NSAI Report definition

NSAI Report means the independent engineering evaluation of the Corporation's shale gas reserves and contingent resources in the Marcellus properties prepared by NSAI effective December 31, 2018, utilizing the average of the commodity price forecasts and inflation rates of GLJ, McDaniel and Sproule as of January 1, 2019
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NSAI Report means the independent engineering evaluation of the Corporation's shale gas reserves and contingent resources in the Marcellus properties prepared by NSAI effective December 31, 2016, utilizing commodity price forecasts of McDaniel (for internal consistency in the Corporation's reserves reporting) as of January 1, 2017;
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NSAI Report means the report as of December 31, 2020 on the "Estimates of Contingent and Prospective Resources to the Canadian Overseas Petroleum Limited Interest in Certain Discoveries and Prospects Located in Oil Prospecting License 226 Offshore Nigeria".
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Examples of NSAI Report in a sentence

  • These forecast assumptions with adjustments were provided in the NSAI report.Summary of Pricing & Inflation Rate AssumptionsAs of December 31, 2023Forecast Prices & Costs2.0 Note: Sproule Oil & Natural Gas Forecast from NSAI Report to the Company including adjustments for differentials; prices escalated @ 2% after 2033.2023 weighted average prices were: $76.34 for oil, $2.93 for natural gas and $20.89 for NGLs.

  • References to REP’s estimated reserves are derived from REP’s reserve report as of September 30, 2020 prepared by Netherland, Sewell & Associates, Inc., or NSAI, and referred to as the NSAI Report.

  • These forecast assumptions with adjustments were provided in the NSAI report.Note: Sproule Oil & Natural Gas Forecast from NSAI Report to the Company including adjustments for differentials; prices escalated @ 2% after 2031.

  • These forecast assumptions with adjustments were provided in the NSAI report.2.0 Note: Sproule Oil & Natural Gas Forecast from NSAI Report to the Company including adjustments for differentials; prices escalated @ 2% after 2032.

  • The effective date for the Statement of Reserves Data and Contingent Resources and Other Oil and Gas Information contained in this Annual Information Form is December 31, 2019 and the preparation dates for such information are February 6, 2020 for the McDaniel Reports and February 7, 2020 for the NSAI Report.


More Definitions of NSAI Report

NSAI Report means the report dated March 9, 2023, prepared with an effective date as at December 31, 2022 by NSAI concerning the oil reserves and resources of Forza Petroleum’s license areas and the net present value of future net revenue associated with such oil reserves and risked net present value of future net revenue associated with the best estimate contingent oil resources sub-classified as development pending, based on forecast prices and cost assumptions as at December 31, 2022 and presented in accordance with NI 51-101.
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NSAI Report means the report prepared by NSAI dated March 3, 2020, evaluating the crude oil reserves attributed to the Bretaña Assets as at December 31, 2019.
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NSAI Report means the independent engineering evaluation of Enerplus’ U.S. conventional oil, NGLs and natural gas interests prepared by NSAI dated February 21, 2008 and effective December 31, 2007, utilizing commodity price forecasts of Sproule (for internal consistency in Enerplus’ reserves reporting) dated December 31, 2007;
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NSAI Report means the report prepared by NSAI, evaluating the crude oil, natural gas and natural gas liquids reserves of Southern, as at December 31, 2019, with a preparation date of February 28, 2020.
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NSAI Report means “Estimates of Contingent and Prospective Resources to the Canadian Overseas Petroelum Limited Interest in Certain Discoveries and Prospects located in Oil Prospecting License 226 Offshore Nigeria” as of December 31, 2018”, prepared by Netherland, Sewell & Associates, Inc. in accordance with the requirements of NI 51-101;
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NSAI Report means that certain report prepared by Netherland, Xxxxxx & Associates, Inc. dated November 22, 1999 (as later supplemented and corrected, copies of which supplement and correction were previously furnished or made available to Buyer), entitled "Estimate of Reserves and Future Revenue to the Altura Energy Ltd. Interest in Certain Oil and Gas Properties as of January 1, 2000, Based on Escalated Prices and Costs."
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NSAI Report means the Company’s engineering evaluation prepared by Netherland, Xxxxxx & Associates, dated January 31, 2006, effective March 1, 2006, previously provided to the Purchaser.
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