The following describes the terms under which you may access and use the Manitok Energy Inc. (hereinafter referred to as “Manitok “) website (the “Website”) and any information posted on the Website.
By accessing the Website, you are agreeing to be bound by the terms of this Agreement, which may be updated by Manitok from time to time without notice to you. If you do not agree with the terms and conditions set out in this Agreement you may not access or use the Website or any information or materials contained therein. It is your responsibility to check for such changes, and to stop using the Website if you do not agree with any such change.
Subject to the terms of this Agreement, you are granted a limited license only to display and print the materials and information contained on the Website for your own personal, non-commercial use, provided that such materials and information are not modified and that any copyright and other intellectual property notices are not deleted. You may not create derivative works from or otherwise reproduce, modify, republish or disseminate any materials or information contained on the Website.
The materials and information found in the Website are protected under the laws of the Canada, United States of America and of other countries. Certain words, phrases, graphics, designs or logos used on the Website may constitute trademarks, service marks or trade-names of Manitok or of other entities.
DISCLAIMER OF WARRANTIES
THE WEBSITE, INCLUDING ALL MATERIALS AND INFORMATION CONTAINED THEREIN, IS PROVIDED "AS IS" AND "AS AVAILABLE" AND IS USED BY YOU AT YOUR SOLE RISK. MANITOK MAKES NO EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WHATSOEVER, INCLUDING THOSE IMPLIED BY STATUTE OR LAW, AND SPECIFICALLY DISCLAIMS THE SAME INCLUDING WITHOUT LIMITATION, ANY WARRANTIES OR REPRESENTATIONS OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT.
IN ADDITION, WITHOUT LIMITING THE FOREGOING, MANITOK DOES NOT REPRESENT OR WARRANT THAT THE WEBSITE OR THE MATERIALS OR INFORMATION CONTAINED THEREIN WILL MEET YOUR REQUIREMENTS OR THAT THEIR USE WILL BE UNINTERRUPTED OR ERROR FREE.
LINKS TO THIRD PARTY WEBSITES
Manitok does not control any third party website and is therefore not responsible for the content of any linked website or any link contained in a linked website. Linked websites, if any, are not part of the Website, and Manitok provides such links only as a convenience. The inclusion of any link does not imply endorsement, investigation or verification by Manitok of the linked website or any information contained therein.
Manitok Energy Inc. is headquartered in Canada. By accessing the Website, you acknowledge and agree that all matters relating to this Agreement and access to, or use of, the Website (including any of the materials or information contained therein), and the resolution of any dispute arising between the parties shall be governed and construed in accordance with the laws of the Province of Alberta and the laws of Canada applicable therein (without reference to conflicts of laws principles) and the parties to any such dispute attorn to the jurisdiction of the courts in the Province of Alberta.
Manitok's failure to insist upon or enforce strict performance of any provision of this Agreement shall not be construed as a waiver of any provision or right.
All references herein to Manitok shall be deemed to include any subsidiary, affiliate or successor of Manitok.
Certain statements contained in this Website / Presentations / Documents / News Releases / Reports (hereinafter referred to as “Website & Collateral”) may constitute forward-looking information and statements. All statements in this Website & Collateral, other than statements of historical fact, that address events or developments concerning Manitok Exploration Inc. ("Manitok") that Manitok expects to occur, are "forward-looking information and statements". Forward-looking information and statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "propose", "potential", "targeting", "intend", "could", "might", "should", "believe", "budgeted", "scheduled", "forecasts", and similar expressions or variations (including negative variations). In particular but without limiting the foregoing, this Website & Collateral contains forward-looking information and statements pertaining to the following: future oil, NGLs and gas production and cash flows; additions of future oil and gas reserves and future recovery factors; future drilling plans, locations and inventory and future seismic activity; predictability, stability and reliability of future oil and gas production; future exploration and development opportunities; future netbacks and capital expenditures; mergers and acquisitions; future debt reduction; and the volumes and estimated value of Corporation's oil and gas reserves; future results from operations and operating metrics; and future costs and expenses. All such forward-looking information and statements are subject to important risk factors and uncertainties, many of which are beyond Manitok’s ability to control or predict. Forward-looking information and statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause Manitok's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information and statements. Many of these assumptions are based on factors and events that are not within the control of Manitok and there is no assurance they will prove to be correct. Risk factors that could cause actual results to differ materially from those anticipated in these forward-looking information and statements include: the volatility of natural gas and oil prices; the limitations that Manitok's level of indebtedness may have on Manitok's financial flexibility; declines in the values of Manitok's natural gas and oil properties resulting in ceiling test write-downs; the availability of capital on an economic basis, including through planned asset monetization transactions, to fund reserve replacement costs; Manitok's ability to replace reserves and sustain production; uncertainties inherent in estimating quantities of natural gas and oil reserves and projecting future rates of production and the amount and timing of development expenditures; exploration and development drilling that does not result in commercially productive reserves; expiration of natural gas and oil leases that are not held by production; hedging activities resulting in lower prices realized on natural gas and oil sales and the need to secure hedging liabilities; uncertainties in evaluating natural gas and oil reserves of acquired properties and potential liabilities; the negative impact lower natural gas and oil prices could have on Manitok's ability to borrow; drilling and operating risks, including potential environmental liabilities; transportation capacity constraints and interruptions that could adversely affect Manitok's cash flow; potential increased operating costs resulting from legislative and regulatory changes such as those proposed with respect to commodity derivatives trading, natural gas and oil tax incentives and deductions, hydraulic fracturing and climate change; and losses possible from pending or future litigation.
Manitok's production forecasts are dependent upon many assumptions, including estimates of production decline rates from existing wells and the outcome of future drilling activity. Although Manitok believe the expectations and forecasts reflected in these and other forward-looking information and statements are reasonable, Manitok can give no assurance they will prove to have been correct. Such expectations and forecasts can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. New factors emerge from time to time and it is not possible for management to predict all such factors, and to assess in advance the impact of such factor on Manitok's business or the extent to which any factor, or combination of factors, may cause actual results that differ from those contained in any forward looking information or statements.
All of the forward-looking information and statements contained in this Website & Collateral are qualified by these cautionary statements. The reader of this Website & Collateral is cautioned not to place undue reliance on any forward-looking information and statements. Manitok expressly disclaims any intention or obligation to update or revise any forward-looking information and statements, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
The information contained in this Website & Collateral does not purport to be all-inclusive or to contain all information that a prospective investor may require. Prospective investors are encouraged to conduct their own analysis and reviews of Manitok and of the information contained in this Website & Collateral. Without limitation, prospective investors should consider the advice of their financial, legal, accounting, tax and other advisors and such other factors they consider appropriate in investigating and analyzing Manitok.
This Website & Collateral does not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to purchase or subscribe for any securities of Manitok nor shall they or any part of them form the basis of or be relied upon in connection therewith or act as any inducement to enter into any contract or commitment with respect to such securities. The information contained herein was not prepared in connection with an offering of securities and in no way constitutes an offering memorandum for the purposes of applicable securities law. Further, this Website & Collateral is for informational purposes only and must not be used or relied upon for the purpose of making any investment decision or engaging in any investment activity.
Neither Manitok nor any of its directors, officers, employees, agents or advisors make any reWebsite & Collateral or warranty in respect of the contents of this Website & Collateral or otherwise in relation to Manitok or any of its respective businesses. In particular, no reWebsite & Collateral or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information or opinions contained herein, which have not been independently verified. No person shall have any right of action (except in case of fraud) against Manitok or any other person in relation to the accuracy or completeness of the information contained in this Website & Collateral. The information contained in this Website & Collateral is provided as at the date hereof and is subject to amendment, revision and updating in any way without notice or liability to any party.
This document and its contents are confidential. It is being supplied to you solely for your information and may not be reproduced or forwarded to any other person, or published (in whole or in part) for any purpose.
Certain information contained herein has been prepared by third-party sources. The information provided herein has not been independently audited or verified, by Manitok. Manitok has used its best efforts to ensure the accuracy and completeness of the information presented.
In Canada, this Website & Collateral and its contents are directed only at "accredited investors" (as defined in National Instrument 45-106 Prospectus and Registration Exemptions). In the United States, this Website & Collateral and its contents are directed only at "qualified institutional buyers" (as defined in Rule 144A of the United States Securities Act of 1933, as amended ("U.S. Securities Act")) or "accredited investors" (as defined in Rule 501(a) of the U.S. Securities Act). Any activity to which this Website & Collateral relates is available only to such persons and will be engaged in only with such persons. By receiving this Website & Collateral you represent and warrant that you are a person who falls within the above description of persons entitled to so receive this Website & Collateral and that you agree to be bound by the provisions of this disclaimer.
(modified: January 5, 2014)