Legal Disclaimer

We have taken care to ensure the information in this website is accurate. However, this website includes aspirational goals and estimates, which will differ from actual results, and is for informational purposes only. We disclaim any liability whatsoever for errors or omissions. Further, some information in this website may have been disclosed previously in other Cardinal public disclosure, and such disclosure is not intended in any way to be qualified, amended, modified or supplemented by information herein.

Material may be used within this website to describe issues for voluntary sustainability reporting that are considered to have the potential to significantly affect sustainability performance in our view and may be important in the eyes of internal or external stakeholders. However, material for the purposes of this website should not be read as equating to any use of the word in other Cardinal public reporting or filings. With this website, we hope to increase your knowledge of Cardinal and our operations. However, this website does not provide investment advice, and readers are responsible for making their own financial and investment decisions.

There is no single standard system that applies across companies for compiling and calculating the quantity of GHG, nitrogen oxide, sulphur dioxide emissions and other sustainability metrics attributable to our operations. Accordingly, such information may not be comparable with similar information reported by other companies. Our emission statistics are derived from various internal reporting systems that are generally different from those applicable to the financial information presented in our consolidated financial statements and are, in particular, subject to less sophisticated internal documentation as well as preparation and review requirements, including the general internal control environment. We may change our policies for calculating these emissions and other sustainability metrics in the future without prior notice.

In this website, Cardinal has used a number of oil and gas metrics which do not have standardized meanings and therefore may be calculated differently from the metrics presented by other oil and gas companies. Boe means barrels of oil equivalent. The term Boe may be misleading, particularly if used in isolation. The conversion ratio of six thousand cubic feet per barrel (6 Mcf: 1 Bbl) of natural gas to barrels of oil equivalent is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.

This website contains forward looking statements and forward-looking information (collectively, forward-looking statements”) related to future, not past events and circumstances – including those which may relate to our strategies, focus, goals, ambitions, aims, targets, plans, objectives, operations, results and financial performance. The use of any of the words “will”, “may”, “anticipate”, “expect”, “objective”, “believe”, “plans”, “intends”, “potential”, “continue”, “guidance”, and similar expressions are intended to identify those forward-looking statements.

Forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will or may occur in the future including, without limitation, those risks considered under “Risk Factors” in Cardinal’s Annual Information Form and which may be outside of our control. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievement since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause our actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on our behalf, in this website.

We have included the forward-looking statements in this website in order to provide readers with a more complete perspective on our future operations and such information may not be appropriate for other purposes. Cardinal disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

This website contains information from publicly available third party sources. Although management believes it to be reliable, Cardinal has not independently verified any of the data from third-party sources referred to in this document or analyzed or verified the underlying studies or surveys relied upon or referred to by such sources, or ascertained the underlying economic assumptions relied upon or referred to by such sources.