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Certain statements and graphs throughout this presentation conta Certain statements and graphs throughout this presentation contain in “ “forward forward-
- looking statements
looking statements” ”. Forward . Forward-
- looking
looking statements in this presentation include, but are not limited to, statements in this presentation include, but are not limited to, statements and graphs (collectively statements and graphs (collectively “ “statements statements” ”) with ) with respect to: 2007 expected payments to the Alberta government roy respect to: 2007 expected payments to the Alberta government royalties; the amount of oil and gas investment in alties; the amount of oil and gas investment in 2007 and beyond; levels and sources of Canadian oil production i 2007 and beyond; levels and sources of Canadian oil production in the future; the expectation as to Canada n the future; the expectation as to Canada’ ’s s placement relative to the rest of the world for crude oil produc placement relative to the rest of the world for crude oil production and reserves; the forecast relating to future tion and reserves; the forecast relating to future sustaining capital and operating cost; the forecast regarding co sustaining capital and operating cost; the forecast regarding combined expenditures; future royalties, provincial and mbined expenditures; future royalties, provincial and federal corporate taxes and specifics regarding housing and work federal corporate taxes and specifics regarding housing and workforce demand particularly in the Wood Buffalo force demand particularly in the Wood Buffalo region. region. You are cautioned not to place undue reliance on forward You are cautioned not to place undue reliance on forward-
- looking statements, as there can be no assurance that the
looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will plans, intentions or expectations upon which they are based will occur. By their nature, forward
- ccur. By their nature, forward-
- looking statements
looking statements involve numerous assumptions, known and unknown risks and uncert involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute ainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections to the possibility that the predictions, forecasts, projections and other forward and other forward-
- looking statements will not occur.
looking statements will not occur. Although the Trust believes that the expectations represented by Although the Trust believes that the expectations represented by such forward such forward-
- looking statements are reasonable,
looking statements are reasonable, there can be no assurance that such expectations will prove to b there can be no assurance that such expectations will prove to be correct. Some of the risks and other factors which e correct. Some of the risks and other factors which could cause results to differ materially from those expressed in could cause results to differ materially from those expressed in the forward the forward-
- looking statements contained in this
looking statements contained in this presentation include, but are not limited to: presentation include, but are not limited to: labour labour productivity issues; the difficulties and risks involved in sta productivity issues; the difficulties and risks involved in starting up rting up new projects and use of new technology; the general complexity i new projects and use of new technology; the general complexity in operating a large oil sands mining or SAGD and n operating a large oil sands mining or SAGD and refinery operations; product supply and demand for crude oil and refinery operations; product supply and demand for crude oil and its impact on projects being implemented or as its impact on projects being implemented or as expected; pipeline capacity; general economic conditions that im expected; pipeline capacity; general economic conditions that impact the supply of labor and natural gas in the Fort pact the supply of labor and natural gas in the Fort McMurray area; technological changes and improvements; the impre McMurray area; technological changes and improvements; the imprecision in estimating reserves and resources; cision in estimating reserves and resources; imprecision in estimating future productive capacity and operati imprecision in estimating future productive capacity and operating costs; changes in regulations, especially in the area ng costs; changes in regulations, especially in the area
- f environmental matters.
- f environmental matters.
You are cautioned that the foregoing list of important factors i You are cautioned that the foregoing list of important factors is not exhaustive. Furthermore, the forward s not exhaustive. Furthermore, the forward-
- looking
looking statements contained in this presentation are made as of the dat statements contained in this presentation are made as of the date of this presentation, and we do not undertake any e of this presentation, and we do not undertake any
- bligation to update publicly or to revise any of the included f
- bligation to update publicly or to revise any of the included forward
- rward-
- looking statements, whether as a result of new
looking statements, whether as a result of new information, future events or otherwise. The forward information, future events or otherwise. The forward-
- looking statements contained in this presentation are expressly
looking statements contained in this presentation are expressly qualified by this cautionary statement. qualified by this cautionary statement. All comments with regard to future crude oil prices are my perso All comments with regard to future crude oil prices are my personal opinion and not that of Canadian Oil Sands Trust. nal opinion and not that of Canadian Oil Sands Trust.
Forward Forward-
- looking information