Forward Looking Statements
Some of the statements contained herein including, without limitation, financial and business prospects and financial outlooks are forward-looking statements which reflect Management's expectations regarding future plans and intentions, growth, results of operations, performance, business prospects and opportunities and in particular all information regarding enhanced growth opportunities, well prospects and potential in Pembina/Crossfire and Northeast British Columbia, and the Company's 2010 Capital Expenditure. There is no assurance that the growth opportunties will materialize that the drilling plan will be affected, or that the capital expenditure estimates will not change.
In particular, this website contains forward-looking statements pertaining to the following:
- the quality of reserves;
- oil and natural gas production levels;
- capital expenditure programs;
- projections of market prices and costs;
- supply and demand for oil and natural gas; and
- expectations regarding the Corporation's ability to raise capital and to continually add to reserves through acquisitions and development.
The Corporation's actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors set forth below and elsewhere in this website:
- volatility in market prices for oil and natural gas;
- liabilities and risks inherent in oil and natural gas operations;
- uncertainties associated with estimating reserves;
- competition for, among other things, capital, acquisitions or reserves, undeveloped lands and skilled personnel;
- geological, technical, drilling and processing problems.
Words such as “may”, “will”, “should”, “could”, “anticipate”, “believe”, “expect”, “intend”, “plan”, “potential”, continue” and similar expressions have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements including, factors affecting the oil and gas industry, the availability of labour and services at a reasonable cost to the Company, the limited window for drilling in Northeast British Columbia, the price of oil and gas in the marketplace, changes in general economic and markets conditions and other risk factors. Although the forward-looking statements contained within are based upon what management believes to be reasonable assumptions, management cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances unless required under securities laws.
