SLIDE 12 Confidential – Not For Distribution 12
DISCLAIMER
The information contained herein has been prepared solely for informational purposes to assist with Recipient’s review of the Assets and to facilitate discussions relevant thereto. Seller nor Eagle River claim to present all information that may be necessary or desired to complete Recipient’s review. The materials have been prepared by Eagle River and are based on Eagle River’s assumptions and projections in addition to Seller’s, Third Parties’, and Governmental Agencies’ files, records, reports, data, assumptions, projections and opinions (the “Material”). Such Material is believed to be reliable and relevant; however, neither Seller nor Eagle River make any representations, express or implied, as to the completeness, accuracy, or adequacy of such Material presented
- herein. It being understood by Recipient, that said Material is subject to change without notice. Recipient acknowledges that the information in the Material may also
include, but is not limited to, unqualified financial statements, economic and reserve reports and forecasts, commodity prices, oil and gas production data, lease
- perating expenses, assumptions, projections, revenue statements, drilling and completion reports, title ownership records pertaining to leasehold, mineral ownership
reports and other information which may not be correct and which are subject to various risks. Recipient represents that Recipient is an experienced individual and/or entity who is engaged in the business of oil and gas operations, owns working interests, royalties, and/or mineral interests and understands the inherit risks associated with reviewing, valuing, purchasing, drilling, producing, and operating oil and gas assets. Recipient will conduct its own independent evaluation and due diligence and, as such, may wish to employ third party experts, consultants, and advisors to assist in its
- review. Recipient will rely solely on its own independent evaluation and analysis for the purpose upon which it is to be utilized. Recipient agrees that neither the
Seller nor Eagle River shall be liable for any losses, damages, or claims resulting from the reliance on or use of such Material, from errors contained therein, or
This is not an offer to sell properties, assets, securities, and/or provide financing or any other form of a transaction. Recipient agrees that unless and until a final definitive written agreement regarding a transaction between Seller and Recipient has been executed and delivered, neither Seller nor Recipient will be under any legal obligation of any kind whatsoever with respect to a transaction by virtue of this Presentation. Recipient further acknowledges and agrees that Seller reserve the right, in their sole discretion, to reject any and all proposals of any nature made by Recipient and to terminate discussions and negotiations with Recipient at any time with or without notice of any kind. This Presentation is being provided pursuant to a Disclaimer which has been agreed to and executed by the Recipient.
