By using this web site you agree to the following terms and conditions:
Husky Energy Inc., its subsidiaries, and related companies (“Husky”), have attempted to provide accurate and timely information but cannot guarantee or warranty that this information is free from defect. Information on the Husky website is provided solely for your convenience.
Husky reserves the right to make changes to the information, material and content provided on this website, including, without limitation, the terms and conditions of this disclaimer, at any time without notice. Continued use of the site following the posting of these changes shall constitute acceptance of such changes.
Husky shall not be liable for any claim or damages, direct, indirect, special, consequential or otherwise, arising out of the interpretation, use or reliance upon the information on the Husky website.
Information on the website is deemed to be provided in Alberta, Canada and is subject to the laws of Alberta. By accessing this website you agree that all disputes, controversies, or claims arising out of or in connection with the website shall be subject to the jurisdiction of the courts of the Province of Alberta for final adjudication. By accessing this website from outside of Canada you acknowledge that you do so at your own risk and are responsible for any failure to comply with any local, national or international law.
This website does not constitute an offering under applicable securities legislation. All potential investors should seek independent information and advice from qualified investment professionals. Where any document on this website has been filed in accordance with applicable securities legislation, such documents are not the official versions of Husky’s securities legislation disclosure documents, and visitors are directed to obtain official copies either from applicable securities regulators or from the Investor Relations department at Husky. Unless otherwise stated, all monetary funds displayed on the website are in Canadian dollars.
Certain statements in this website are forward-looking statements or information (collectively “forward-looking statements”), within the meaning of the applicable Canadian securities legislation, Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Husky is hereby providing cautionary statements identifying important factors that could cause Husky’s actual results to differ materially from those projected in these forward-looking statements. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intend,” “plan,” “projection,” “could,” “vision,” “goals,” “objective” and “outlook”) are not historical facts and may be forward-looking and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements.
Because actual results or outcomes could differ materially from those expressed in any forward-looking statements, investors should not place undue reliance on any such forward-looking statements. By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predicted outcomes will not occur. The risks, uncertainties and other factors, many of which are beyond our control, that could influence actual results include, but are not limited to:
- adequacy of and fluctuations in oil and natural gas prices;
- demand for our products and services and the cost of required inputs;
- our ability to replace our reserves;
- competitive actions of other companies, including increased competition from other oil and gas companies or from companies that provide alternate sources of energy;
- the occurrence of unexpected events such as fires, blowouts, freeze-ups, equipment failures and other similar events affecting us or other parties whose operations or assets directly or indirectly affect us and that may or may not be financially recoverable;
- actions by governmental authorities, including changes in environmental and other regulations that may impose restrictions in areas where we operate; and
- the accuracy of our oil and gas reserve estimates and estimated production levels as they are affected by our success at exploration and development drilling and related activities and estimated decline rates.
Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, Husky undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all of such factors and to assess in advance the impact of each such factor on Husky’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement.
Husky uses the terms barrels of oil equivalent (“boe”) and thousand cubic feet of gas equivalent (“mcfge”), which are calculated on an energy equivalence basis whereby one barrel of crude oil is equivalent to six thousand cubic feet of natural gas. Readers are cautioned that the terms boe and mcfge may be misleading, particularly if used in isolation. This measure is primarily applicable at the burner tip and does not represent value equivalence at the well head.
Husky’s disclosure of reserves data and other oil and gas information is made in reliance on an exemption granted to Husky by Canadian securities regulatory authorities, which permits Husky to provide disclosure required by and consistent with those of the United States Securities and Exchange Commission and the Financial Accounting Standards Board in the United States in place of much of the disclosure expected by National Instrument 51-101, “Standards of Disclosure for Oil and Gas Activities.” Please refer to “Disclosure of Exemption Under National Instrument 51-101” at page 2 of our Annual Information Form for the year ended December 31, 2005 filed with securities regulatory authorities for further information.
The United States Securities and Exchange Commission permits U.S. oil and gas companies, in their filings with the SEC, to disclose only proved reserves, that is reserves that geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions, i.e. prices and costs as of the date the estimate is made. We use certain terms in this website, such as “probable reserves”, “possible reserves”, “recoverable resource”, “discovered resource” and “oil in place” that the SEC’s guidelines strictly prohibit in filings with the SEC by U.S. oil and gas companies. U.S. investors should refer to our Annual Report on Form 40-F available from us or the SEC for further reserve disclosure.
The copyright laws of Canada and other applicable jurisdictions protect all information and material on the Husky website. Any unauthorized use, including re-publication, unauthorized downloading, copying or modification of the information on this website, including design marks, logos, trademarks and tradenames may violate copyright or trademark legislation and may result in legal action.
The Internet is not a fully secure medium and any communication may be lost, intercepted, corrupted or altered. Husky is not liable for any damages resulting from the transmission, interception, corruption, or alteration of communications to or from this website. Any information voluntarily given to Husky via the website is deemed to be given consensually. You agree that the information you provide to Husky is non-confidential, truthful, legal and does not violate the rights of others. You agree that Husky has no obligation of any kind concerning the information and consent to Husky using, distributing, reproducing or disclosing it for any purpose. The information is deemed to be non-proprietary and Husky may use any ideas, concepts, know-how or techniques for any purpose.
Husky does collect statistical information about visits to the website including hits, visits, pageviews, most frequented pages, most popular pages, time of day, day of week and date.
Husky takes reasonable precautions to ensure that this website is free from computer viruses, however it is recommended that the user install and use appropriate anti-virus or other protective software. Husky disclaims liability for any computer viruses or other destructive programs that may be inadvertently downloaded from this website.
Husky provides links to third party websites solely for the convenience of its visitors, and is not responsible for the contents, information, practices, or software of third party websites, or for any damage that may be incurred by linking to these sites.
All quotes are delayed at least 15 minutes unless otherwise stated and are believed to be accurate but are not guaranteed or warranted by the TSX or Husky. Potential investors should seek independent information and advice from qualified professionals prior to investment.
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