Forward-Looking Statements
The information contained on this website contains certain forward-looking statements and information (collectively referred to herein as “forward-looking information”) Forward-looking information typically contains statements with words such as “anticipate”, estimate”, “expect”, “target”, “potential”, “could”, “should”, “would” or similar words suggesting future outcomes. Valuera cautions visitors to not place undue reliance on forward-looking information, as by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by Valeura. Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves are speculative activities and involve a significant degree of risk. Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which Valeura is operating and completing transactions; future production rates and associated operating netbacks and cash flow; future sources of funding; future economic conditions; future currency exchange rates; the ability to meet drilling deadlines and other requirements under licences and leases; and Valeura’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, Valeura’s work programs and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, fracing and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although Valeura believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.
The forward-looking information included in this website is expressly qualified in its entirety by this cautionary statement. See Valeura’s 2018 Annual Information Form for a detailed discussion of risk factors associated with Valeura.
Statements contained on this website related to “reserves” or “prospective resources” are deemed forward-looking statements as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and prospective resources can be profitably produced in the future. Specifically, forward-looking information contained herein regarding “reserves” and “prospective resources” may include: estimated volumes and value of Valeura’s oil and gas reserves; estimated volumes of prospective resources and the ability to finance future development; and, the conversion of a portion of prospective resources into reserves.
Additional information relating to Valeura is also available on SEDAR at www.sedar.com.