Athabasca Assets definition

Athabasca Assets means those petroleum and natural gas properties and related assets that the Trust will indirectly own following completion of the Transaction, described in more detail under "Information Concerning the Athabasca Assets";
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Athabasca Assets means those petroleum and natural gas properties and related assets located in the Craigend, Panny, Xxxxx Xxxx and Wabasca areas of Northeast Alberta that the Trust indirectly acquired pursuant to the Athabasca Acquisition;
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Examples of Athabasca Assets in a sentence

  • The Athabasca Assets are focused in Northeast Alberta, in the Craigend, Panny, Peter Lake and Wabasca/Hoole areas.

  • Accordingly, no income tax amounts have been reported herein.Future Net Revenue by Production Group as of July 1, 2004 Forecast Prices and Costs Reserves Category Reserves Data (Constant Prices and Costs) The following tables provide Reserves data and future net revenue of the Athabasca Assets based on the McDaniel Report using constant prices and costs.

  • After five consecutive months of paying monthly distributions of $0.16 per Trust Unit, PET increased its monthly distribution for the month of July 2004 to be paid on August 16, 2004 to $0.18 per Trust Unit to reflect the accretive effect of the Cavell acquisition and then to $0.20 per Trust Unit for the month of August 2004, to be paid on September 15, 2004 to account for the accretion from the acquisition of the Athabasca Assets.

  • The acquisition of the Athabasca Assets together with the Cavell acquisition, net of the disposition of Cavell’s Southeast Saskatchewan light oil assets, will increase the Trust’s daily production by 75 percent to 139 MMcf/d, increase PET’s proved plus probable reserves by 78 percent to 280 Bcf and further reinforces the 100 percent natural gas weighting of the Trust.

  • The acquisition of the Athabasca Assets (the “Athabasca Acquisition”) is anticipated to be completed on or about August 17, 2004 and will have an effective date of July 1, 2004.

  • The Athabasca Assets have current daily production of approximately 47.5 MMcf/d and proved plus probable reserves of 84.1 Bcf at July 1, 2004 as independently evaluated in accordance with NI 51-101.

Related to Athabasca Assets

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Fixed Assets means Equipment and Real Estate.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Farm winery means an establishment (i) located on a farm in the Commonwealth with a producing

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • Winery means a business conducted by any person for

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Antique motor vehicle means every motor vehicle, as defined in this section, which was actually

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Burswood Casino means that area in the Resort Complex identified in the Drawings as the area to constitute the casino and includes the area in which money counting, surveillance, storage and other activities relating to the conduct and playing of Games are carried on or, if and when the area to which the Burswood Casino Licence relates is fixed pursuant to section 21(4a) of the Control Act, the area so fixed as thereafter altered from time to time in accordance with that section;

  • Trust business means the business of acting as trustee, executor or administrator;

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Gross Assets means the total of fixed assets and current assets;

  • Regulated motor vehicle surface means any of the following, alone or in combination:

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Forest land means all land which is capable of supporting a merchantable stand of timber and is not being actively used for a use which is incompatible with timber growing. Forest land does not include agricultural land that is or was enrolled in the conservation reserve enhancement program by contract if such agricultural land was historically used for agricultural purposes and the landowner intends to continue to use the land for agricultural purposes in the future. For small forest landowner road maintenance and abandonment planning only, the term "forest land" excludes the following:

  • Timber means forest trees, standing or down, of a commercial species, including Christmas trees. However, "timber" does not include Christmas trees that are cultivated by agricultural methods, as that term is defined in RCW 84.33.035.

  • Motorboat means the same as that term is defined in Section 73-18-2.