SEC PV-10 definition
SEC PV-10 means estimated future net revenues from the production of --------- proved oil and gas reserves, net of all production-related taxes, lease operating expenses and capital costs, discounted by a factor of 10% per annum, before income taxes and with no price or cost escalation or de-escalation (except for any contract prices in effect as of the date of the reserve report), in accordance with guidelines promulgated by the Securities and Exchange Commission.
SEC PV-10 means the pretax present value of future estimated net revenues to be generated from the production of proved reserves calculated in accordance with SEC guidelines, net of estimated production and future development costs, using prices and costs as of the date of estimation without future escalation, without giving effect to non-property related expenses such as general and administrative expenses, debt service and depreciation, depletion and amortization, and discounted using an annual discount rate of 10%.
SEC PV-10 means the pretax present value of estimated future net revenues to be generated from the production of proved reserves calculated in