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"New Ideas with a Historical Perspective"
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| LEGAL |
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| General |
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The material contained herein
is provided for information purposes only and does not constitute
any offer to sell or a solicitation to buy any securities. Such an
offer may only be made by prospectus.
This Website is not intended to provide specific individual advice
including, without limitation, investment, financial, legal, accounting
or tax. Please consult with your own professional advisor regarding
your particular circumstances.
The information in this communication is subject to change without
notice and Tuscany Energy Ltd. will not be held liable for inaccuracies
in the information presented. Unauthorized downloading, re-transmission,
storage in any medium, copying, redistribution, reproduction, or republication
for any purpose is strictly prohibited. |
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| Copyright |
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| The contents of this Website
are protected by applicable copyright laws. No permission is granted
to copy, distribute, modify, post, or frame any text, graphics, video,
audio, software code or user interface design or logos. Unauthorized
use or exploitation of such marks and names is strictly prohibited. |
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| Internet E-mail
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E-mail over the Internet is
not a secure medium and privacy cannot be assured. Tuscany Energy Ltd.
will not assume any responsibility for any harm or damage you may
experience or incur by sending personal or confidential information
to Tuscany Energy Ltd. over the Internet by E-mail, or if we send such
information at your request.
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| Third Party Links
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| References in this Website
to third parties' goods or services are not endorsements or approval
of such goods or services. Links to other Websites are not endorsements
or approvals of such sites, the third parties named therein, or their
products and services, nor is any liability assumed for incompatibility,
non-suitability, viral infection, worms, trojan horses or other destructive/disruptive
components on or from such sites. |
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| Disclaimer of Liability
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Tuscany Energy Ltd. is not responsible
in any way for any damages (direct, indirect, special, economic, or
consequential) in respect of use of this Website, any of its content
or any Web browser.
Information contained on this site has been compiled from sources
believed to be reliable.
While every effort has been made to ensure accuracy and completeness,
these are not guaranteed. It is an express condition of the use of
this site that no liability be incurred by Tuscany Energy Ltd. or by
any contributor. |
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| BOE Presentation
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The term barrels of oil equivalent (BOE) may be misleading, particularly if used in
isolation. A BOE conversion ratio of 6 Mcf : 1 Bbl is based on an energy equivalency
conversion method primarily applicable at the burner tip and does not represent a
value equivalency at the wellhead. All BOE conversions in this report are derived by
converting gas to oil in the ratio of six Mcf of gas to one Bbl of oil.
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| Forward-Looking Statements
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Certain of the statements contained herein including, without limitation, financial
and business prospects and financial outlook, reserve and production estimates,
drilling and re-completion plans, timing of drilling, completion and tie in of
wells and capital expenditures and the timing thereof may be forward looking
statements. Words such as "may", "will", "should", "could", "anticipate",
"believe", "expect", "intend", "plan", "potential", "continue" and similar
expressions may be used to identify these forward looking statements. These
statements reflect management's current beliefs and are based on information
currently available to management. Forward looking statements involve significant
risk and uncertainties.
A number of factors could cause actual results to differ materially from the results
discussed in the forward looking statements including, but not limited to, risks
associated with oil and gas exploration, development, exploitation, production,
marketing and transportation, loss of markets, volatility of commodity prices,
currency fluctuations, imprecision of reserve estimates, environmental risks,
competition from other producers, inability to retain drilling rigs and other
services, incorrect assessment of the value of acquisitions, failure to realize
the anticipated benefits of acquisitions, delays resulting from or inability to
obtain required regulatory approvals and ability to access sufficient capital from
internal and external sources and risk factors outlined elsewhere herein.
The recovery and reserve estimates of Tuscany's reserves provided herein are
estimates only and there is no guarantee that the estimated reserves will be
recovered. As a consequence, actual results may differ materially from those
anticipated in the forward-looking statements. Readers are cautioned that the
foregoing list of factors is not exhausted. Additional information on these and
other factors that could effect Tuscany's operations and financial results are
included in reports on file with Canadian securities regulatory authorities and
may be accessed through the SEDAR website
(www.sedar.com).
Although the forward
looking statements contained herein are based upon what management believes to be
reasonable assumptions, management cannot assure that actual results will be
consistent with these forward looking statements. Investors should not place
undue reliance on forward looking statements. These forward looking statements
are made as of the date hereof and the Company assumes no obligation to update or
review them to reflect new events or circumstances except as required by applicable
securities laws.
Forward looking statements and other information contained herein concerning the
oil and gas industry and the Company's general expectations concerning this industry
is based on estimates prepared by management using data from publicly available
industry sources as well as from reserve reports, market research and industry
analysis and on assumptions based on data and knowledge of this industry which the
Company believes to be reasonable. However, this data is inherently imprecise,
although generally indicative of relative market positions, market shares and
performance characteristics. While the Company is not aware of any misstatements
regarding any industry data presented herein, the industry involves risks and
uncertainties and is subject to change based on various factors.
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