This disclosure is based on the due diligence and internal reports of CGX's management. There are no reserve estimates as per the Canadian Oil and Gas Evaluation Handbook (COGEH) reserve definitions. Using probalistic methods, prospective resources have been estimated as the potentially recoverable portion of accumulations yet to be discovered.
Our website contains forward-looking financial and operational information including projections of exploration activities, cash flow, production and capital expenditures. These projections are based on the Company’s expectations and are subject to a number of risks and uncertainties that could materially affect the results. These risks include, but are not limited to: political risk, geological risk, future commodity prices, exchange rates, interest rates, reserves risk, product demand and transportation restrictions.