2C Resources definition

2C Resources means the unrisked best estimate scenario of Contingent Resources.
2C Resources means those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations by application of development projects, but which are not currently considered to be commercially recoverable due to one or more contingencies, and “2C Liquids Resources” and “2C Oil Resources” shall be interpreted accordingly;

Examples of 2C Resources in a sentence

  • The Issuer will make, or cause to be made, an announcement to ASX and POMSoX specifying the amount of the Redemption Amount in respect of each CVR Note, as soon as practicable (and in any event not later than five Business Days) after the date of determination of the volume of the PRL15 2C Resources.

Related to 2C Resources

  • Public resources means water, fish, and wildlife and in addition means capital improvements of the state or its political subdivisions.

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Water resources means all waters of the state occurring on the surface, in natural or artificial channels, lakes, reservoirs, or impoundments, and in subsurface aquifers, which are available, or which may be made available to agricultural, industrial, commercial, recreational, public, and domestic users;

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following: