Examples of PUD Reserves in a sentence
See also, McCormack, John and Gordon Sick, 2001, Valuing PUD Reserves: A Practical Application of Real Option Techniques, Journal of Applied Corporate Finance, Winter, pp.
The Reserve Report as of December 31 of each year shall be prepared (i) with respect to PDP Reserves, by one or more Approved Petroleum Engineers and (ii) with respect to PDNP Reserves and PUD Reserves, either by Approved Petroleum Engineers or by the Borrower’s internal reserve engineering staff in accordance with the procedures used in the immediately preceding December 31 Reserve Report.
As of the date of determination, the sum of (i) PDP Reserves Value, plus (ii) PDNP Reserves Value, and plus (iii) PUD Reserves Value.
Borrower may exclude any Oil and Gas Properties subject to the BTA Development Agreement that are PUD Reserves and have not yet been earned pursuant to the terms of the BTA Development Agreement so long as BO has granted a perfected first priority Lien (subject only to Excepted Liens) in the BTA Development Agreement to Agent for the benefit of the Beneficiaries)), subject in each case to proper recording thereof.
All students must purchase a USB Flash drive for the purpose of storing digital images obtained in the lab.