Grant of Limited, Revocable, Non-exclusive and Personal License
The information set out on this Website and the Content should not be used for the purpose of making investment decisions with respect to Parex’s securities or any other securities.
For public securities documents and public company information filed in relation to Parex, you are directed to documents on file with securities regulatory authorities, some of which may be accessed through the SEDAR website (www.sedar.com). Not all such documents and information are contained on this Website and the ones contained on this Website may not be current and you agree to not rely on the same.
Parex is subject to the securities laws of various jurisdictions. Information disclosed or provided by us pursuant to the securities laws of those jurisdictions is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through, or on this Website.
If you are contemplating trading in Parex’s securities, you agree to only review our documents filed with securities regulatory authorities, including at www.sedar.com, and seek the advice of an authorized investment advisor.
Material contained on or accessible through this Website or the Content is for information purposes only and is not intended to and does not constitute an offering or solicitation of securities in any jurisdiction.
Any forward-looking statements (the “Statements”) contained on the Website are based on various information and data and a number of assumptions, analytical methods and financial and other models, any or all of which may prove to be incorrect. Although Parex believes that the expectations reflected in such Statements, and the information and data and the assumptions, methods and models upon which they are based, are correct, undue reliance should not be placed on such Statements because Parex can give no assurance that they are, in fact, correct. Further, the industry involves risks and uncertainties and is subject to change and therefore the various assumptions, methods and models may prove to be incorrect. In addition to the assumptions and other factors which may be identified on the Website, these assumptions and factors may include: current commodity prices and royalty regimes; availability of skilled labour; timing and amount of capital expenditures; future exchange rates, the price of oil; the impact of increasing competition; conditions in general economic and financial markets; availability of drilling and related equipment; effects of regulation by governmental agencies; receipt of partner, regulatory and community approvals; royalty rates; future operating costs; effects of regulatory by governmental agencies; uninterrupted access to areas of Parex’ operations and infrastructure; recoverability of reserves and future production rates; the status of litigation; timing of drilling, completion and operational performance of wells; pipeline capacity; that Parex will have sufficient cash flow, debt or equity sources or other financial resources required to fund its capital and operating expenditures and requirements as needed; that Parex’ conduct and results of operations will be consistent with expectations; that Parex will have the ability to develop its oil and gas properties in the manner contemplated; current or, where applicable, proposed industry conditions, laws and regulations will continue in effect or as anticipated as described herein; that the estimates of Parex’ reserves volumes and the assumptions related thereto (including commodity prices and development costs) are accurate in all material respects; that Parex will fulfill the contractual obligations required to retain its right to explore, develop and exploit any of its undeveloped properties; and other matters. Readers are cautioned that the foregoing list of assumptions and factors is not exhaustive. Certain documents and information contained on this Website that contain Statements may also contain information on the assumptions, factors, risks and qualifications upon which such Statements were made.
Furthermore, any Statements contained on the Website are made as at the date of their posting and Parex does not undertake any obligation to update publicly or to revise any of the included Statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Additional information on these and other assumptions and factors that could affect Parex’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).
Framing of this Website or any Content, or linking to internal pages of this Website other than the home page located at http://www.parexresources.com/, without the express written permission of Parex is prohibited.
Parex and any of its related logos, graphics, designs and other marks are trademarks of Parex Resources Inc., or its licensors, and all rights related to such trademarks are reserved.
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YOU AGREE THAT THE FOREGOING SHALL APPLY EVEN IF SUCH DAMAGES ARE REASONABLY FORESEEABLE OR IF PAREX HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND SHALL APPLY NOTWITHSTANDING THE FAILURE OF THE ESSENTIAL PURPOSE OF ANY REMEDY.
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You acknowledge your understanding that the Internet, including email, is an inherently insecure and not fully dependable medium and/or means of communication or of obtaining information and that data and information may be lost, modified, distorted, intercepted, reviewed, or read while in transit. Further, the Content may not be complete or accurate when accessed, downloaded, viewed, or used by you. You agree that Parex shall have no liability whatsoever for any such loss, modification, distortion or interception, or for incomplete or inaccurate Content.
You also agree that, while you may send email messages to Parex by use of links in this Website, where and when the same are available, which availability Parex does not warrant or represent or otherwise, you understand the risks of using email. Parex cannot ensure that an email from you will not be intercepted or altered in transit, or that Parex will in fact receive it. If you wish to send information securely and confidentially to Parex, you should use more secure and reliable forms of communications such as regular mail or registered mail or courier.
Parex makes reasonable efforts to eliminate viruses and other malicious or destructive computer code or software, and to maintain adequate security, but Parex gives no condition or warranty that the Website will be free of such materials, or free from the results of hacking, cracking, or other malicious activities.
You access, view, download, and use the Content solely at your own risk and you warrant and represent that you have taken reasonable precautions by way of, without limitation, purchase and use of the latest anti-virus, anti-spyware, firewall, and other technological means to avoid any loss or damage to you from viruses or other such malicious code or content.
Hypertext links contained in the Website and linking to third party websites are provided to you as a convenience only. Such links are accepted by you “as is”, “where is”, and “as available”. Your use of such links will take you to websites that are controlled by third parties and not by Parex, and that are subject to change at any time. Parex accepts no obligation to monitor such links, or to change or remove them should the content of any such third party linked website be unavailable or objectionable or out of date, or any liability should it not do so in a timely fashion or at all. You therefore access such third party websites solely at your own risk and agree that in no event shall Parex be liable for the contents of any such website, or for any reliance by you upon such website or use of its contents.