Forward Looking Statements

Warren Resources makes all reasonable efforts to update its web site and to provide accurate, timely information. However, you should be aware that certain information is, by its nature, historical and therefore dated. In addition, Warren cannot and does not warrant the accuracy, completeness or timeliness of any information contained on its web site. None of the information contained in Warren's web site constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in Warren's web site.

This Website and our filings with the SEC contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this Website and our filings with the SEC, the words "anticipated," "believe," "estimate," “project,” “possible,” “budget,” "will," “should,” “hope,” "may", "intend" and "expect" and similar expressions identify forward-looking statements. Although we believe that our plans, intentions and expectations reflected in these forward-looking statements are reasonable, these plans, intentions and expectations may not be achieved. Forward-looking statements in this Website and our filings with the SEC include, without limitation, statements regarding:

  • financial position;
  • business strategy;
  • budgets;
  • amount, nature and timing of capital expenditures;
  • drilling of wells;
  • natural gas and oil reserves;
  • timing and amount of future production of natural gas and oil;
  • operating costs and other expenditures;
  • future net revenues from production and estimates of oil and gas reserves;
  • cash flow and anticipated liquidity; and
  • prospect development and property acquisitions.

These forward-looking statements are based on assumptions that the Company believes are reasonable, but they are open to a wide range of uncertainties and business risks, including the following:

  • fluctuations of the prices received or demand for oil and natural gas over time;
  • risks associated with oil and gas exploration;
  • our ability to find, acquire, market, develop and produce new properties;
  • availability and cost of material and equipment;
  • uncertainty of reserve estimates and in the projection of future rates of production and timing of development expenditures;
  • operating hazards;
  • climactic conditions;
  • availability of capital and unexpected substantial variances in capital requirements;
  • the strength and financial resources of our competitors;
  • regulatory developments;
  • environmental risks; and
  • general economic conditions.

Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained in this Website and our filings with the SEC. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in this Website and our filings with the SEC, including under the heading "Risk Factors." These factors are not intended to represent a complete list of the general or specific factors that may affect us. It should be recognized that other factors, including general economic factors and business strategies, may be significant, presently or in the future, and the factors set forth in this Website and our filings with the SEC may affect us to a greater extent than indicated. All forward?looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth in this Website and our filings with the SEC. Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

 


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