Avner Oil - Annual Report 2011 - Delek Energy Systems

operational conditions and/or regulatory changes and/or the supply and demandconditions in the natural gas market and/or actual performance of the reservoir. Theestimates and assumptions may be updated if additional information becomesavailable and/or as the result of a range of factors related to oil and natural gasexploration and production.(10) The Partnership declares that all of the above information has been prepared incompliance with the guidelines set out in the Petroleum Resources ManagementSystem (SPE-PRMS).Opinion of the appraiserThe reserves and contingent resources report prepared by NSAI at December 31, 2011 isattached to this report as Appendix E and includes the consent of NSAI to attach it to thisreport.Management declaration(1) Declaration date: March 28, 2012(2) Name of reporting corporation: Avner Oil Exploration Limited Partnership(3) Name of officer for assessment of the resources: Gideon Tadmor(4) We hereby confirm that the assessor received all the relevant information required toperform the work.(5) We hereby confirm that nothing came to our attention that indicates any dependencebetween the assessor and the Partnership.(6) We hereby confirm that the preparation of the resource assessment and thedisclosure therein are our responsibility.(7) We hereby confirm that to the best of our knowledge, the resources assessed by theassessor are the most relevant, accurate and updated estimates available to us.(8) We hereby confirm that no change has been made to the identity of the assessorpreparing the reserves report or the most recent contingent resources report issued bythe Partnership.(9) We agree to include this statement in this report.Gideon TadmorA-72