Information contained in this PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) website is for information purposes only. The website and the information (including changes to the terms herein) may be changed or updated from time to time without notice. In consideration for using PrairieSky’s website, the visitor agrees to hold PrairieSky and its affiliates and subsidiaries, and their respective directors, officers, employees and agents harmless against any claims for damages or costs or any loss of any kind arising out of the access to or use of this website or any information contained in or obtained through this website. As visitors access this website on a server in Alberta, Canada, the information contained in this website is deemed to be provided in Alberta and is subject to Alberta law and the laws of Canada applicable therein. If you access this website from outside of Canada, you do so at your own risk and are responsible for compliance with local, national or international laws including, without limitation, securities laws and import and export laws.
Disclaimer of Warranties
In addition to the above disclaimers of warranties, PrairieSky hereby expressly disclaims any liability for errors or omissions in the information contained in this website. Information contained in this website does not constitute a solicitation or an offering of securities in any jurisdiction. Information that may be or was previously disclosed under corporate securities legislation of Canadian or other jurisdictions applicable to PrairieSky, e.g. Annual Report, Quarterly Reports, Annual Information Forms or press releases, is not intended in any way to be qualified, amended, modified or supplemented by information available in, through or on this website. Although PrairieSky believes this information to be correct at the time it is posted, PrairieSky does not warrant the accuracy, completeness or currency of this information at all times. All information contained in this website is provided on an as-is and as-available basis without any representations, warranties or endorsements whatsoever.
No warranty of any kind, implied, expressed or statutory, warranty of merchantability and non-infringement of intellectual property rights, third-party rights, title, and fitness for any particular purpose or freedom from computer viruses or other contaminating or destructive properties is given in conjunction with the information contained in this website.
Certain statements contained in this website constitute forward-looking statements and forward-looking information (collectively, “forward-looking statements”). These forward-looking statements relate to future events or the Company’s future performance. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result,” “are expected to,” “expects,” “will continue,” “is anticipated,” “anticipates,” “believes,” “estimated,” “intends,” “plans,” “forecast,” “projection,” “strategy,” “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. Statements relating to “reserves” or “resources” are forward-looking statements, as they involve the implied assessment, based on estimates and assumptions that the reserves and resources described exist in the quantities estimated, and can be profitably produced in the future.
You are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. Although PrairieSky believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. In addition, assumptions relating to such forward-looking statements generally include PrairieSky’s current expectations and projections made in light of, and generally consistent with, its historical experience and its perception of historical trends, including the conversion of resources into reserves and production as well as expectations regarding rates of advancement and innovation, generally consistent with and informed by its past experience, all of which are subject to the risk factors identified elsewhere in this website or in the Company’s public filings.
Furthermore, the forward-looking statements contained in this website are made as of the date such information was included on this website, and, except as required by law, PrairieSky does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this website are expressly qualified by this cautionary statement.
National Instrument 51-101 of the Canadian Securities Administrators imposes oil and gas disclosure standards for Canadian public companies engaged in oil and gas activities. The estimates of various classes of reserves (proved, probable, possible) in this website represent arithmetic sums of multiple estimates of such classes for different properties, which statistical principles indicate may be misleading as to volumes that may actually be recovered. You should give attention to the estimates of individual classes of reserves and contingent resources and appreciate the differing probabilities of recovery associated with each class. The Company also uses the terms resource play. Resource play is a term used to describe an accumulation of hydrocarbons known to exist over a large areal expanse and/or thick vertical section, which when compared to a conventional play, typically has a lower geological and/or commercial development risk and lower average decline rate.
In this website, certain natural gas production and reserves volumes may have been converted mathematically to equivalent barrels of oil (“BOE”) using the industry-accepted standard conversion of six thousand cubic feet (“Mcf”) to one barrel of oil (“bbl”). The 6:1 BOE ratio is based on an energy equivalency conversion method primarily applicable at the burner tip. It does not represent a value equivalency at the wellhead and is not based on either energy content or current prices. While the BOE ratio is useful for comparative measures and observing trends, it does not accurately reflect individual product values and might be misleading, particularly if used in isolation. As well, given that the value ratio, based on the current price of crude oil to natural gas, is significantly different from the 6:1 energy equivalency ratio, using a 6:1 conversion ratio may be misleading as an indication of value.
Exclusion of Liability
In no event shall PrairieSky be liable for any damages, including without limitation, direct or indirect, special, incidental or consequential damages, loss of profits, opportunities or information arising in connection with this website or with any linked website even if PrairieSky is made aware of the possibility of such damages, losses, claims or expenses.
Trademark and Copyright
All material and information found in this website is protected under the copyright and trademark laws of Canada and other applicable jurisdictions.
The display of trademarks, tradenames or design marks in this website does not imply that a license of any kind has been granted to any other party.
Any unauthorized use regarding publication, copying or modification of information on this website, including trademarks, tradenames and design marks, may violate applicable legislation and may result in legal action.
Links to Third Party Sites
This website contains links to third party sites. These links have been provided solely as a convenience for users of this website and do not constitute an endorsement by PrairieSky of the content of such third party sites. Links to this website may also be provided from other sites either known or unknown to PrairieSky. Access to any other website linked to or from this website is at your own risk. PrairieSky has not reviewed and is not responsible for the content of any third party sites linked to or from this website and does not make any representations regarding the privacy practices, content or accuracy of materials on such third-party sites.
Talk to Us
The Internet is not a fully secure medium and is subject to possible interception, loss, corruption, or alteration of communication. PrairieSky is not liable for any damages resulting from the transmission, interception or corruption of communications to or from this website. Any visitor to this website providing information to PrairieSky agrees that PrairieSky shall have no obligation with respect to such information and shall be free to use, distribute, disclose and reproduce the information to others and shall be free to use any ideas, concepts, know-how or techniques contained in the information for any purpose whatsoever. Any information provided by a visitor to the PrairieSky website shall be non-proprietary and deemed to be non-confidential and must be truthful, legal and not violate the rights of others.
Terms of Legal Notice Binding
Your access and use of this website constitutes your agreement to be governed by the contents of the Legal Notice set forth above. If you do not agree with them leave this website immediately.