GLJ Report definition

GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.
GLJ Report means the independent engineering evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 9, 2011 and effective December 31, 2010;
GLJ Report means the report of GLJ dated effective as of December 31, 2013, with a preparation date of January 16, 2014, assessing and evaluating the proved and probable reserves and contingent resources of the Corporation located in the Christina Lake, Surmont, Thornbury, Greater May River, West Jackfish, West Kirby, East Kirby and Portage areas of Alberta.

Examples of GLJ Report in a sentence

  • There can be no guarantee that funds will be available or that we will allocate funding to develop all of the reserves attributed in the GLJ Report.

  • There is no assurance that the forecast price and cost assumptions contained in the GLJ Report will be realized and variances could be material.

  • The crude oil, natural gas liquids and natural gas reserve estimates presented in the GLJ Report are based on the definitions and guidelines contained in the COGE Handbook.

  • The pricing assumptions used in the GLJ Report with respect to net values of future net revenue (forecast) as well as the inflation rates used for operating and capital costs are set forth above.

  • The crude oil, natural gas liquids, natural gas and non-conventional natural gas reserves estimates presented in the GLJ Report are based on the definitions and guidelines contained in the COGE Handbook.


More Definitions of GLJ Report

GLJ Report means the independent engineering evaluation of certain oil, NGL and natural gas interests of the Trust prepared by GLJ dated February 12, 2009 and effective December 31, 2008;
GLJ Report means the report of GLJ dated February 9, 2021 evaluating the crude oil, natural gas and NGL reserves of the Company as at December 31, 2020;
GLJ Report means the report dated February 19, 2013 prepared by GLJ evaluating the oil, NGL and natural gas reserves attributable to the properties of the Company effective December 31, 2012.
GLJ Report means the report of GLJ dated March 28, 2007 evaluating the crude oil, natural gas liquids and natural gas reserves of the Company as at December 31, 2006;
GLJ Report means the report prepared by GLJ dated February 8, 2012 evaluating approximately 48 percent of the crude oil, natural gas and natural gas liquids reserves of Penn West and the net present value of future net revenue attributable to those reserves effective as at December 31, 2011.
GLJ Report means the reserve report dated January 24, 2007 prepared by GLJ evaluating the light and medium oil, heavy oil and associated and non-associated gas reserves attributable to properties owned by OpCo and its Subsidiaries as at December 31, 2006;
GLJ Report means the report of GLJ dated January 22, 2019 evaluating the crude oil, natural gas and NGL reserves of the Company as at December 31, 2018;