Forward Looking Statements
The information herein (“Information”) includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included in this Information, regarding our strategy, future operations, financial position, estimated revenue and projected costs, prospects, guidance, plans, and objectives of management are forward-looking statements. When used in this Information, the words “could,” “may,” “will,” “believe,” “anticipate,” “intend,” “estimate,” “expect, “guidance,” “project,” “goal,” “plan,” “potential,” “probably,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. However, whether actual results and developments will confirm expectations is subject to a number of material risks and uncertainties, including but not limited to statements regarding strategy and prospects, statements about resource potential, declines in oil, natural gas liquids or natural gas prices; the level of success in development and production activities; adverse weather conditions that may negatively impact development or production activities; changes in laws affecting the oil and gas business and regulatory risks related to the Company's proposed activities particularly with respect to operations and CO2 storage; the extent and the timing of expenditures; inaccuracies of reserve estimates or assumptions underlying them; revisions to resource or reserve estimates; and the Company’s ability to generate sufficient cash flow from operations to meet the internally funded portion of its planned expenditures. Such statements are subject to certain risks. All forward-looking statements in the Information are expressly qualified by the cautionary statements and by reference to the underlying assumptions that may prove to be incorrect.
The Company undertakes no obligation to revise the forward-looking statements to reflect events or circumstances that arise after the date hereof, except as required by applicable law. The financial and operating estimates contained in this Information represent our reasonable estimates as of the date of this Information. Neither our independent auditors nor any other third party has examined, reviewed, or complied with the estimates as of the date of this Information. Neither our independent auditors nor any other third party has examined, reviewed, or compiled the estimates, and, accordingly, none of the foregoing expresses an opinion or other form of assurance with respect thereto. The assumptions upon which the estimates are based are summarized herein. Some of these assumptions inevitably will not materialize, and unanticipated events may occur that could affect our results. Therefore, our actual results achieved during the periods covered by the estimates will vary from the estimated results. Investors are not to place undue reliance on the estimates included herein.