Forward-looking Statements / Reserves Estimates
Information in this corporate presentation contains forward-looking information that involves various risks, uncertainties and other factors. All information other than statements of historical fact is forward-looking information. The use of any of the words “anticipate,” “plan,” “continue,” “estimate,” “expect,” “may,” “will,” “project,” “should,” “believe”, “target”, “predict,” “pursue” and “potential” and similar expressions are intended to identify forward-looking information. The forward-looking information is not historical fact, but rather is based on the Company’s current plans, objectives, goals, strategies, estimates, assumptions and projections about the Company’s industry, business and future financial results. This information involves 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 information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this presentation should not be unduly relied upon.
Actual results could differ materially from those anticipated in this forward-looking information as a result of the risk factors set forth in the Company’s most recent annual information form dated March 10, 2016 (“AIF”), which is available on SEDAR at www.sedar.com.
In addition, any information and statements in this presentation relating to “reserves” and “resources” are deemed to be forward-looking information, 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. The assumptions relating to the Company’s reserves and resources are contained in the reports of GLJ Petroleum Consultants Ltd. (“GLJ”) and DeGolyer and MacNaughton Canada Limited (“D&M”), each dated effective December 31, 2015. There is no certainty that it will be commercially viable to produce any portion of the resources. The estimates of reserves and future net revenue for individual properties in this Presentation may not reflect the same confidence level as estimates of reserves and future net revenue for all properties, due to the effects of aggregation. For important additional information about the Company’s reserves and resources, please refer to the AIF. For additional information regarding the specific contingencies which prevent the classification of the Company’s Contingent Resources as reserves, please see “Independent Reserve and Resource Evaluations – Contingent Resources Estimates” in the AIF. “Contingent Resources”, “Best Estimate”, “Proved Reserves” and “Probable Reserves” have the meanings given to those terms in the AIF.
The forward-looking statements included in this presentation are expressly qualified by this cautionary statement. Athabasca does not undertake any obligation to publicly update or revise any forward-looking statements except as required by applicable securities laws.