TSX: DXI        OTCQB: DXIEF

Reserves Committee

Members: A. Ross Gorrell (Chairman), Ronnie Bozzer, Stan Page

Primary roles and responsibilities:

 

  • reviewing the Company’s procedures relating to the disclosure of information with respect to oil and gas activities;
  • reviewing the Company’s procedures for providing information to the qualified reserves evaluator or auditor who reports on reserves data;
  • meeting with management and the qualified reserves evaluator or auditor to review the reserves data and the report of the qualified reserves evaluator or auditor and to determine whether any restrictions affect the ability of the qualified reserves evaluator or auditor to report on reserves data without reservation;
  • reviewing and recommending to the Board for approval the content and filing of the Company’s annual statement of reserves data and other oil and gas information;
  • reviewing and recommending to the Board for approval the filing of the annual report on reserves data by the qualified reserves evaluator or auditor;
  • reviewing and recommending to the Board for approval the content and filing of the Company's annual report of management and directors on oil and gas disclosure; and
  • in respect of matters within the Reserves Committee’s purview and delegation, assisting the Board in its oversight of the Company’s compliance with legal and regulatory requirements.

 

Reserves Charter DXI Energy Inc.

 

DXI ENERGY