Examples of PDP Reserves in a sentence
Any income accruing after death of the deceased accrues to the deceased‟s estate or the heirs.4 The deceased‟s estate (which comes into being from the date of death) is a different person for tax purposes, but is taxed according to the same rates applicable to natural persons (excluding the rebates).
Acquisition MetricsEstimated Production (at closing) 2,500 boe/dFlowing Multiple $1,700 per boe/dPDP Reserves(1) $0.64/boeTotal Proved Reserves(1) $0.57/boeTotal Proved + Probable Reserves(1) $0.40/boeAnnual Net Operating Income Multiple(2)(3) 1.4xNotes:(1) PDP Reserves, Total Proved Reserves, Total Proved + Probable Reserves are derived from the &RPSDQin\ter¶naVl Q RE and prepared in accordance with NI 51-101 and the COGEH.(2) Based on 12 month strip from July 3rd 2020.
If £10m of PDP Reserves are utilised in each of 2016/17 and 2017/18 then forecasted additional savings of £61.111m are required for the period 2016/17 to 2017/18.
Each Engineering Report shall be prepared by a third-party engineer or engineering firm reasonably acceptable to Lender utilizing economic and pricing parameters used by the Securities and Exchange Commission as established from time-to-time together with such other information as Lender shall deem reasonably necessary to determine the value of Borrower’s PDP Reserves.
The Liquidation Analysis suggests that all of the Debtors’ reserves, inclusive of their PDP reserves and undeveloped acreage, would sell at a 38% discount to the PV-10 value for just the PDP Reserves.