This website is owned and maintained by Calfrac Well Services Ltd. ("Calfrac"). This website and the material on it may be changed or updated from time to time without notice. By using this site, you agree to the following terms and conditions. As visitors access this website on a server in Alberta, Canada, the information contained in this website is deemed to be provided in Alberta and is subject to Alberta law and the laws of Canada applicable therein.
If you access this website from outside of Canada, you do so at your own risk and are responsible for compliance with local, national or international laws including, without limitation, securities laws and import and export laws. No warranty of any kind, implied, expressed or statutory, is given in conjunction with the information contained on this website.
Copyright and Trademark
All material on this website is protected by copyright. The material may be used and copied for non-commercial, personal or educational purposes or for any other purpose allowed by applicable law, provided that all information used is not modified. Any other use of this material without Calfrac's written permission is prohibited. Except as otherwise noted, the logos, icons, graphics, designs, names, trade names, trademarks and service marks displayed on this website belong to Calfrac or other third parties and may not be used without Calfrac's written permission.
Our Website - Service Only Provision
This website does not constitute and should not be construed as an offer to sell or a solicitation of an offer to buy securities in any jurisdiction. The material on this website is not intended to modify, qualify, supplement or update information disclosed under corporate and securities legislation of any jurisdiction applicable to Calfrac and should not be used for the purpose of making investment decisions concerning Calfrac's securities. Printed copies of public disclosure documents may be requested from Investor Relations at (403) 266-6000.
Calfrac provides links to third party websites for convenience only and the inclusion of these links does not imply that Calfrac monitors, endorses or is responsible for the content and information on these websites. Accordingly, their use is at your own risk.
Due to technical difficulties typically found with the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of material contained on this website when displayed or downloaded onto your computer. Computer viruses or other destructive programs may also be inadvertently downloaded from this website. Calfrac disclaims liability for any Internet software, computer viruses or destructive programs that may be downloaded from this website and recommends that you install appropriate anti-virus or other protective software.
Exclusion of Liability
Although Calfrac periodically updates this website with material believed to be accurate at the time of posting, Calfrac cannot guarantee the accuracy, completeness, timeliness or currency of the material and assumes no responsibility to update the information contained on this website. Consequently, Calfrac expressly disclaims any liability for errors or omissions in the material contained on this website. Calfrac shall not be liable for any claims, expenses, loss of profits or damages (including, without limitation, direct, indirect, special, moral, incidental or consequential damages) arising from this website including, but not limited to:
- the use of or reliance on material contained on or obtained through this website;
- any inaccuracy or omission in such material;
- use of any third-party websites linked to this website;
- any Internet software or software algorithms used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website;
- inability to use this website due to interruption, delay in operation or transmission, defect, computer virus, line or system failure, or any other reason; and
- any other matter connected with this website, even if Calfrac is made aware of the possibility of such claims, expenses, damages, costs or losses.
Forward Looking Statements
Certain statements on or through this website may constitute forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions are intended to identify forward-looking statements or information. These forward-looking statements and information are based on certain key expectations and assumptions made by Calfrac in light of its experience and perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances, including, but not limited to, the following: the economic and political environment in which Calfrac operates; Calfrac's expectations for its customers' capital budgets and geographical areas of focus; the effect unconventional oil and gas projects have had on supply and demand fundamentals for oil and natural gas; Calfrac's existing contracts and the status of current negotiations with key customers and suppliers; the effectiveness of cost reduction measures instituted by Calfrac; and the likelihood that the current tax and regulatory regime will remain substantially unchanged.
Although Calfrac believes that the expectations and assumptions on which such forward looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information as Calfrac cannot give any assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with: global economic conditions; the level of exploration, development and production for oil and natural gas in Canada, the United States, Russia, Argentina and Mexico; the demand for fracturing and other stimulation services during drilling and completion of oil and natural gas wells; volatility in market prices for oil and natural gas and the effect of this volatility on the demand for oilfield services generally; excess oilfield equipment levels; regional competition; the availability of capital on satisfactory terms; restrictions resulting from compliance with debt covenants and risk of acceleration of indebtedness; direct and indirect exposure to volatile credit markets, including credit rating risk; currency exchange rate risk; risks associated with foreign operations; operating restrictions and compliance costs associated with legislative and regulatory initiatives relating to hydraulic fracturing and the protection of workers and the environment; changes in legislation and the regulatory environment; dependence on, and concentration of, major customers; liabilities and risks, including environmental liabilities and risks, inherent in oil and natural gas operations; uncertainties in weather and temperature affecting the duration of the service periods and the activities that can be completed; liabilities and risks associated with prior operations; failure to maintain Calfrac's safety standards and record; failure to realize anticipated benefits of acquisitions and dispositions; the ability to integrate technological advances and match advances from competitors; intellectual property risks; sourcing, pricing and availability of raw materials, component parts, equipment, suppliers, facilities and skilled personnel; and the effect of accounting pronouncements issued periodically.
Readers are cautioned that the foregoing list of risks and uncertainties is not exhaustive. Additional information on these and other risk factors that could affect Calfrac's operations or financial results are included in Calfrac's annual information form and may be accessed through the SEDAR website (www.sedar.com). Calfrac does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.