Information Contained on the Site; Forward-looking Statements
Except as otherwise provided in these Terms of Use or on the Site, all statements and expressions contained on the Site are the sole opinion of VAALCO and are subject to change without notice. The information contained on the Site or in the documents referred to herein has been provided for informational purposes only. None of the services or investments referred to on the Site are available or appropriate for sale or use in any jurisdiction where such activity is prohibited. The information provided through the Site is intended solely for your general knowledge and does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of VAALCO. VAALCO does not provide investment or financial advice, and you are urged to consult your own financial advisor before making any investment decision. THE ACCURACY, COMPLETENESS OR TIMELINESS OF THE INFORMATION PROVIDED THROUGH THE SITE IS NOT WARRANTED AND IS ONLY AS RELIABLE AS THE SOURCES FROM WHICH IT WAS OBTAINED. YOU UNDERSTAND AND AGREE THAT INVESTORS MAY LOSE ALL OR A PORTION OF THEIR INVESTMENT IN VAALCO OR ANY OTHER COMPANY AND THAT THE PRICE OF VAALCO’S SHARES AND THE INCOME DERIVED FROM THEM CAN GO DOWN AS WELL AS UP AND INVESTORS MAY NOT GET BACK THE AMOUNT ORIGINALLY INVESTED. YOU UNDERSTAND AND AGREE THAT PAST PERFORMANCE IS NOT NECESSARILY A GUIDE TO FUTURE PERFORMANCE FOR INVESTMENTS.
Certain information made or contained in the Site or in the documents referred to herein contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be “forward-looking statements”. Forward-looking statements may be identified through the use of words such as “expects”, “will”, “anticipates”, “estimates”, “believes”, or by statements indicating certain actions “may”, “could”, “should” or “might” occur. Forward-looking statements include, but are not limited to, statements relating to (i) estimates of future drilling, production, sales and costs of acquiring crude oil, natural gas and natural gas liquids; (ii) expectations regarding VAALCO’s ability to effectively integrate assets and properties it has acquired into its operations; (iii) expectations regarding future exploration and the development, growth and potential of VAALCO’s operations, project pipeline, investments, schedule and anticipated benefits to be derived therefrom; (iv) expectations regarding future acquisitions, investments or divestitures; (v) expectations of future dividends; (vi) expectations of future balance sheet strength; and (vii) expectations of future equity and enterprise value.
Forward-looking statements are based on expectations, estimates and projections at the time the statements are made. These statements involve a number of risks and uncertainties outside of VAALCO’s control, which may cause actual results and events to differ materially from those presently anticipated. Such risks and uncertainties include, but are not limited to: (1) risks relating to any unforeseen liabilities of VAALCO; (2) the ability to generate cash flows that, along with cash on hand, will be sufficient to support operations and cash requirements; (3) risks relating to the timing and costs of completion for scheduled maintenance of VAALCO’s properties and assets; and (4) the risks described under the caption “Risk Factors” in VAALCO’s most recent Annual Report on Form 10-K filed with the United States Securities and Exchange Commission (“SEC”) and any subsequent Quarterly Reports and Current Reports filed with the SEC. Therefore, you should not rely on any of these forward-looking statements.
Any forward-looking statement made or contained on this Site or in the documents referred to herein is based only on information currently available to VAALCO at the time of such statement and speaks only as of the date on which it is made. Except as may be required by applicable federal securities laws, VAALCO undertakes no obligation to publicly update any forward-looking statement that may be made from time to time, whether as a result of new information, future developments or otherwise.
The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or formation tests to be economically and legally producible under existing economic and operating conditions. VAALCO uses certain crude oil and natural gas metrics on the Site, which do not have standardized meanings or standard methods of calculation as classified by the SEC, and, therefore, such measures may not be comparable to similar measures used by other companies. U.S. investors are urged to consider closely the disclosures in VAALCO’s most recent Annual Report on Form 10-K filed with the SEC.