DISCLAIMER

Our presentations contain forward-looking statements that may be identified by words like “forecast”, “estimated”, “expected” or similar expressions. These forward looking statements are based on certain assumptions that involve a number of risks and uncertainties and are not guarantees of future performance. Actual results could differ materially as a result of changes in Perpetual Energy's plans, changes in commodity prices, regulatory changes, general economic, market and business conditions as well as production, development and operating performance and other risks associated with oil and gas operations. 

Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in the Corporation’s securities should not place undue reliance on these forward-looking statements. Additional information on these and other factors that could affect Perpetual Energy’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Furthermore, the forward-looking statements contained in these presentations are made as at the date of presentation and Perpetual Energy does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.