This site is owned and maintained by Niko Resources Ltd. ("Niko"). You agree to the following terms and conditions when utilizing this site. Although Niko endeavours to provide accurate and current information on this website, Niko does not warrant or make any representations or claims as to the validity, correctness, currency, timeliness, completeness or otherwise of the information provided on this website. In addition, the information and materials available on this website are not intended to provide specific legal, accounting, financial, tax or other advice to any user. The material contained on this website is deemed to be provided in Alberta and is subject to Alberta law.
Copyright and Trademark
All material on this website is protected by copyright. The material may be used and copied for non-commercial, personal or educational purposes, provided that all information used is not modified and that copyright or trademark notices are not deleted. Any other use of this material without Niko's written permission is prohibited. Except as otherwise noted, the trademarks and logos displayed on this website belong to Niko and may not be used without Niko's prior written permission. Third-party trademarks displayed on this website may not be used without Niko's prior written permission.
This website is not intended to be used in a solicitation manner or for the offering of securities in any jurisdiction. The material on this website is not intended to modify, qualify, supplement or update information disclosed under corporate and securities legislation of any jurisdiction related to Niko and should not be used for the purpose of making investment decisions concerning Niko securities. Printed copies of public disclosure documents may be requested by telephoning Niko at 403-262-1020.
Niko provides links, upon written permission, to third-party websites for convenience only. The inclusion of these links does not imply that Niko monitors, endorses or is responsible for the content and information on these websites.
Exclusion of Liability
Niko and its affiliates and related companies shall not be liable for any claims, expenses, loss of profits or damages (including direct, indirect, special or consequential damages) arising from:
- the use of or dependence on information contained on this website;
- any error or omission in such information or failure to update information in a timely manner;
- use of third party websites linked to this website;
- any Internet software used in connection with this website and any computer viruses or other destructive programs encountered as a result of using this website; and
- all other matters related to this website,
even if Niko is made aware of possible claims, expenses, damages or losses.
Certain information in this website are “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws, herein referred to as “forward-looking information”. Forward-looking information is frequently characterized by words such as “may”, “will”, “plans”, “expects”, “projects”, “intends”, “believes”, “targets”, “anticipates”, “estimates” “scheduled”, “potential” or other similar words, or statements that certain events or conditions “may,” “should” or “could” occur. Forward-looking information is based on the Company’s expectations regarding its future growth, results of operations, production, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, plans for and results of drilling activity, environmental matters, business prospects and opportunities. Such forward-looking information reflects the Company’s current beliefs and assumptions and is based on information currently available to it. Forward-looking information involves significant known and unknown risks and uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking information including risks discussed below. Although the forward-looking information contained in this web site is based upon assumptions which the Company believes to be reasonable, it cannot assure investors that actual results will be consistent with such forward-looking information. Because of the risks, uncertainties and assumptions inherent in forward-looking information, readers should not place undue reliance on this forward-looking information.
For specific forward-looking information contained in this web site refer to the latest Annual Information Form ('AIF'), Management's Discussion and Analysis ('MD&A') and audited consolidated Financial Statements which are available on the Company's SEDAR profile at www.sedar.com.
On this website, all references to dollars refer to United States dollars unless otherwise stated. Production data is presented on a before royalties basis unless otherwise stated. Certain crude oil and NGL volumes that have been converted to millions of cubic feet equivalent ("MMcfe") or thousands of cubic feet equivalent ("Mcfe") on the basis of one barrel ("bbl") to six thousand cubic feet ("Mcf"). In addition, certain natural gas volumes have been converted to barrels of oil equivalent ("boe") or thousands of boe ("Mboe") on the same basis. MMcfe, Mcfe, boe and Mboe may be misleading, particularly if used in isolation. A conversion ratio of 1 bbl to 6 Mcf is based on an energy equivalency conversion method primarily at the burner tip and does not necessarily represent the value equivalency at the well head. One million British thermal units ("MMBtu") is equivalent to 1 Mcfe plus or minus up to 20 percent, depending on the composition and heating value of the natural gas in question.
Non-GAAP Financial Measures
The selected financial information presented on this website has been prepared in accordance with Canadian generally accepted accounting principles ("GAAP"), except for "funds from operations", "operating netback", "funds from operations netback", "earnings netback" and "segment profit", which are used by Niko to analyze the results of operations. These non-GAAP measures do not have any standardized meanings prescribed by GAAP and are therefore unlikely to be comparable to similar measures presented by other companies.