Hydrocarbon Reserves definition

Hydrocarbon Reserves means and includes, as to any Person, any and all of such Person's now owned or hereafter acquired Hydrocarbon reserves in place.
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Hydrocarbon Reserves means proved hydrocarbon reserves, probable hydrocarbon reserves or possible hydrocarbon reserves.
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Examples of Hydrocarbon Reserves in a sentence

  • No representation or warranty is made with respect to any Hydrocarbon Interest to which no Proved Hydrocarbon Reserves are properly attributed.

  • The Agent and the Lenders shall have received a Proved Reserves Report with respect to proven Hydrocarbon Reserves of the Borrower, which shall be in form and substance satisfactory to the Agent and the Lenders.

  • Borrower and each Guarantor will keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business, including, without limitation, all well▇ ▇▇▇ equipment necessary or useful in the operation of the Hydrocarbon Reserves.

  • Borrower, to secure the prompt payment to Lender of the Obligations relating to the SCEM Letter of Credit shall execute and deliver Mortgages, in form and substance satisfactory to Lender, upon the Real Property and Hydrocarbon Reserves described on Exhibit A to Amendment No. 1 (the "SCEM LC Mortgages").

  • Borrower and each Guarantor will keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business, including, without limitation, all ▇▇▇▇▇ and equipment necessary or useful in the operation of the Hydrocarbon Reserves.

  • Agent shall have obtained the right, pursuant to appropriate documentation, to utilize any and all rights with respect to pipeline distribution and processing necessary to market the now existing or hereafter acquired Hydrocarbon Reserves.

  • Reconciliation of Hydrocarbon Reserves between 31 December 2000 and 31 December 2001 Dry Gas Remaining Recovery Changes Produced Remaining Recovery at 31.12.2000 during 2001 in 2001 at 31.12.