Although the Company believes these expectations and assumptions are reasonable, there can be no assurance that they will prove correct or that the Offering will be completed on the proposed terms or at all. Actual results may differ materially due to risks and uncertainties, including changes in market conditions or investor demand, failure to obtain required approvals, operational risks associated with oil and gas exploration, development and production, changes in capital expenditure plans, uncertainty in production and cost estimates, commodity price and exchange rate fluctuations, marketing and transportation constraints, environmental risks, competition, access to capital, and changes in tariff, tax, royalty and environmental legislation. Additional risks are described in the Company’s continuous disclosure filings available on SEDAR+ at www.sedarplus.com.






