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CAUTIONARY NOTES TO INVESTORS. The United States Securities and Exchange Commission 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. From time to time, we use certain terms on this website, including, but not limited to, reserve potential, exploration target size, unrisked gross potential reserves, unrisked net potential reserves, risked net potential reserves, possible reserves and probably reserves.

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