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Legal

Certain statements made in the materials contained on this website relate to our future plans, objectives, strategies, expectations and intentions and our prediction and estimates of oil and gas reserves and potential production and operating activities, the timing of any such production, anticipated amounts of production and cash flow from production of proved oil and gas reserves in the future which we are estimating from the properties in which we have an interest. These statements are inherently forward-looking in nature (forward-looking statements) and may be identified by the use of such words as anticipates, anticipated, appears, believes, can be, could, could be, estimates, estimated, expects, intends, may, may be, plans, planned, potential, should, should be, will, will be and similar expressions. You should be aware that these forward-looking statements involve known and unknown risks, uncertainties and contingencies and are based on assumptions that may not materialize or occur in the manner assumed. Consequently, actual results may vary from the estimates or predictions stated in the materials and these variations may be material.

These risks, uncertainties and contingencies which may affect the assumptions underlying these forward-looking statements include, among others: our ability to obtain additional funds from investors, industry partners, commercial lenders and other sources through the issuance of our debt or equity securities to provide liquidity to fund the previous losses we have sustained and enable us to explore, develop and exploit the properties in which we have an interest in our effort to achieve profitability; the risks and uncertainties associated with drilling activities, the interpretation of engineering and geologic data and environmental risks; the adverse effects of domestic and foreign governmental regulation on our operations; the possible forfeiture of all or a portion of the Australian properties in which we have an interest if we fail to satisfy the work requirements under the production sharing contracts and exploration permits to which we are a party; the uncertain effects of volatility in the oil and gas markets and wide fluctuations in oil and gas prices and foreign currency exchange rates on our financial condition and our ability to raise additional capital; the uncertainty of revenues from our operations to satisfy the considerable fixed monthly gas treating costs; our dependence on third party operators to explore, drill, develop and operate the exploratory properties in which we have an interest; the political and economic uncertainties in Indonesia and other foreign countries in which we may hold oil and gas interests; the uncertain effects of competition on our operation; and general economic and market conditions as well as various other risks and factors beyond our control.