Common use of Reserve Report Data Clause in Contracts

Reserve Report Data. The oil and gas reserve estimates of the Company and its consolidated subsidiaries contained in or incorporated by reference into the General Disclosure Package have been prepared by independent reserve engineers or by the Company, as applicable, in accordance with Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company and its consolidated subsidiaries as of the dates indicated. Except as described in the General Disclosure Package, the Company is not aware of any facts or circumstances that would cause a Material Adverse Effect in the reserves or the present value of future net cash flows therefrom as described in the General Disclosure Package.

Appears in 3 contracts

Samples: Purchase Agreement (Gulfport Energy Corp), Purchase Agreement (Gulfport Energy Corp), Purchase Agreement (Gulfport Energy Corp)

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Reserve Report Data. The oil and gas reserve estimates of the Company and its consolidated subsidiaries contained in or incorporated by reference into the General Disclosure Package have been prepared by independent reserve engineers or by the Company, as applicable, in accordance with Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company and its consolidated subsidiaries as of the dates indicated. Except as described in the General Disclosure Package, the Company is not aware of any facts or circumstances that would cause a Material Adverse Effect in the reserves or the present value of future net cash flows therefrom as described in the General Disclosure Package.

Appears in 2 contracts

Samples: Purchase Agreement (Gulfport Energy Corp), Purchase Agreement (Gulfport Energy Corp)

Reserve Report Data. The oil and gas reserve estimates of the Company and its consolidated subsidiaries contained in included or incorporated by reference into in the General Disclosure Package Company SEC Documents have been prepared by independent reserve engineers or by the Company, as applicable, in accordance with Commission SEC guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company and its consolidated subsidiaries as of the dates indicated. Except Other than production of the reserves in the ordinary course of business, intervening product price fluctuations and as described in the General Disclosure PackageCompany SEC Documents, the Company is not aware of any facts or circumstances that would cause have a Material Adverse Effect in on the reserves or the present value of future net cash flows therefrom as described in the General Disclosure PackageCompany SEC Documents.

Appears in 1 contract

Samples: Note Purchase Agreement (SYNERGY RESOURCES Corp)

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Reserve Report Data. The oil and gas reserve estimates of the Company and its consolidated subsidiaries contained in or incorporated by reference into the General Disclosure Package have been prepared by independent reserve engineers or by the Company, as applicable, in accordance with Commission guidelines applied on a consistent basis throughout the periods involved, and the Company has no reason to believe that such estimates do not fairly reflect the oil and gas reserves of the Company and its consolidated subsidiaries as of the dates indicated. Except as Other than production of the reserves in the ordinary course of business and intervening product price fluctuations described in the General Disclosure Package, the Company is not aware of any facts or circumstances that would cause a Material Adverse Effect in the reserves or the present value of future net cash flows therefrom as described in the General Disclosure Package.

Appears in 1 contract

Samples: Underwriting Agreement (Gulfport Energy Corp)

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