas reserves of the Company and its subsidiaries, at the dates indicated therein and are in accordance, in all material respects, with Commission rules and guidelines that are currently in effect for oil and gas producing companies applied on a consistent basis throughout the periods covered.