Common use of Production Report and Lease Operating Statements Clause in Contracts

Production Report and Lease Operating Statements. Concurrently with any delivery of a Scheduled Reserve Report under Section 8.12(a) and Section 8.12(b), a report setting forth, for each calendar month during the then current fiscal year to the end of such calendar month on a production date basis, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 9 contracts

Sources: Senior Secured Credit Agreement (Phoenix Energy One, LLC), Senior Secured Credit Agreement (Phoenix Energy One, LLC), Senior Secured Credit Agreement (Phoenix Energy One, LLC)

Production Report and Lease Operating Statements. Concurrently with any each delivery of a Scheduled Reserve Report under certificate pursuant to Section 8.12(a) and Section 8.12(b8.12(c), a report setting forth, for each calendar month during the then current fiscal year to the end date of such calendar month on a production date basisReserve Report (to the extent production, sales, tax and expense data is then available), the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form setting forth the operator of record for the Oil and substance reasonably acceptable to the Administrative AgentGas Properties.

Appears in 6 contracts

Sources: Credit Agreement (Permian Resources Corp), Credit Agreement (Permian Resources Corp), Credit Agreement (Centennial Resource Development, Inc.)

Production Report and Lease Operating Statements. Concurrently with any With the delivery of a Scheduled (i) Reserve Report Reports under Section 8.12(a8.12 and (ii) quarterly financial statements under Section 8.01(b) for the first and Section 8.12(b)third fiscal quarters of each year, a report setting forth, for each calendar month during the then current fiscal year to the end of such calendar month date on a production date basis, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 4 contracts

Sources: Senior Revolving Credit Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp)

Production Report and Lease Operating Statements. Concurrently with any delivery of a Scheduled Reserve Report financial statements under Section 8.12(a8.01(a) and or Section 8.12(b8.01(b), a report setting forth, for each calendar month during the then current fiscal year to date through and including the end last day of such calendar month on a production date basisthe fiscal quarter for which financial statements are being delivered, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 4 contracts

Sources: Credit Agreement, Credit Agreement (New Source Energy Partners L.P.), Credit Agreement (New Source Energy Partners L.P.)

Production Report and Lease Operating Statements. Concurrently with any the delivery of a Scheduled any Reserve Report under to the Administrative Agent pursuant to Section 8.12(a) and Section 8.12(b), a report setting forth, for each calendar month during the then then-current fiscal year to the end of such calendar month on a production date basisdate, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas PropertiesProperties of the Borrower and the Restricted Subsidiaries, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 4 contracts

Sources: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)

Production Report and Lease Operating Statements. Concurrently with any the delivery of a Scheduled each Reserve Report under required to be delivered pursuant to Section 8.12(a) and Section 8.12(b), the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to the end of such calendar month on a production date basisdate, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas PropertiesProperties of the Loan Parties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 4 contracts

Sources: Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (Memorial Resource Development Corp.)

Production Report and Lease Operating Statements. Concurrently with any the delivery of a Scheduled any Reserve Report under to the Administrative Agent pursuant to Section 8.12(a) and Section 8.12(b)8.12, a report setting forth, for each calendar month during the then current fiscal year to the end of such calendar month on a production date basisdate, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (HighPoint Resources Corp), Credit Agreement (Petroquest Energy Inc)

Production Report and Lease Operating Statements. Concurrently with any the delivery of a Scheduled any Reserve Report under to the Administrative Agent pursuant to Section 8.12(a) and Section 8.12(b), a report setting forth, for each calendar month during the then then-current fiscal year to the end of such calendar month on a production date basisdate, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas PropertiesProperties of the Borrower and the Restricted Subsidiaries, and setting forth the related ad valorem, severance and production taxes Taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Gulfport Energy Corp)

Production Report and Lease Operating Statements. Concurrently with any the delivery of a Scheduled any Reserve Report under pursuant to Section 8.12(a) and Section 8.12(b)8.11 hereunder, a report setting forth, for each calendar month during the then current fiscal year to date through and including the end last day of such calendar month on a production date basisthe fiscal quarter for which financial statements are being delivered, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Berry Corp (Bry))