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Conditions for Viewing This Site

Your access to or use of this website constitutes acceptance of the terms and conditions set out in this Legal Notice, including the Terms of Use set out below.  If you do not agree with all of the terms and conditions then you may not access, view or use this Website or any content.

SPECIFIC CONTENT

Forward Looking Statements

Statements throughout this website or in documents on this website that are not historical facts may be considered to be "forward-looking statements". These forward-looking statements sometimes include words to the effect that management believes or expects a stated condition or result. All estimates and statements that describe the Company's objectives, goals, or future plans are forward-looking statements. Since forward-looking statements 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 any number of factors, including such variables as new information regarding recoverable reserves, changes in demand for and commodity prices of crude oil and natural gas, legislative, environmental and other regulatory or political changes, competition in areas where the Company operates and other factors discussed in this website or in such documents on this website. Any forward-looking statements on this website are made at the date they are placed on this website or, in the case of documents on this website, as at the date of such documents, as the case may be, and Cinch 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, except as may be required by applicable securities laws.

Barrel of Oil Equivalency

Natural gas reserves and volumes contained herein are converted to barrels of oil equivalent (BOE) on the basis of six thousand cubic feet (mcf) of gas to one barrel (bbl) of oil. The term "barrels of oil equivalent" may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 mcf to 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

Non-GAAP Financial Measures

The financial data on this website has been prepared in accordance with Canadian generally accepted accounting principles (GAAP). All dollar amounts are presented in Canadian dollars, unless otherwise noted.

Included on this website are references to the term “funds from operations” which should not be considered an alternative to, or a more meaningful indicator of the Company’s performance than cash provided by operating activities or net income as determined in accordance with Canadian generally accepted accounting principles (“GAAP”).  The Company considers funds from operations to be a key measure that demonstrates its ability to generate funds for future growth through capital investment.  Funds from operations is calculated by taking cash provided by operating activities on the statement of cash flows less the effect of changes in non-cash working capital related to operating activities.  The Company’s determination of funds from operations may not be comparable with the calculation of similar measures by other companies.  The reconciliation between net income (loss) and funds from operations can be found in the Statements of Cash Flows included in the Company's financial statements. The Company also presents funds from operations per share, where funds from operations are divided by the weighted average number of shares outstanding to determine per share amounts.

Also included on this website are references to the term “net debt” which is the sum of the working capital (deficiency) and the outstanding credit facility balance.  This number may not be comparable to that reported by other companies.

TERMS OF USE

This website is owned and operated by Cinch. This website and the documents and information on it may be changed or updated from time to time without notice. By accessing or using this website, you agree to the following terms and conditions and you agree to indemnify and hold Cinch, its employees, officers and directors harmless from any and all claims made by anyone and any and all expenses, damages, costs and losses of any kind incurred or suffered by Cinch, including reasonable legal fees, due to or arising from your use of this website, or any document or information contained on or obtained through this website, or any associated service, or any violation by you of any provision set out in this Legal Notice.

Further, this Legal Notice, including the Terms of Use, may be changed from time to time by the posting of a new one in its place.  Please check back on a regular basis to review the same.


Website is Provided as a Service Only

The documents and information contained on this website are for informational purposes only and are not intended as a solicitation or offering of securities in any jurisdiction. Documents and information available on or through this website are not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to Cinch and should not be used for the purpose of making investment decisions concerning Cinch securities.


Cinch Not Responsible for Linked Websites

Cinch may provide links to third party websites for your convenience only and the inclusion of these links does not imply that Cinch monitors, investigates, verifies or endorses these websites. Accordingly, their use is solely at your own risk.


Internet Software or Computer Viruses

Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of documents or information from this website when displayed or downloaded onto your computer. Cinch takes no responsibility for the accuracy or completeness of documents or information downloaded or displayed from this website.

Computer viruses or other destructive programs may be inadvertently downloaded from this website.   Cinch will not be liable for any Internet software or computer viruses downloaded from this website.  Cinch recommends that you install appropriate anti-virus or other protective software.


Accuracy of Documents and Information

Although Cinch updates this website regularly with documents and information believed to be accurate at the time of posting, Cinch cannot guarantee the accuracy, completeness, timeliness or currency of these documents or information.  Further, documents and information posted on this website may become out-of-date or inaccurate due to the passage of time, the occurrence of events or changes in circumstances.  Cinch disclaims any liability for any failure to update this website or any document or information contain thereon as well as any failure remove any out-of-date or inaccurate documents or information.


Warranty Disclaimer

THIS WEBSITE AND ALL DOCUMENTS AND INFORMATION OBTAINED THEREFROM AS WELL AS ALL ASSOCIATED SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" AND ARE USED BY YOU AT YOUR SOLE RISK.  IN RESPECT OF SAME, CINCH MAKES NO EXPRESS OR IMPLIED REPRESENTATIONS, WARRANTIES OR CONDITIONS WHATSOEVER, AND SPECIFICALLY DISCLAIMS ALL OF THE SAME INCLUDING WITHOUT LIMITATION, ANY REPRESENTATION, WARRANTY OR CONDITION OF CORRECTNESS, TIMELINESS, COMPLETENESS, AVAILABILITY, NON-INFRINGEMENT, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, FREEDOM FROM COMPUTER VIRUSES OR FREEDOM FROM ERROR OR DEFECT INCLUDING ANY THAT MAY BE IMPLIED BY STATUTE.  THIS WEBSITE AND ANY DOCUMENT OR INFORMATION OBTAINED THEREFROM AND ALL ASSOCIATED SERVICES  MAY CONTAIN BUGS, ERRORS, PROBLEMS, VIRUSES OR OTHER LIMITATIONS.  CINCH ASSUMES NO LIABILITY OR RESPONSIBILITY FOR ANY SUCH BUGS, ERRORS, PROBLEMS, VIRUSES OR OTHER LIMITATIONS.


Liability Disclaimer

IN NO EVENT SHALL CINCH BE LIABLE FOR ANY CLAIMS, EXPENSES, DAMAGES (INCLUDING DIRECT, INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES) OR COSTS OR FOR ANY LOSS OF PROFITS, ANTICIPATED SAVINGS, OPPORTUNITIES OR INFORMATION ARISING IN CONNECTION WITH ANY USE OF THIS WEBSITE OR ANY DOCUMENT OR INFORMATION OBTAINED THEREFROM OR ANY ASSOCIATED SERVICE.  This includes, but not limited to, any liability for:

  • the use of or reliance on any document or information contained on or obtained through this website;
  • any inaccuracy or omission in such document or information or failure to keep any document or information current;
  • any use of any third party website linked from this website;
  • any Internet software or software algorithms used in connection with this website;
  • any computer viruses or other destructive programs encountered as a result of using this website;
  • any inability to use this website due to, among others, interruption, delay in operation or transmission, defect, computer virus or line or system failure; or
  • any other matter connected with this website even if Cinch is made aware of the possibility of such claims, expenses, damages, costs or losses.


General

The terms and conditions set out in this Legal Notice, your use of this website and any document or information obtained therefrom and any associated services and the relationship between the parties for the purposes of the foregoing and the resolution of any dispute arising in connection with the foregoing shall be governed and construed in accordance with the laws of the Province of Alberta and those of Canada applicable therein, without reference to their conflict of laws provisions.  You agree that any legal action or proceeding between you and Cinch which in any way concerns any of the foregoing shall be brought exclusively in the courts of Alberta.  Notwithstanding the foregoing, any party may apply to any court of competent jurisdictions to obtain injunctive relief.

The terms and conditions set out in this Legal Notice constitute the entire terms and conditions with respect to the use of the Website and any document or information obtained therefrom and any associated service and the relationship between the parties for the purposes of the same.  No representative of Cinch is authorized to grant any variance to these terms and conditions.  

If any provision of this Legal Notice is held to be invalid or unenforceable, such provision shall be severed and the remaining provisions shall remain in full force and effect.

All monetary amounts mentioned on this website are in Canadian dollars unless otherwise stated.