Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon its own expertise in legal, tax, reservoir engineering and other professional counsel concerning this transaction, the Assets and the value thereof.
Appears in 3 contracts
Sources: Purchase and Sale Agreement (Berry Petroleum Co), Purchase and Sale Agreement (Berry Petroleum Co), Purchase and Sale Agreement (Bill Barrett Corp)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering accounting, marketing, land, engineering, environmental and other professional counsel concerning this transaction, the Assets Subject Property and the value thereof.
Appears in 3 contracts
Sources: Purchase and Sale Agreement (Lucas Energy, Inc.), Purchase and Sale Agreement (Lucas Energy, Inc.), Purchase and Sale Agreement (Lucas Energy, Inc.)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, title, reservoir engineering engineering, environmental and other professional counsel concerning this transaction, the Assets and Properties, the value thereofthereof and title thereto.
Appears in 3 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Goodrich Petroleum Corp)
Independent Evaluation. Buyer Purchaser is an experienced and knowledgeable investor in the oil and gas businessbusiness and is experienced with the usual and customary practices of producers such as Sellers. Buyer has been advised by In making the decision to enter into this Agreement and consummate the transactions contemplated hereby, Purchaser has relied solely upon on the basis of its own expertise in independent due diligence investigation of the Assets, relying upon Purchaser’s own legal, taxfinancial, reservoir engineering and other professional counsel concerning this transaction, the Assets technical expertise and the value thereofadvisors.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Sanchez Energy Corp)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon its own expertise in legal, tax, reservoir engineering and other professional counsel concerning this transactionTransaction, the Assets and the value thereof. Buyer has been afforded the opportunity to inspect the Assets and records relating thereto.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Aspen Exploration Corp), Purchase and Sale Agreement (Venoco, Inc.)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and its own inspection of the Subject Property and legal, tax, reservoir engineering accounting, marketing, land, engineering, environmental and other professional counsel concerning this transaction, the Assets Subject Property and the value thereof.
Appears in 2 contracts
Sources: Working Interest Purchase and Sale Agreement (Cardinal Energy Group, Inc.), Leasehold Purchase and Sale Agreement (Cardinal Energy Group, Inc.)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering and other professional counsel concerning this transaction, the Assets Property and the value thereof, as determined by Buyer's examination of Seller's records and inspection of the Property, and the representations, warranties and covenants made by the Seller in this Agreement.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Harcor Energy Inc), Purchase and Sale Agreement (Harcor Energy Inc)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering engineering, environmental and other professional counsel concerning this transaction, the Assets Subject Property and the value thereof.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP), Purchase and Sale Agreement (New Frontier Energy Inc)
Independent Evaluation. Buyer BUYER is an experienced and knowledgeable investor in the oil and gas business. Buyer BUYER has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering and other professional counsel concerning this transaction, the Assets and the value thereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Chaparral Resources Inc)
Independent Evaluation. Buyer BUYER is an experienced and knowledgeable investor and operator in the oil and gas business. Buyer In making the decision to enter into this Agreement, BUYER has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering and other professional counsel concerning this transaction, the Assets Property and the value thereof.
Appears in 1 contract
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas businessbusiness and the business of owning and operating oil and gas properties. In making the decision to enter into this Agreement and to consummate the transactions contemplated hereby, Buyer has been advised by relied on (i) its own independent due diligence investigation of the Properties, and has relied solely upon (ii) its own expertise in and legal, land, tax, reservoir engineering engineering, and other professional counsel concerning this transaction, the Assets Properties, and the value thereof.
Appears in 1 contract
Independent Evaluation. Buyer acknowledges that it is an experienced and knowledgeable investor in the oil and gas business, and the business of purchasing, owning, developing and operating oil and gas properties. In making the decision to enter into this Agreement and to consummate the transactions contemplated hereby, Buyer has relied solely upon its own independent due diligence investigation of the Company, the Membership Interests and the Participation Agreement and it has been advised by and has relied solely upon on its own expertise in and its own legal, tax, reservoir engineering financial and other professional counsel and advisors concerning this transaction, the Assets and the value thereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Velocity Oil & Gas, Inc.)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Except for the representations, warranties and indemnities provided by Seller under this Agreement, Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering engineering, environmental and other professional counsel concerning this transaction, the Assets Subject Property and the value thereof.
Appears in 1 contract
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering title, engineering, environmental and other professional counsel concerning this transaction, the Assets and Assets, the value thereofthereof and title thereto. Buyer has been provided access to Seller’s files and title information at Buyer’s sole risk and without warranty or representations to the accuracy or completeness thereof and has undertaken its own independent investigation and review of such information and has satisfied itself as to the title of the Assets.
Appears in 1 contract
Sources: Purchase and Sale Agreement (BreitBurn Energy Partners L.P.)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering engineering, environmental and other professional counsel concerning this transaction, the Assets Units and the value thereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, title, reservoir engineering engineering, environmental and other professional counsel concerning this transaction, the Assets and Property, the value thereofthereof and title thereto.
Appears in 1 contract
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon its own expertise in and its own legal, tax, reservoir engineering and other professional counsel counsel, concerning this transaction, the Assets and the value thereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Williams Companies Inc)
Independent Evaluation. Buyer Seller is an experienced and knowledgeable investor in the oil and gas business. Buyer Seller has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering engineering, environmental and other professional counsel concerning this transaction, the Assets Subject Property and the value thereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP)
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. In making the decision to enter into this Agreement, Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering and other professional counsel concerning this transaction, the Assets Property and the value thereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement
Independent Evaluation. Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering accounting, marketing, land, engineering, environmental and other professional counsel concerning this transaction, the Assets Subject Property and the value thereof. Buyer is acquiring Subject Property in “as is” condition without warranty as to merchantability or fitness for a particular purpose.
Appears in 1 contract
Sources: Working Interest Purchase and Sale Agreement (Cardinal Energy Group, Inc.)
Independent Evaluation. Buyer BUYER is an experienced and knowledgeable investor in the oil and gas business. Buyer BUYER has been advised by and has relied solely upon on its own expertise in and legal, tax, reservoir engineering and other professional counsel concerning this transaction, the Assets Property and the value thereof.
Appears in 1 contract
Sources: Share and Pipeline Purchase Agreement (Stone Energy Corp)