In the interests of providing EnCana shareholders and potential investors with information regarding EnCana, including management's assessment of EnCana's future plans and operations, certain statements contained in this article are forward-looking statements within the meaning of the ''safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements in this article include, but are not limited to: the Weyburn CO Miscible Flood Project's projected future total oil production and oil production rates over the next 30 years.
Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things: the availability and cost of materials and supplies, including CO, volatility of crude oil and natural gas prices; product supply and demand; market competition; imprecision of reserves and estimates; the Company's ability to either generate sufficient cash flow from operations to meet its current and future obligations or obtain external sources of debt and equity capital, general economic and business conditions; the Company's ability to enter into or renew leases: the timing and costs of well and pipeline construction: the Company's ability to make capital investments and the amounts of capital investments: imprecision in estimating the timing, costs and levels of production and drilling: imprecision in estimates of future production capacity: the Company's ability to secure adequate product transportation; changes in environmental and other regulations; and other risks and uncertainties described from time to time in the reports and filings made with securities regulatory authorities by EnCana. Readers are cautioned that the foregoing list of important factors is not exhaustive. Furthermore, the forward-looking statements contained in this article are made as of the date of this article and EnCana does not undertake any obligation to update publicly or to revise any of the included forward looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.