Terms and Conditions


Welcome to www.oandoenergyresources.com, referred to in these terms and conditions as “this web site”.  This web site is owned and operated by Oando Energy Resources Inc.  Visitors are welcome to access any part of this web site on condition that they are bound by these terms and conditions.  References to “OER”, the “Company”, “we” or “us” in these terms and conditions include Oando Energy Resources Inc. and all subsidiaries, affiliates and related companies of Oando Energy Resources Inc.

By accessing this web site, you acknowledge having read and understood these terms and conditions in their entirety and agree to be bound by them. If you do not agree to be bound by all of these terms and conditions, do not access any of our online information, and cease from further use of this web site. Users access and use the site at their own risk. These terms and conditions may change from time to time. By browsing this web site from time to time you agree to be bound by the then current terms and conditions.  Accordingly, you should check the terms and conditions each time you revisit this web site.

This web site and all information on it (the “Materials”), including all text, documents, icons, images, sound, photographs, video, software, trademarks, marks, (including Materials provided in video or audio form) are the property of the Company and are protected by applicable copyright, trademark and other laws and treaties. The Materials are owned by the Company and the copyright therein is held by the Company or have been licensed to it by the owner(s) of those rights so that it can use such Materials as part of this web site.  Your use of this web site does not transfer to you any ownership of this web site or the Materials.  

This web site provides certain links and references to other web sites. OER has no control over the information at sites linked or referred to in this web site. These links and references are provided for the convenience of users of this web site and OER neither endorses, nor is responsible or liable for the content, nature or reliability of any linked or referenced web site or any link contained in a linked or referenced web site. OER assumes no responsibility for monitoring, updating, supplementing or correcting any information on any linked or referenced web site and makes no representation or warranties regarding such information. In linking or going to these outside web sites, you are leaving OER’s web site and acknowledge that that OER is not responsible for the content, nature or reliability of any other site.


You may access and browse this web site and you may print or download up to one copy of each page of this web site for your personal use. However, you may not remove any copyright, trade mark or other intellectual property notices contained in the original material from any material copied or printed off from this web site; nor may you distribute (including distributing copies), broadcast, alter or tamper with in any way or otherwise use any material contained in this web site.

You may not, nor may you allow others to, directly or indirectly, remove, modify, copy, display, transfer or sell any Materials from this web site for non-personal use or without the prior written consent of the Company. You may not, nor may you allow others to, directly or indirectly, frame, mirror, scrape or data-mine this web site, disrupt or interfere in any other person’s use or enjoyment of this web site or use this web site in a manner that could damage, disable, impair or interfere with the security of this web site or any services, servers or networks associated with this web site. Any conduct by the user of this web site that is contrary to applicable law or regulation is prohibited. Prohibited activities include, but are not limited to, uploading or disseminating material which violates copyright or intellectual property rights (the user assumes all risk regarding whether material is in the public domain), circumventing or attempting to impair user authentication or the security of this web site, related databases, host servers or networks, introducing malicious programs, such as viruses, worms, Trojan horses or email bombs, into this web site or servers, fraudulent activities, including impersonating any person or entity or forging anyone’s digital or manual signature and posting or transmitting to or from the Company any unlawful, threatening, libelous, defamatory, obscene, pornographic or other materials that violate any law. Users are responsible for any misuse of this web site that originates from their respective IP addresses. 

The information and materials contained in this web site are provided “as is” and “as available” without any express or implied warranty of any kind, including express or implied warranties of merchantability, non-infringement of intellectual property or fitness for any particular purpose.  OER does not warrant that Materials provided on this web site are up to date, accurate, reliable or correct; that this web site will be available at any particular time or location, that your access to this web site will be uninterrupted; that any defects or errors will be corrected; or that this web site is free of viruses or other harmful components.  OER reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the web site (or any part thereof) with or without notice.

In using this web site, you agree that the Company will not be liable for any damages whatsoever (including indirect, incidental, special, punitive or consequential damages and loss of profits, opportunities or information) arising from (a) your use of or reliance on information contained on this web site; (b) any inaccuracy or omission in such information or failure to keep information current; (c) use of any third party web sites linked or referred to in this web site; (d) any delays, inaccuracies or errors in, or in the transmission of, any stock price quotes or historical price data; (e) any Internet software used in connection with this web site; and (f) any other matter connected with this web site; even if the Company is made aware of the possibility of such claims, damages or losses. As a condition of the use of this web site, the user agrees to hold the Company and its directors, officers, employees, agents, contractors and authorized representatives harmless against any claims, liabilities, costs (including without limitation, reasonable attorneys’ fees and other legal expenses), expenses or any loss of any kind arising out of the access to or use of this web site or the use of any information, documents or materials presented in or accessed through this web site. 

Information, documents and materials filed or disclosed in accordance with the requirements of corporate securities legislation in Canada or other jurisdictions applicable to the Company are not intended in any way to be qualified, amended, modified or supplemented by information available in, through or on this web site. The Materials, and other information available on this web site are provided for information purposes only. Unless so required by applicable law, OER undertakes no obligation to update or revise any Materials or other information available on this web site, whether as a result of new information, future events or otherwise.  Users are referred to statutory filings and disclosure of the Company under the Company’s profile at www.sedar.com

 The Company reserves the right at its complete discretion to change these terms and conditions at any time by posting revised terms and conditions on this web site. It is your responsibility to check for any changes that may be made to such terms and conditions each time you access this web site. Your continued use of this web site following the posting of changes means you accept the changes.

The failure of the Company to enforce any term of these terms and conditions for whatever reason shall not be construed as a waiver of any right to do so at any time. You agree that, if any portion of these terms and conditions is held invalid or unenforceable, that portion will be construed consistent with applicable law as nearly as possible and the remaining portions will remain in full force and effect.

This web site is governed by and construed in accordance with the laws of the Province of Alberta and the laws of Canada applicable therein. By using this web site you attorn to the exclusive jurisdiction of the courts of the Province of Alberta and agree that any dispute arising in relation to these terms and conditions or this Website shall be brought before the Alberta courts.  You are responsible for informing yourself as to the laws applicable to this web site and any use thereof and for complying with such laws.

If you have a question or complaint about this web site, please contact info@oandoenergyresources.com  if you wish to provide a hypertext or other link to this web site, please email us and we will consider your request. It is our decision as to whether we agree to your request and we are not obliged to do so.




Certain statements and graphs in this web site contain "forward-looking information" within the meaning of applicable Canadian securities legislation or "forward-looking statements" within under other securities legislation.  Such statements or information (together "forward-looking statements") are generally identifiable by the forward-looking terminology used such as "anticipate", "believe", "intend", "plan", "expect", "estimate", "budget", "outlook", "forecast", "agreed to" or other similar words. Forward-looking statements in this web site include, but are not limited to, any statements as to possible future natural gas, natural gas liquids, crude oil or other commodity prices; future production levels and growth rate; future royalties and tax levels; future capital expenditures, their timing and their allocation to exploration and development activities; future earnings and cash flows; future asset acquisitions or dispositions; corporate guidance, anticipated future proceeds from various joint venture, partnerships and other agreements entered into by the Company, including the successful implementation of and other expected benefits to be generated from those agreements, future sources of funding; future debt levels; availability of committed credit facilities; development plans or capacity expansions; the expectation of cost reductions, improved margins and other changes to operations; future ability to execute dispositions of assets or businesses; future sources of liquidity, cash flows and their uses; future drilling of new wells; recoverability of reserves or resources; expected supply costs; expected operating costs; estimates on a per share basis; future interest and foreign currency exchange rates, future expenditures and future allowances relating to environmental matters and OER’s ability to comply therewith; dates by which certain areas will be developed or reach expected operating capacity; and changes in any of the foregoing are forward-looking statements. Statements relating to "reserves" or "resources" are forward-looking statements, as they involve the implied assessment, based on estimates and assumptions that the reserves and resources described exist in the quantities estimated, and can be profitably produced in the future.

Users 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 the Company's actual performance and financial results 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 assumptions, risks and uncertainties include, among other things: volatility of, and assumptions regarding crude oil, natural gas and liquids prices, including substantial or extended declines or increases of the same and their effect on the Company's operations and financial condition and the value and amount of its reserves; assumptions based upon the Company's current guidance; fluctuations in currency and interest rates; political risk; risk that the Company may not conclude divestitures of certain assets or other transactions or receive amounts contemplated under the transaction agreements (such transactions may include third-party capital investments, farm-outs or partnerships, which OER may refer to from time to time as "partnerships" or "joint ventures" and the funds received in respect thereof which OER may refer to from time to time as "proceeds", "deferred purchase price" and/or "carry capital", regardless of the legal form) as a result of various conditions not being met; product supply and demand; market competition; risks inherent in the Company's operations, including credit risks; imprecision of reserves estimates and estimates of recoverable quantities of crude oil, natural gas and liquids from sources not currently classified as proved, probable or possible reserves or economic contingent resources, including future net revenue estimates; potential disruption or unexpected technical difficulties in developing new facilities; unexpected cost increases or technical difficulties in constructing or modifying facilities; risks associated with technology; the Company's ability to acquire or find additional reserves; hedging activities resulting in realized and unrealized losses; business interruption and casualty losses; risk of the Company not operating properties and assets; counterparty risk; risk of downgrade in credit rating and its adverse effects; liability for indemnification obligations to third parties; its ability to generate sufficient cash flow from operations to meet its current and future obligations; its ability to access external sources of debt and equity capital; the timing and the costs of well and pipeline construction; the Company's ability to secure adequate product transportation; changes in royalty, tax, environmental, greenhouse gas, carbon, accounting and other laws or regulations or the interpretations of such laws or regulations; political and economic conditions in the countries in which the Company operates; terrorist threats; risks associated with existing and potential future lawsuits and regulatory actions made against the Company; risk arising from price basis differential; risk arising from inability to enter into attractive hedges to protect the Company's capital program; and other risks and uncertainties described from time to time in the reports and filings made with securities regulatory authorities by OER. Although OER believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned that the foregoing list of important factors is not exhaustive. In addition, assumptions relating to such forward-looking statements generally include OER's current expectations and projections made in light of, and generally consistent with, its historical experience and its perception of historical trends, including the conversion of resources into reserves and production as well as expectations regarding rates of advancement and innovation, generally consistent with and informed by its past experience, all of which are subject to the risk factors identified elsewhere in this web site and in OER’s statutory filings filed under its profile at www.sedar.com.

Furthermore, the forward-looking statements contained in this web site are made as of specific dates, and, except as required by law, OER 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 web site are expressly qualified by this cautionary statement.


“It has been brought to the notice of OER that some fraudulent persons impersonating the Company have been demanding certain payments from unsuspecting members of the general public in return for scholarship awards or job placements. Please be informed that OER, including its subsidiaries, DO NOT under any circumstances accept monetary compensation from scholarship or job applicants. All scholarship recipients and successful job applicants are duly selected based on merit alone.

All impersonators of OER and its subsidiaries, will be reported to the appropriate authorities.

Please take further notice that OER and its subsidiaries, will not accept liability for any business transaction conducted with persons seeking to defraud the general public.