Legal

Important Notice

  • This document ("Agreement") sets out the terms and conditions governing your access to and use of the Wentworth Resources Limited Website (this "Website"), including all information, data, software, computer code, content and web pages contained in it ("the Content").
  • The following are the terms and conditions of a legal agreement between you ("Users") and Wentworth Resources Limited. By viewing, accessing, downloading, experiencing or otherwise using this Website or any of the Content, Users acknowledge, warrant and represent, knowing that Wentworth Resources Limited is relying on such warranty and representation, that Users have read and understood the terms and conditions of this Agreement and Users confirm, in consideration of Wentworth Resources Limited granting Users access to this Website, that Users have accepted and agreed to those terms and conditions.
  • This Agreement grants Users a limited licence to view, access, download, experience and use ("use") the Website and the Content but conveys no ownership or proprietary interest of any kind therein. This Agreement further disclaims liability and limits the legal rights, if any, of Users.
  • Therefore, Users are required to read this Agreement carefully and, if Users do not accept the terms and conditions set out in this Agreement, Users should not use this Website and should leave it immediately.

Important Notice Concerning Securities

All Content contained in or available through this Website is for information purposes only and is not intended to constitute an offering of securities of any kind in any jurisdiction. Information disclosed elsewhere or through other means under the corporate and securities laws of Canadian jurisdictions applicable to Wentworth Resources Limited is not intended to be, and is not in any way qualified, amended, modified, updated, replaced or supplemented by the Content or any information available in, through or on this Website.

Disclaimer

Except as otherwise required by law, or as otherwise expressly stated in writing by Wentworth Resources Limited, Wentworth Resources Limited disclaims and Users receive no warranties, representations, guarantees, covenants or conditions of any kind, express, implied or collateral, with respect to this Website or the Content, both of which are provided "as is", "where is" and "as available". Users use this Website and the Content, and further make or exercise any reliance thereon, voluntarily and solely at their own risk. Without limitation, Users waive and Wentworth Resources Limited disclaims any warranty or condition of merchantable quality, of non-infringement, or of fitness for a particular or general purpose, use or condition, and any warranty or condition arising from statute or otherwise in law or from a course of dealing or trade. Wentworth Resources Limited does not warrant that the Website will be continuously available or at all, nor does Wentworth Resources Limited warrant that the Content will be free of viruses, Trojan Horses or other harmful content resulting from malicious human action or technical malfunction.

Accuracy and Timeliness of Content

While any information and material contained in the Content are reasonably believed to by Wentworth Resources Limited to be accurate and complete at the time of their posting, and although Wentworth Resources Limited makes reasonable efforts to ensure that all such information and material remain current, accurate and complete, Wentworth Resources Limited accepts no liability, responsibility or obligation whatsoever to post, update, amend, review or remove such information, material or the Content or any portion thereof except as may be required by applicable law. Users acknowledge that such facts, information and material may change quickly and without notice and that such changes will take time to be posted to the Website, if they are posted at all. Wentworth Resources Limited may post, change, delete and amend Content without notice.

Exclusion of Liability

In no event will Wentworth Resources Limited, or its officers, directors, agents, shareholders, servants or employees, be liable to any User for any damages whatsoever, and howsoever caused, including without limitation, direct or indirect, special, incidental, moral or consequential damages, loss of profits, loss of opportunities or information, economic loss, or for any loss or expenses arising in connection with this Website or the Content, even if Wentworth Resources Limited is advised of the possibility of such damages, losses or expenses.

Submission of Information

Although Wentworth Resources Limited will make reasonable efforts to maintain any information you provide in confidence, you agree that, subject to applicable laws and Wentworth Resources Limited’s privacy policy, any information you provide or send to Wentworth Resources Limited through this Website will not be considered to be private, confidential or proprietary and will not be accepted as such by Wentworth Resources Limited. By submitting information to Wentworth Resources Limited through this Website, you represent and agree that such information is provided with your full consent and is not private, confidential or proprietary and that, subject to applicable laws and Wentworth Resources Limited’s privacy policy, Wentworth Resources Limited will be free to use such information as it sees fit or as may be required by law. You assign any copyrights in or to the contents of any information you send to Wentworth Resources Limited and you waive any and all moral rights therein. Wentworth Resources Limited shall own and be at liberty to freely use, without notice or payment of any compensation, any improvement, suggestion, invention or innovation you may send to Wentworth Resources Limited.

Forward Looking Statements

This Website and documents issued by Wentworth Resources Limited and available through this website contain information that constitutes “forward-looking information” or “forward-looking statements” (collectively “forward-looking information”) within the meaning of applicable Canadian securities legislation and the U.S. Private Securities Litigation Reform Act of 1995. This forward-looking information includes, among others, statements regarding:

  • business plans for drilling, exploration and development and estimated timing;
  • estimates of production, production growth, and operations;
  • timing and development of undeveloped reserves;
  • estimates of financial performance;
  • business strategy, priorities and plans;
  • estimated timing and results of new projects, including the timing of new production;
  • estimated amounts and timing and sources of capital expenditures and program;
  • estimates of future sales;
  • planned dispositions and/or acquisitions and associated timing and anticipated use of proceeds from dispositions;
  • anticipated government approvals and the treatment of Wentworth Resources Limited under governmental regulatory regimes;
  • the merits or anticipated outcome or timing of any pending litigation;
  • estimated royalty rates and exchange rates;
  • estimates of operating costs;
  • expected availability and number of rigs;
  • anticipated liquidity, capital resources and debt levels;
  • expected movements in working capital;
  • expected impact of accounting pronouncements;
  • expected asset life;
  • anticipated schedule for completion of pipelines, processing plants and power generation projects; and
  • other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance.

Statements relating to reserves or resources are also deemed to be forward-looking information, as they involve the implied assessment, based on certain estimates and assumptions that the reserves and resources described can be profitably produced in the future.

Often, but not always, forward-looking information uses words or phrases such as:“expects”, “does not expect” or “is not expected”, “anticipates” or “does not anticipate” “plans” or “planned”, “estimates” or “estimated”, “projects” or “projected”, “forecasts” or “forecasted”, “believes”, “intends”, “likely”, “possible”, “probable”, “scheduled”, “positioned”, “goal”, “objective” or states that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.
Various assumptions were used in drawing the conclusions or making the forecasts and projections contained in the forward-looking information contained on this Website. Assumptions relating to forward-looking statements generally include Wentworth Resources Limited’s expectations and projections in light of, and generally consistent with, its historical experience and its perception of historical trends, as well as expectations regarding rates of advancement and innovation, generally consistent with and informed by its past experience. Assumptions relating to forward-looking statements include assumptions concerning prevailing and future commodity prices and exchange rates, applicable royalty and tax rates, future well production rates, the performance of existing and future wells, the sufficiency of budged capital expenditures, the availability and cost of labour, services and equipment, adequate weather and environmental conditions and the ability to successfully construct or expand facilities. Information regarding oil and gas reserves and resources, business plans for drilling, exploration, development and appraisal assumes that the extraction of crude oil, natural gas and natural gas liquids remains economic.
Undue reliance should not be placed on forward-looking information. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks, which could cause actual results to vary and in some instances to differ materially from those anticipated by Wentworth Resources Limited and described in the forward-looking information contained on this Website. The material risk factors include, but are not limited to:

  • the risks of the oil and gas industry, such as operational risks in exploring for, developing and producing crude oil and natural gas, market demand and unpredictable facilities outages;
  • risks and uncertainties involving geology of oil and gas deposits;
  • the uncertainty of reserves and resources estimates, reserves life and underlying reservoir risk;
  • the uncertainty of estimates and projections relating to production, costs and expenses;
  • the impact of the economy on the ability of the counterparties to the company’s commodity price derivative contracts to meet their obligations under the contracts;
  • potential delays or changes in plans with respect to exploration or development projects or capital expenditures;
  • fluctuations in oil and gas prices, foreign currency exchange rates and interest rates;
  • the outcome and effects of any future acquisitions and dispositions;
  • health, safety and environmental risks;
  • uncertainties as to the availability and price of labour and equipment;
  • marketing and transportation risks;
  • competition;
  • uncertainties as to the availability and cost of financing and changes in capital markets;
  • risks in conducting foreign operations (for example, political and fiscal instability or the possibility of civil unrest or military action);
  • changes in general economic and business conditions;
  • the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; and
  • results of the company’s risk mitigation strategies, including insurance and any hedging activities.

The foregoing list of risk factors is not exhaustive.  Forward-looking information is based on the estimates and opinions of Wentworth Resources Limited’s management at the time the information is posted unless otherwise indicated. Wentworth Resources Limited assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change, except as required by law. The forward looking statements contained in this Website are expressly qualified by these cautionary statements.


Intellectual Proper Rights, Copyright and Trademarks

Users are granted a limited, non-exclusive, temporary and revocable licence to view, access, download, experience and use the Content contained in this Website for their personal purposes but receive no ownership or proprietary interest of any kind in or to the Content. The Content is subject to copyright ©, and is protected under the copyright laws of Canada and other countries, all rights reserved. Certain names, words, titles, phrases, logos, icons, graphics or designs in the pages of this Website may constitute trade names or trade-marks of Wentworth Resources Limited or its subsidiaries, or the use of which may have been licensed to them. The display of trade-marks or trade names on pages at this Website does not imply that a licence of any kind has been granted to Users or anyone else and any such licence, express or implied, is hereby disclaimed. Any unauthorized copying, downloading, transmission, retransmission, publication, republication, display, distribution or modification of material posted on this Website, including the content, trade-marks and trade names,  may violate federal, provincial, common or civil law, trade-mark law and copyright law, and may result in legal action.

Links to Third-Party Websites

Wentworth Resources Limited does not control any third-party Website and is therefore not responsible for the content of any linked Website, the functioning or availability of any such Website, or any link contained in a linked Website. Wentworth Resources Limited provides such links only as a convenience and the inclusion of any link does not imply, confirm or signify any endorsement, investigation or verification by Wentworth Resources Limited of the linked Website or information contained therein and Wentworth Resources Limited makes no warranty, representation, guarantee or condition with respect to any such Website.

Governing Law

This Agreement shall be construed and governed by the laws of the Province of Alberta, Canada, and the federal laws of Canada applicable therein, and shall be deemed to be a contract made in Alberta. Users agree that any dispute arising under this Agreement, or out of the Website, or out of the Contract shall be litigated only in the courts of the Province of Alberta and Users refer to the exclusive jurisdiction of the said courts.

Amendment and Updating

Wentworth Resources Limited may amend these terms and conditions from time to time. By using this Website, Users confirm and agree that they are bound by the most current terms and conditions of this Website and agree to periodically review this Agreement to determine the most current terms and conditions and, if the same are not acceptable, Users agree to immediately cease using this Website.

Disclosures

THIS PAGE CONTAINS IMPORTANT INFORMATION EXPLAINING YOUR RELATIONSHIP WITH THE OWNER OF THIS WEBSITE AND YOUR RIGHTS TO ACCESS AND USE INFORMATION ON THIS SITE. PLEASE READ THIS PAGE CAREFULLY.
This is the Website of Wentworth Resources Limited (the “Company”). The copyright and other rights in all the material on this Website are owned by the Company or validly licensed to the Company by the rights owners for inclusion on this Website.
The Company shall have no responsibility for access to this Website from jurisdictions whose laws prohibit such access or where any aspect of this Website may be illegal.
Information contained on this Website is for information purposes only. No information on this Website shall constitute an invitation to invest or otherwise deal in the securities of the Company. The information on this Website and documents issued by the Company and available through this Website do not constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in Canada, the United States or in jurisdictions where to do so would constitute a contravention of the relevant laws of such jurisdiction. This Website and the information included here may be changed or updated from time to time without notice. In no event will the Company be held liable for any claims for damages or costs or any loss of any kind arising out of the access to or use of this Website or any information contained in or obtained through this Website.
The Company hereby expressly disclaims any liability for errors or omissions in the information contained on this web site. The Company does not warrant the accuracy, completeness or currency of this information. The Company undertakes no duty to update the information contained herein after the date such information has been posted to this Website.

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