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Terms of use

Thank you for visiting the Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) website.

 

Legal notice

This page tells you the terms of use on which you may make use of the website http://www.oryxpetroleum.com. By accessing or using this website, you accept these terms of use and you agree to be bound by them.

 

Modification of these conditions of use

Oryx Petroleum reserves the right to change these terms and conditions at any time and such modifications shall be effective immediately upon posting of such changes. You are therefore responsible for regularly reviewing these Terms of Use and additional terms or notices posted elsewhere on the website. Your continued access to this website shall be deemed your conclusive acceptance of the modified agreement.

 

Reliance on information posted

Information and material contained in this website is for information purposes only and does not constitute an offering of securities of Oryx Petroleum in any jurisdiction. The information contained in this website is for general information purposes only. Information and materials posted on this website are not intended to amount to advice which reliance upon should be placed. While we endeavour to keep the information up to date and correct, it may not be accurate, up to date or applicable to the circumstances of any particular case. None of Oryx Petroleum or its subsidiaries can accept any liability for any inaccuracies or omissions in this website and therefore disclaim all liability and responsibility arising from any reliance on such information by any visitor to this website or by anyone who may be informed of its contents. Readers should refer to Oryx Petroleum’s profile on SEDAR for additional information about Oryx Petroleum.

 

Copyright and trademark

Except as otherwise noted, Oryx Petroleum is the owner or the licensee of all intellectual property rights in this website and in the material published on it. All material on this website is protected by copyright under domestic and international copyright and trademark laws. All such rights are reserved.

 

The material may be used and copied for non-commercial, personal or educational purposes. You must not use any part of the materials on our site for commercial purposes without obtaining a license to do so from us or our licensors.

 

You must not modify the paper or digital copies of any materials you have taken from this website, copyright and trademark notices must not be deleted, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.

 

The status of Oryx Petroleum or its subsidiaries (and that of any identified contributors) as the authors of material on this website must always be acknowledged.

 

All other use of material on this website is strictly prohibited without express written permission from Oryx Petroleum or its relevant subsidiary.

 

Our liability

The information displayed on our website is provided without any guarantees, conditions or warranties as to its accuracy. To the extent permitted by law, Oryx Petroleum, its subsidiaries and third parties connected to us hereby expressly exclude:

 

(i)     all conditions, warranties and other terms which might otherwise be implied by statute, common law or the law of equity; and

(ii)   any liability for any direct, indirect or consequential loss or damage incurred by any user in connection with this website or in connection with the use, inability to use, or results of the use of our site, any websites linked to it and any materials posted on it, including, without limitation any liability for:

  • loss of income or revenue;
  • loss of business;
  • loss of profits or contracts;
  • loss of anticipated savings;
  • loss of data;
  • loss of goodwill; and
  • wasted management or office time.

 

Information about you and your visits to our site

We process information about you in accordance with our Privacy policy. By using our website, you consent to such processing and you warrant that all data provided by you is accurate.

 

Linked websites

Through our website you may be able to follow links to other websites which are not under our control. Neither Oryx Petroleum nor any of its subsidiaries are responsible for the content of any other website, including any website through which you may have gained access to our website or to which you may gain access from our website. We do not accept any liability in connection with any such sites or links. The inclusion of such a hyperlink does not signify that Oryx Petroleum or its subsidiaries have approved or endorse the third party’s website or its contents or that any such information has been investigated or verified. Oryx Petroleum takes no responsibility for the content, accuracy or timeliness for any information provided on third party websites.

 

Internet Communications

Due to technical difficulties typically found with the Internet, Internet software and data transmission incomplete copies of this website with inaccurate information may be loaded. Computer viruses or other destructive programs may also be accidentally downloaded from this website. Oryx Petroleum and its subsidiaries do not accept any liability for any Internet software, computer viruses or destructive programs that may be inadvertently downloaded from this website. We recommend that you install appropriate anti-virus or other protective software.

 

Access to the site

Every effort is made to keep our website up and running smoothly. However, Oryx Petroleum and its subsidiaries take no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control. In addition, Oryx Petroleum and its subsidiaries reserve the right, for whatever reason and at their discretion, to cancel, to modify, to amend, to suspend, to withdraw or stop access to whole or part of the site. Oryx Petroleum and its subsidiaries will not be liable if for any reason this website is unavailable at any time or for any period.

 

Forward-Looking Statements

Certain statements made in this website contain forward-looking information and statements. This website includes forward-looking statements regarding Oryx Petroleum and the industries in which it operates, including statements about, among other things, exploration and drilling activities, expectations, production, beliefs, plans, future oil prices, business and acquisition strategies, opportunities, objectives, prospects, assumptions, including those related to trends and prospects and future events and performance. Sentences and phrases containing or modified by words such as “anticipate”, “plan”, “continue”, “estimate”, “intend”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targets”, “projects”, “is designed to”, “strategy”, “should”, “believe” and similar expressions, and the negative of such expressions, are not historical facts and are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements should not be read as guarantees of future events, future performance or results, and will not necessarily be accurate indicators of the times at, or by which, such events, performance or results will be achieved, if achieved at all.

 

Forward-looking statements are based on information available at the time and/or management’s expectations with respect to future events that involve a number of risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.

 

In addition, information and statements in this website relating to reserves and resources are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated, and that the reserves and resources described can be profitably produced in the future. See “Reserves and Resources Advisory”.

 

Specific forward-looking statements contained in this website include, among others, statements, management’s beliefs, expectations or intentions regarding the following:

 

  • the ability of each of the Corporation and its partners to fund ongoing exploration and meet their respective financing and carry obligations with respect to the license areas of Oryx Petroleum;
  • the performance characteristics of Oryx Petroleum’s properties;
  • expectations as to first production from the Corporation’s license areas;
  • the Corporation’s potential future production levels;
  • exploration work plans, conceptual development and marketing plans;
  • the reserve and resource potential of Oryx Petroleum’s license areas;
  • the political, economic, regulatory and business stability of the jurisdictions in which Oryx Petroleum operates;
  • the Corporation’s budget and the Corporation’s expectations regarding the use of existing capital, its ability to develop reserves and resources and to add reserves and resources through exploration, acquisitions and development;
  • the amount, nature, timing and effects of the Corporation’s capital expenditures;
  • the Corporation’s plans for drilling wells and chance of success;
  • the Corporation’s plans for completion or acquisition of seismic data;
  • expectations regarding the negotiation of the Corporation’s contractual rights;
  • market prices and supply and demand fundamentals for oil and other commodities;
  • timing and amount of the Corporation’s potential future production, net revenues, forecasts of capital expenditures and future development plans;
  • the Corporation’s operating and other costs and expenses;
  • business strategies and plans of management;
  • anticipated benefits and enhanced shareholder value resulting from prospect development and acquisitions; treatment under the fiscal terms of PSCs, RECs, governmental regulatory regimes and royalty laws; oil reserves and resources quantities and the discounted present value of future net cash flows from these reserves and resources;
  • the ultimate recoverability of the Corporation’s reserves and resources;
  • ability to gain access to existing facilities or to build necessary facilities to sell future oil production, if any;
  • new venture opportunities and the completion of proposed acquisitions;
  • the timing and terms of government approvals and the timing and terms of any renewal or extension of any of the Corporation’s license areas;
  • timeframe for the Corporation to receive payment for production, and;
  • government/state participation in the Corporation’s development activities through the exercise of back-in rights.

 

Readers are cautioned that the foregoing list of forward-looking statements should not be construed as being exhaustive.

 

Although Oryx Petroleum believes these statements to be reasonable, the assumptions upon which they are based may prove to be incorrect. Furthermore, the forward-looking statements contained in this website are made as at a specific date and Oryx Petroleum does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

 

In making the forward-looking statements contained in this website, the Corporation has made certain assumptions regarding the timing and results of exploration activities, the cost of expenditures to be made by Oryx Petroleum, future crude oil prices, the Corporation’s ability to obtain and retain qualified staff and equipment in a timely and cost-efficient manner, the political situation and stability in jurisdictions in which Oryx Petroleum has licenses, the regulatory, legal and political framework governing the PSCs, RECs, royalties, taxes and environmental matters in the jurisdictions in which the Corporation conducts and will conduct its business and the interpretations of applicable laws, the ability to renew its licenses on attractive terms, the Corporation’s future production levels, the applicability of technologies for the recovery and production of the Corporation’s oil reserves and resources, operating costs, availability of equipment and qualified contractors and personnel, future capital expenditures to be made by the Corporation, future sources of funding for the Corporation’s capital programs, the Corporation’s future debt levels, geological and engineering estimates in respect of the Corporation’s reserves and resources, the geography of the areas in which the Corporation is conducting exploration and development activities, the impact of increasing competition on the Corporation; and the ability of the Corporation to obtain financing, and if obtained, to obtain acceptable terms.

 

Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and will not necessarily be accurate indicators of whether or not such events, performance or results will be achieved. Forward-looking statements are based on information available at the time and/or management’s expectations with respect to future events that involve a number of risks and uncertainties. Any forward-looking information concerning prospective results of operations, financial position, production, expectations of cash flows and future cash flows that is based upon assumptions about future results, economic conditions and courses of action are presented for the purpose of providing readers with a more complete perspective on Oryx Petroleum’s present and planned future operations. Such information may not be appropriate for other purposes and actual results may differ materially from those anticipated in such forward-looking statements.

 

Actual results could differ materially from those anticipated in or implied by any forward-looking statements, including without limitation, as a result of the risk factors, which are described in detail under section “Risk Factors” and other risks set out elsewhere in the Corporation’s annual information form dated March 23 2017. The forward-looking statements included in this website are expressly qualified by this cautionary statement and are made as at a specific date indicated on the particular information being provided. The Corporation does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. If the Corporation does update one or more forward-looking statements, it is not obligated to, and no inference should be drawn that it will, make additional updates with respect thereto or with respect to other forward-looking statements.

 

Contact

You can contact us at the following address: info@oryxpetroleum.com for all comments or questions relative to the present note.

 

Last Updated: October 02, 2017