Notice to Reader
Legal Advisory and Conditions of Use
Information contained in this website is for information purposes only. This website is owned and operated by Kallisto Energy Corp ("Kallisto" or the "Corporation") and may be changed or updated from time to time without notice. In consideration for using the Kallisto website, the visitor agrees to hold Kallisto and its affiliates and subsidiaries, and their respective directors, officers, employees and agents harmless against 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.
If users do not accept the terms and conditions set out in this notice, users should not use this website and should leave it immediately.
As visitors access this website on a server in Alberta, Canada, the information contained in this website is deemed to be provided in Alberta and is subject to Alberta law and the laws of Canada applicable therein. If you access this website from outside of Canada, you do so at your own risk and are responsible for compliance with local, national or international laws including, without limitation, securities laws and import and export laws.
Website Protected by Copyright and Trade-mark
All material and content included on this website (including, without limitation, the design, text, graphics, trade-marks, service marks, logos, slogans and internet domain names as well as any audio or video) is the exclusive property of Kallisto or its licensors and is protected by international copyright, trade-mark, service mark, patent, or other proprietary rights and laws. All such rights therein are expressly reserved by Kallisto.
None of the material may be downloaded, copied, reproduced, republished, posted, transmitted, stored, sold or distributed without the prior written permission of Kallisto. The Kallisto name and logo are trade-marks and copyrights of Kallisto.
This legal notice does not apply to linked websites. Each website should be checked for the legal notice applicable to it. Kallisto is not responsible for the terms and conditions of use in place on linked websites that Kallisto does not control.
Third Party Websites
Kallisto provides links to third party websites for your convenience only. The inclusion of these links does not imply that Kallisto monitors, investigates, verifies or endorses these websites, and accordingly, their use is at your own risk.
Internet Software or Computer Viruses
Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of material contained on this website when displayed or downloaded onto your computer. Computer viruses or other destructive programs may also be inadvertently downloaded from the website. Kallisto recommends that you install appropriate anti-virus or other protective software.
Exclusion of Liability
Although Kallisto updates this website with material it believes to be accurate at the time it is posted, Kallisto does not warrant the accuracy, completeness, timeliness or currency of the material at all times. Kallisto expressly disclaims any liability for errors or omissions in the material contained in this website. All material and information contained in this website is provided on an as-is and as-available basis. Your use of this website is at your own risk.
In addition, no warranty of any kind, whether implied, expressed or statutory, including but not limited to, warranties as to non-infringement of intellectual-property rights or third-party rights, title, latent defects, uninterrupted service, merchantability, fitness for a particular purpose and freedom from computer viruses is given by Kallisto in conjunction with the use of this website, the material contained in this website or software algorithms. The material on this website is not intended to provide tax, business, investment or legal advice to any individual or entity. Kallisto expressly disclaims liability for errors or omissions in any software algorithms. In no event shall Kallisto be liable for any damages (including without limitation direct, indirect, special, moral, incidental or consequential damages), claims, expenses, costs, loss of profits, loss of opportunities or loss of information arising from the use of this website including, but not limited to, the use of or reliance on material contained in or obtained through this website; any inaccuracy or omission in such material or failure to keep the material current; use of any third party websites linked to this website; any internet software or software algorithms used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website; inability to use this website due to, among others, interruption, delay in operation or transmission, defect, computer virus or line or system failure; and any other matter connected with this website, even if Kallisto is made aware of the possibility of such claims, expenses, damages, costs or losses.
Material contained in or accessible through this website is for information purposes only and is not intended to and does not constitute a solicitation offering of securities in any jurisdiction, nor should it be used for the purpose of making investment decisions with respect to Kallisto's securities. Kallisto does not assume any duty of disclosure beyond that which is required by applicable law.
Users should not rely on any opinion or other information set out in the website or any website accessible through this website when making business, financial, personal or other decisions. Kallisto and its service providers do not endorse the opinions of any third party expressed on the website or any website accessed through the website.
This website does not constitute and should not be construed as an offer to sell or a solicitation of an offer to buy securities in any jurisdiction.
Kallisto is subject to the securities laws of various jurisdictions. Information disclosed or provided by Kallisto pursuant to the securities laws of those jurisdictions is not intended to be in any way qualified, amended, modified or supplement the information otherwise available in, through, or on this website. Kallisto's filed disclosure documents can be viewed at www.sedar.com.
Certain information in this website may constitute "forward-looking statements" within the meaning of applicable securities legislation. These forward-looking statements can generally be identified by words such as 'believes', 'anticipates', 'expects', 'plans', 'estimates' or words of a similar nature. The reader is cautioned that assumptions used in the preparation of such information, although considered to be reasonable at the time of preparation of such information, may prove to be incorrect. Forward-looking statements in this website include, but are not limited to, statements with respect to: potential reserves and future production, production growth estimates, drilling programs and future expenditures and developments affecting the business, prospects, financial condition and other aspects of Kallisto. Explicit risks are outlined in Kallisto's continuous disclosure filings found on www.sedar.com. The actual results and the Corporation's operations generally may differ materially from what is projected in such forward-looking statements. These statements speak only as of the date of such information as the case may be, and may be superseded by subsequent events. Although such statements are based upon the best judgments of Kallisto's management as of the date the information was posted to the website, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the ability to conclude on farm-in agreements, drilling results, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental and weather risks, industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources and other factors, many of which are beyond the control of the Corporation. Consequently, no representation can be, or is being, made with respect to accuracy of the projections or the ability of the Corporation to achieve the projected results. Actual results, performance or achievement could differ materially from those expressed in or implied by these forward-looking statements. The reader is cautioned not to place undue reliance on the forward-looking information contained in this website. In making an investment decision, prospective investors must make their own determinations as to the reliability of this forward-looking information.
Future-oriented financial information concerning prospective results of operations, production and cash flows on this website was approved by management of Kallisto. The purpose of this information is to provide management's financial review and projections of the projects that the Kallisto is and may be undertaking, and this information may not be appropriate for other purposes.
Oil and Gas Information
Disclosure provided herein in respect of boe units may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf of natural gas to 1 bbl of crude oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Estimated values of future net revenue do not represent fair market value.
Significant Risk Factors and Uncertainties
Estimating reserves and the related cash flows is forecasting the future and is inherently uncertain. Reserve and recovery information included on this website are only estimates and the actual production and reserves may be different than the estimates prepared. When estimating reserves and the related cash flows, a number of factors are considered and assumptions made including, among others:
- historical production compared with production rates from similar properties;
- assumptions regarding initial production and subsequent decline rates;
- ultimate recovery of reserves;
- assumptions about future commodity prices, development and operating costs;
- the effect of governmental regulation, royalty and tax regimes;
- timing and amount of capital expenditures; and
- forecasts of results of future development activity.
These factors and assumptions are based on information at the date the estimate was prepared. Many of these factors are subject to change and are beyond Kallisto's control. If these factors and assumptions prove to be inaccurate, the actual results may vary materially from the reserve and cash flow estimates. Results may be less than those contained in the estimate to the extent that forecast development activities do not achieve the level of success assumed in the estimate.