This information is provided “as is” and Condor Petroleum Inc., including its associated and affiliated companies, makes no representation, warranty or undertaking, expressed or implied, of any kind whatsoever with respect to the subject matter, accuracy or completeness of the information contained on this site. Condor Petroleum Inc. expressly disclaims any responsibility or liability for any warranties, expressed, implied or otherwise, including without limitation, any implied warranties of merchantability and fitness for a particular purpose.
In no event shall Condor Petroleum Inc., its directors, officers, employees, agents or advisors be liable for any losses of income or profits incidental, use of data contained herein, or for any indirect or consequential damages of any kind whatsoever, whether or not advised of the possibility of damages, arising out of or in connection with the use of the information contained herein.
This information may include technical inaccuracies or typographical errors and may be changed periodically.
All information contained in this Web Site is from sources believed to be reliable but cannot be guaranteed. It contains forward-looking statements that should not be construed as investment advice. Investment in the company mentioned herein involves a very high degree of risk and should not be considered without first reading the company’s most recent financial statements. Condor Petroleum Inc. is not responsible for any loss or damage arising from the use of this information.
Forward Looking Statements
This presentation may include certain “forward-looking statements”. All statements other than statements of historical fact, included herein, including, without limitation, statements regarding future plans and objectives of the company, are forward-looking statements that involve various risks, assumptions, estimates and uncertainties. These statements reflect the current internal projections, expectations or beliefs of the company and are based on information currently available to the company. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. All of the forward looking statements contained in this presentation are qualified by these cautionary statements and the risk factors described above. Furthermore, all such statements are made of the date this presentation is given and the company assumes no obligation to update or revise these statements.
An investment in the company is speculative due to the nature of the company’s business. The ability of the company to carry out its growth initiatives as described in this confidential PowerPoint presentation is dependent on the company obtaining additional capital. There is no assurance that the company will be able to successfully raise the capital required or to complete each of the growth initiatives described. Investors must rely upon the ability, expertise, judgment, discretion, integrity and good faith of the management of the company.
This website includes information pertaining to internal Condor generated estimates of Company resources effective January 20, 2015, which were prepared by a qualified reserves evaluator in accordance with National Instrument 51-101.
Statements relating to resources are deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the resources described exist in the quantities predicted or estimated. The resource estimates of Condor’s properties described herein are estimates only. The actual resources may be greater or less than those calculated. Estimates with respect to resources that may be developed and produced in the future are often based upon volumetric calculations, probabilistic methods and analogy to similar types of resources, rather than upon actual production history. Estimates based on these methods generally are less reliable than those based on actual production history. Subsequent evaluation of the same resources based upon production history will result in variations, which may be material, in the estimated resources.
Prospective Resources disclosed herein are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective Resources have both an associated chance of discovery (geological chance of success) and a chance of development (economic, regulatory, market and facility, corporate commitment or political risks). The chance of commerciality is the product of these two risk components. These estimates have not been risked for either chance of discovery or chance of development. There is no certainty that any portion of the Prospective Resources will be discovered and, if discovered, there is no certainty that it will be developed or, if it is developed, there is no certainty as to either the timing of such development or whether it will be commercially viable to produce any portion of the resources. Unless otherwise stated, any reference to Prospective Resources refers to Gross, Mean Recoverable, Prospective Resources (Unrisked).