The statements contained on this website that
state the intentions, hopes, beliefs, anticipations, expectations
or predictions of the future of the company and its management
are forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. It
is important to note that any such forward-looking statements
are not guarantees of future performance and involve a number
of risks and uncertainties. Actual results could differ materially
from those projected in such forward-looking statements. Factors
that could cause actual results to differ materially from those
projected in such forward-looking statements include: our lack
of operating history; limited and potentially inadequate cash
resources; risk and uncertainties associated with exploration,
development and production of oil and gas; expropriation and
other risks associated with foreign operations; matters affecting
the oil and gas industry generally, lack of availability of
oil and gas field goods and services, environmental risks,
drilling and production risks; changes in laws or regulations
affecting our operations, the impact of uncertainties of litigation,
as well as other risks described in our Annual Report on Form
10-K and subsequent filings with the Securities and Exchange
Download SEC XBRL Files | Download 2011 Annual Meeting of Stockholders Materials
NOTE TO INVESTORS: The United States Securities and
Exchange Commission ("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 conclusive formation tests to be economically
and legally producible under existing economic and operating conditions.
We use certain terms on this website, such as “total gas-in-place” and “recoverable
CBM resources,” that are not permitted to be included in filings
with the SEC. Investors are urged to consider closely
the disclosure in our Form 10-K, File No. 0-32455,
available from us on this website under the heading, “SEC Filings”.
You can also obtain our Form 10-K and our other SEC
filings over the Internet at the SEC’s website at http://www.sec.gov.
Additionally, you can obtain any document we file with
the SEC at its public reference facility. Please call the SEC at 1-800-SEC-0300
for further information on the operation of the public
This website also contains information about adjacent properties on which we have no right to explore. U.S. investors are cautioned that petroleum/mineral deposits on adjacent properties are not necessarily indicative of such deposits on our properties.
Definition of Technical Terms:
Certain technical terms used in this website associated with descriptions of the potential for oil and gas properties are not consistent with "Proved Reserves" and thus the SEC guidelines prohibit us from including such terms in filings with the SEC. Such terms used herein are defined as follows:
This term refers to discovered and undiscovered Gas-In-Place,
which is the quantity of hydrocarbons which is estimated, on a given
date, to be contained in known accumulations, plus those quantities
already produced there from, plus those estimated quantities in accumulations
yet to be discovered.
Recoverable CBM Resources:
Recoverable CBM resources refer to a calculation based on geologic and/or engineering data similar to that used in estimates of proved reserves; but technical, contractual, economic, or regulatory uncertainties preclude such resources from being classified as proved reserves. Recoverable CBM resources may also be estimated assuming future economic conditions different from those prevailing at the time of the estimate.