BY ACCESSING THIS WEBSITE YOU ARE AGREEING TO THESE TERMS AND CONDITIONS OF USE. PLEASE REVIEW THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING THIS WEBSITE. THE ONLY WAY TO OPT OUT OF THESE TERMS AND CONDITIONS IS BY NOT ACCESSING OR USING THIS WEBSITE.
Samson Resources II, LLC and its subsidiaries (collectively “Samson Resources II” or the “Company”) provide this website and the information contained therein for informational purposes only. Samson Resources II reserves the right to revise these Terms and Conditions of Use at any time without notice.
THE WEBSITE AND INFORMATION ARE MADE AVAILABLE ON AN “AS IS” BASIS WITHOUT A WARRANTY OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTY AS TO THE ACCURACY, INTEGRITY, COMPLETENESS, TIMELINESS OR RELIABILITY OF THE WEBSITE OR THE INFORMATION. SAMSON RESOURCES II EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES AND CONDITIONS, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
You assume all risk in using the website and the information contained therein and you expressly agree to hold Samson Resources II (to include Samson Resources II, its affiliates, and all their officers, directors, employees, agents, and representatives) harmless from your use. By accessing this website, you expressly agree that: 1) you are assuming all risk regarding the information contained in the website; 2) you are accepting the website “as is” with all faults and 3) you agree that Samson Resources II shall not have any liability for accuracy, integrity, completeness, timeliness or reliability (to include errors, delays, interruptions, omissions, malfunctions) with respect to the website and the information, regardless of the cause or source thereof, including without limitation, any alleged negligence, recklessness, or intentional act of Samson Resources II. You further agree that Samson Resources II will have no liability of any kind, including special, indirect or consequential or punitive damages resulting from your use of the website or the information contained therein.
This website is operated from Tulsa, Oklahoma. By accessing this website, you expressly agree that the laws of Oklahoma shall govern your use of the website and the information, that personal jurisdiction is appropriate in the state of Oklahoma, and that the exclusive venue for any dispute regarding the website or the information shall be in the courts located in Tulsa County Oklahoma, whether state or federal.
FORWARD LOOKING STATEMENTS AND RISK FACTORS
This website contains certain matters that may be considered “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, including statements regarding the intent, belief or current expectations and projections of Samson Resources II and its management. These statements can be identified by the use of forward-looking terminology, including “plan”, “intend”, “will”, “expect”, “anticipate”, “project”, “should”, “could” or other similar words. You are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to a number of assumptions, risks and uncertainties many of which are beyond the control of the Company, its subsidiaries, or its and their management, representatives and advisors, that could materially and adversely affect actual results. These include risks relating to our financial performance and results, our ability to improve our financial results and profitability following emergence from bankruptcy, our ability to complete pending asset sales, availability of sufficient cash flow to execute our business plan, continued low or further declining commodity prices and demand for oil, natural gas and natural gas liquids, our ability to hedge future production, our ability to replace reserves and efficiently develop current reserves, and the regulatory environment and other important factors that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements and none of the Company, its subsidiaries, or its and their representatives and advisors undertake any obligation to update any such statements.
The SEC permits oil and natural gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that meet the SEC’s definitions for such term. The Company may use terms on this website that the SEC’s guidelines strictly prohibit in SEC filings, such as “estimated ultimate recovery” or “EUR,” “resources,” “net resources,” “total resource potential” and similar terms to estimate oil and natural gas that may ultimately be recovered. These estimates are by their nature more speculative than estimates of proved, probable and possible reserves as used in SEC filings and, accordingly, are subject to substantially greater uncertainty of being actually realized. These estimates have not been fully risked by management. Actual quantities that may be ultimately recovered will likely differ substantially from these estimates. Factors affecting ultimate recovery include the scope of the Company’s actual drilling program, which will be directly affected by the availability of capital, drilling and production costs, commodity prices, availability of drilling services and equipment, lease expirations, transportation constraints, regulatory approvals, field spacing rules, actual drilling results and recoveries of oil and natural gas in place, and other factors. These estimates may change significantly as the development of properties provides additional data. These estimates may not be reflective of the Company’s current view of reserves.