Legal Notice
This site is owned and operated by Calvalley Petroleum Inc. By using this site, you agree to the following terms and conditions.
Website Protected by Copyright and Trademark
All material on this website is protected by copyright. The material may be used and copied for non-commercial, personal or educational purposes, provided that this material is not modified and that copyright or trademark notices are not deleted. Any other use of this material without Calvalley Petroleum Inc.’s written permission is prohibited.
Except as otherwise noted, the trademarks and logos displayed on this website belong to Calvalley Petroleum Inc. and may not be used without Calvalley Petroleum Inc.’s written permission. Written permission is also required to use any third party trademark displayed on this website.
Website is Provided as a Service Only
This website is not intended as a solicitation or offering of securities in any jurisdiction. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to Calvalley Petroleum Inc. and should not be used for the purpose of making investment decisions concerning Calvalley Petroleum Inc. securities. Printed copies of public disclosure documents may be obtained from Renmark Financial Communications Inc.
Currency of Website
Calvalley Petroleum Inc. updates the information on this website regularly. However, Calvalley Petroleum Inc. cannot guarantee the accuracy, currency or completeness of the information at all times.
Calvalley Petroleum Inc. Not Responsible for Linked Websites
Calvalley Petroleum Inc. provides links to third party websites for your convenience only and the inclusion of these links does not imply that Calvalley Petroleum Inc. monitors or endorses these websites. Accordingly, Calvalley Petroleum Inc. accepts no responsibility for such websites.
Calvalley Petroleum Inc. Not Responsible for Internet Software or Computer Viruses
Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information contained on this website. Computer viruses or other destructive programs may also be inadvertently downloaded from the website. Calvalley Petroleum Inc. shall not be liable for Internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.
Exclusion of Liability
Calvalley Petroleum Inc. shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), loss of profits, opportunities or information arising from:
- the use of or reliance on information contained in this website;
- any inaccuracy or omission in such information or failure to keep the information current;
- use of any third party websites linked to this website;
- any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website; and
- any other matter connected with this website; even if Calvalley Petroleum Inc. is made aware of the possibility of such claims, expenses, damages or losses.
Internet E-mail
Please feel free to e-mail Calvalley Petroleum Inc. at inquiries@calvalleypetroleum.com. Please be aware, however, that the Internet is not a fully secure medium and any communication may be lost, intercepted or altered. Calvalley Petroleum Inc. is not liable for any damages related to communications to or from this website.
You agree with respect to any information provided to Calvalley Petroleum Inc. through this website that:
- Calvalley Petroleum Inc. has no obligation concerning such information;
- the information is non-confidential;
- Calvalley Petroleum Inc. may use, disclose, distribute or copy the information and may use any ideas, concepts or know-how contained in the information for any purpose; and;
- the information is truthful and disclosure of the information does not violate the legal rights of others.
Forward Looking Statements
Certain statements on this website constitute “forward-looking statements”. Such statements are generally identifiable by the terminology used such as “plan”, “expect”, “estimate”, “budget”, “outlook”, or other similar words, and include statements relating to future production associated with our Yemen project.
The forward-looking statements are subject to known and unknown risks and uncertainties and other factors which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. Such factors include, among others: market prices for oil and gas; the ability to explore, develop, produce and transport crude oil and natural gas to markets; the results of exploration and development drilling and related activities; foreign-currency exchange rates; economic conditions in the countries and regions where Calvalley Petroleum Inc. carries on business; actions by governmental authorities including increases in taxes, changes in environmental and other laws and regulations; renegotiations of contracts; and political uncertainty, including actions by insurgent or other armed groups or other conflict. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such factors are interdependent upon other factors, and management’s course of action would depend on its assessment of the future considering all information then available. Any statements as to possible commerciality, development plans, capacity expansions, drilling of new wells, ultimate recoverability of reserves, future production rates, cash flows and changes in any of the foregoing are forward-looking statements.
Although we believe that the expectations conveyed by the forward-looking statements are reasonable based on information available to us on the date such forward-looking statements were made, no assurances can be given as to future results, levels of activity and achievements. Additional information on these and other factors that could affect Calvalley’s operations or financial results are included in Calvalley’s reports on file with Canadian securities regulatory authorities.
In 2003, Canadian regulatory authorities adopted National Instrument 51-101 — Standards of Disclosure for Oil and Gas Activities (NI 51-101) which prescribe that Canadian companies follow certain standards for the preparation and disclosure of reserves and related information. NI51-101 requires that we make the following disclosures.
- We use oil equivalents (boes) to express quantities of natural gas and crude oil in a common unit. A conversion ratio of 6 mcf of natural gas to 1 barrel of oil is used. Boes may be misleading, particularly if used in isolation. The conversion ratio is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.