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This site is owned and maintained by Vecta
Energy Corporation. You agree to the following terms and
conditions when utilizing this site.
This website is not intended to be used
in a solicitation manner or for the offering of securities
in any jurisdiction. The material on this website is not
intended to modify, qualify, supplement or update information
disclosed under corporate and securities legislation of
any jurisdiction related to Vecta Energy and should not
be used for the purpose of making investment decisions concerning
Vecta Energy's securities. Printed copies of public disclosure
documents may be requested from Investor Relations at Vecta
Energy by telephoning (403) 265-7711.
Vecta Energy, its affiliates and related
companies shall not be liable for any claims, expenses,
loss of profits or damages (including direct, indirect,
special or consequential damages) arising from:
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the use of or dependence
on information contained in this website;
-
any error or omission
in such information or failure to update information in
a timely manner;
-
use of third party
websites linked to our website;
-
any Internet software
used in connection with our website, computer viruses,
or other destructive programs encountered as a result
of using our website; and
-
all other matters related
to this website
This Website contains forward-looking statements
and forward-looking information within the meaning of applicable
securities legislation. The use of any of the words "expect",
"anticipate", "continue", "estimate", "may", "will", "should",
"believe", "intend", "forecast", "plans", "guidance" and
similar expressions is intended to identify forward-looking
statements or information.
More particularly and without limitation,
this website and the documents posted herewith contain forward-looking
statements and information relating to the following:
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the performance characteristics
of the Corporation's oil, NGLs and natural gas properties;
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oil, NGLs and natural
gas production levels;
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the size of the oil,
NGLs and natural gas reserves;
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projections of market
prices and costs;
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supply and demand for
oil and natural gas;
-
expectations regarding
the ability to raise capital and to continually add to
reserves through acquisitions and development;
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future funds from operations;
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capital programs;
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debt levels;
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future royalty rates;
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future depletion, depreciation
and accretion rates;
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treatment under governmental
regulatory regimes and tax laws; and
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capital expenditure
programs.
The forward-looking statements and information
contained on this website are based on certain key expectations
and assumptions made by the Corporation, including expectations
and assumptions relating to prevailing commodity prices
and exchange rates, applicable royalty rates and tax laws,
future well production rates, the performance of existing
wells, the success of drilling new wells, the availability
of capital to undertake planned activities and the availability
and cost of labour and services.
Although the Corporation believes that
the expectations reflected in the forward-looking statements
and information on this website and in the documents are
reasonable, it can give no assurance that such expectations
will prove to be correct. Since forward-looking statements
and information address future events and conditions, by
their very nature they involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated due to a number of factors and risks. These
include, but are not limited to, risks associated with the
oil and gas industry in general, such as operational risks
in development, exploration and production, delays or changes
in plans with respect to exploration or development projects
or capital expenditures, the uncertainty of estimates and
projections relating to production rates, costs and expenses,
commodity price and exchange rate fluctuations, marketing
and transportation, environmental risks, competition, the
ability to access sufficient capital from internal and external
sources, changes in tax, royalty and environmental legislation.
Statements relating to "reserves" or "resources" are deemed
to be forward-looking statements, as they involve the implied
assessment, based on certain estimates and assumptions,
that the reserves described exist in the quantities predicted
or estimated, and can be profitably produced in the future.
Readers are cautioned that the foregoing list of factors
and risks is not exhaustive.
All references to dollars refer to Canadian
dollars unless otherwise stated. In addition, reference
is made to oil and gas in common units called barrel of
oil equivalent ("boe"). A boe is derived by converting six
thousand cubic feet of natural gas to one barrel of crude
oil (6 mcf:1bbl). This conversion may be misleading, particularly
if used in isolation, since the 6mcf:1bbl ratio is based
on an energy equivalency at the burner tip and does not
represent the value equivalency at the well head.
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