Reserve Reports definition
Examples of Reserve Reports in a sentence
The estimates of such reserves and the standardized measure of such reserves as described in the Commission Documents, and reflected in the Reserve Reports referenced therein have been prepared in good faith and in a manner that complies with the applicable requirements of the rules under the Securities Act and the Exchange Act with respect to such estimates (except to the extent otherwise disclosed in the Commission Documents).
The Reserve Engineer was, as of the respective dates of the Reserve Reports prepared by it, and is, as of the date hereof, an independent petroleum engineer with respect to the Company and its Subsidiaries.
The information contained in the Commission Documents regarding estimated proved reserves of the Company is based upon the Reserve Reports.