1 Exhibit (a)(5) WRIGHT & COMPANY, INC. Petroleum Consultants March 21, 2001 Everflow Eastern Partners, L.P. 585 West Main Street Canfield, OH 44406 ATTENTION: Mr. William A. Siskovic Gentlemen: SUBJECT: SUMMARY REPORT Evaluation of Oil and Gas Reserves To the Interests of Everflow Eastern Partners, L.P. In Certain Appalachian Basin Properties Utilizing Constant Economics Effective December 31, 2000 Job 01.592 Wright & Company, Inc. has performed an evaluation to estimate proved reserves and cash flow from certain oil and gas properties to the subject interests. This evaluation was authorized by Mr. William A. Siskovic of Everflow Eastern Partners, L.P. (Everflow). Projections of the reserves and cash flow to the evaluated interests were based on economic parameters and operating conditions considered applicable as of December 31, 2000, and on projected changes in these parameters and conditions as specified by Everflow. This evaluation includes various economic and/or technical considerations which are outside the guidelines of the Securities and Exchange Commission (SEC) for disclosing reserves and cash flow in Form 10-K or other SEC filings. The following is a summary of the results of the evaluation effective December 31, 2000: PROVED PROVED TOTAL COMPANY INTERESTS DEVELOPED DEVELOPED PRODUCING NONPRODUCING TOTAL (PDP) (PDNP) PROVED NET RESERVES TO THE EVALUATED INTERESTS OIL, Mbbl: 913.426 0.000 913.426 GAS, Mmcf: 47,776.828 751.167 48,527.995 CASH FLOW (BTAX), M$ UNDISCOUNTED: 164,907.234 2,638.003 167,545.237 DISCOUNTED AT 10% PER ANNUM: 82,695.520 1,514.670 84,210.190 - -------------------------------------------------------------------------------- 5200 Maryland Way - Suite 100 2929 Briarpark Drive - Suite 326 Brentwood, Tennessee 37027 Houston, Texas 77042 (615) 370-0755 Fax (615) 370-0756 (713) 977-7655 Fax (713) 789-3591 mail@wrightandcompany.com 2 Mr. William A. Siskovic Everflow Eastern Partners, L.P. March 21, 2001 Page 2 The attached Definitions of Oil and Gas Reserves describe all categories of reserves and the Discussion describes the bases of this evaluation. It has been a please to serve you by preparing this evaluation. All related data will be retained in our files and are available for your review. Yours very truly, /s/ Wright & Company, Inc. Wright & Company, Inc. DRW/EKL/ssn Attachments Job 01.592/RPTLTR.DOC