Cash G&A definition
Cash G&A means the Company’s general and administrative expenses related to the Company’s day-to-day business that are funded from the Company’s cash, excluding, without limitation, severance payments.
Cash G&A. EB”). Total non-recurring cash G&A before capitalization incurred excluding bonuses incurred in quarter/year divided by total operated net production for the Performance Period. • Free Cash Flow ($ MM). Free cash flow for the Performance Period calculated using operating free cash flow (pre-working capital) less incurred capitalized G&A, incurred capitalized interest, and incurred capitalized expenditures. • Gathering and Processing and Differential ($/Mcfe) (“GPD”). Gathering, processing and compression charges for the Performance Period per Mcfe plus average differential per Mcfe using settled strip (Nymex Strip for gas, WTI for oil, 35% of WTI for NGL) weighted average by projected production. • ESG. Total reportable safety incidents and spills for the Performance Period. • Strategic Initiatives. Successful financing solution completed during Performance Period for duration less than 1 year or extension of credit facility for more than 1 or 2 years.