Notice of Website Terms and Use and Privacy Statement

This notice describes the terms of use for our website and our privacy statement. By visiting our website, you are deemed to accept the practices, terms of use and privacy statement described in this notice. "Perpetual Energy", "We", "us" and "our" refers to Perpetual Energy Inc. and its subsidiaries and affiliates.


All material, including, but not limited to text, images, audio, animation, video, film or other digitized data or code (collectively, "content") available at this website are protected by applicable copyright, trade mark, patent, trade secret laws and moral rights which are owned and controlled by us or by other parties which have licensed their material to us. Content from this website may not be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any manner except to print a copy of a web page for internal or personal use only and provided that our name and copyright notices remain intact. Modification or use of content for any purpose other than those uses for which this website is designed, or as set out in this notice is a violation of our intellectual property rights. For purposes of this notice, the reposting of any content obtained from this website to any other website or networked computer environment is prohibited without our prior written consent.

Linked Websites

Whether or not we are affiliated with websites which may be hyperlinked to this website ("linked websites"), we are not responsible or liable for content posted or available at linked websites. We do not screen or review websites before making links nor do we monitor linked websites to ensure suitability or continued suitability of the content posted or available at such linked websites. Linked websites are for your convenience only and you access them at your own risk. You will release us from all liability for any damage or loss you might suffer as a result of any content at a linked website. Hyperlinks may not be created between this website and others without our express written consent. Should we permit you to create a hyperlink to our website, you agree not to frame our website in such a manner as to disguise authorship, origin, attribution or intellectual property rights.


We will use reasonable commercial efforts to ensure this website is secure, and all information on this site is current. Despite these efforts, information on this website may contain inaccuracies or typographical errors.
Information on this site is provided "as-is" without warranty of any kind, either express or implied. Information may be changed or updated without notice. You understand and agree that you download or otherwise obtain material or data through the use of our website at your own discretion and risk and that you will be solely responsible for any damages to your computer system or loss of data that results in the download of such material or data.


By visiting our website you agree that the laws of the province of Alberta, without regard to principles of conflict of laws, will govern the terms of use and any dispute that might arise between you and Perpetual Energy. The Courts of the Province of Alberta, judicial district of Calgary shall have exclusive jurisdiction to decide any disputes and you irrevocably attorn to the jurisdiction of those courts.

Privacy Statement

At Perpetual Energy we recognize and respect the privacy of website visitors. We do not collect personal information about visitors to this site unless it is provided voluntarily. If you send e-mail inquiries to Perpetual Energy, your personal information, including your e-mail address, will be used only for the purpose of responding to your inquiry and will not be shared with third parties. Such information may be retained for the purpose of tracking the types of questions received by Perpetual Energy.
Perpetual Energy collects and maintains statistics about the web servers used to contact us, which help us track the total number of visitors to the site and to specific parts of the site. These statistics are used to better serve our visitors and do not include personal information about individual visitors.
For your convenience, this site contains links to other web sites, including some sales related pages, but not administered by Perpetual Energy. This Privacy Statement does not apply to these linked web sites. Each web site should be checked for its own Privacy Statement. Perpetual Energy is not responsible for the privacy practices or the content of linked web sites that are not administered by Perpetual Energy.

Forward Looking Statements Advisory

This website contains forward-looking statements relating to Perpetual's business and operations that are based on management's current expectations, estimates and projections about its business and operations. Words and phrases such as "anticipates," "expects," "believes," "estimates," "projected," "future," "goals," "forecast," "plan," "opportunities," "upside," "will," "impact," "target," "intend", "budget", "target" and similar expressions are intended to identify such forward-looking statements. Such statements include, but are not limited to, statements pertaining to: Perpetual's business plan; divestitures to optimize value and decrease debt; projected economics for various projects; future capital expenditure levels; and strategic priorities. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Unless legally required, Perpetual undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: inaccuracies in the estimated timing and amount of future production of natural gas and oil due to numerous factors including permit delays or restrictions, weather, equipment failures, delays or lack of availability, unexpected subsurface or geologic conditions, lack of capital, increases in the costs of rented or contracted equipment, increases in labor costs, volumes of oil or gas greater or lesser than anticipated, and changes in applicable regulations and laws; unexpected problems with wells or other equipment, unexpected changes in operating costs and other expenses, including utilities, labor, transportation, well and oil field services, taxes, permit fees, regulatory compliance and other costs of operation; decreases in natural gas and oil prices, including price discounts and basis differentials; difficulties in accurately estimating the discovery, volumes, development potential and replacement of natural gas and oil reserves; the impact of economic conditions on our business operations, financial condition and ability to raise capital; variances in cash flow, liquidity and financial position; a significant reduction in our bank credit facility's borrowing base; availability of funds from the capital markets and under our back credit facility; our level of indebtedness; the ability of financial counterparties to perform or fulfill their obligations under existing agreements; write downs of our asset carrying values and oil and gas property impairment; the discovery of previously unknown environmental issues; changes in our business and financial strategy; inaccuracies in estimating the amount, nature and timing of capital expenditures, including future finding and development costs; the inability to predict the availability and terms of capital; issues with marketing of natural gas and oil including lack of access of markets, changes in pipeline and transportation tariffs and costs, increases in minimum sales quality standards for oil or natural gas, changes in the supply-demand status of gas or oil in a given market area, and the introduction of increased quantities of natural gas or oil into a given area due to new discoveries or new delivery systems; the impact of weather limiting or damaging operations and the occurrence of natural disasters such as fires, floods, hurricanes, earthquakes and other catastrophic events and natural disasters; the high-risk nature of drilling and producing natural gas and oil, including blow-outs, surface caterings, fires, explosions; the competitiveness of alternate energy sources or product substitutes; technological developments; changes in governmental regulation of the natural gas and oil industry potentially leading to increased costs and limited development opportunities; changes in governmental regulation of derivatives; developments in natural gas-producing and oil-producing countries potentially having significant effects on the price of gas and oil; the effects of changed or proposed changes to accounting rules under generally accepted accounting principles and IFRS promulgated by rule-setting bodies; the amount of future abandonment and reclamation costs, asset retirement and environmental obligations; inability to execute strategic plans and realize projected economics, expectations and objectives for future operations and price risk management strategies; and the other risk factors identified in our most recent financial statements and management's discussion and analysis and Annual Informational Form and our other filings on SEDAR. Unpredictable or unknown factors not discussed herein also could have material adverse effects on our business and operations and on the forward-looking statements contained herein.