RE: RE: Remember Tysagas? Speaking of not-good surprises, check out the list of “risk factors” they’re now hiding behind…, whole lotta butt-covering going on, LOL!
Risk Factors
The Company is exposed to a variety of risks and uncertainties, including, but not limited to the risks set out below:
· Exploration, Development and Production Risks
· Risks of Foreign Operations
· Contractual Relationships
· Industry Conditions
· Uncertainty Regarding Interpretation and Application of Ukrainian Laws and Regulations
· Additional Financing
· Liquidity Risks
· Risk of Annulling Concessions Held by the Company
· Licenses and Permits
· Stage and Development
· Reserve and Resource Estimates
· Reliance on Industry Partners
· Reliance on Operators
· Fluctuations on Foreign Currency Exchange Rates
· Foreign Exchange Hedging Risks
· Failure to Realize Anticipated Benefits of Acquisitions and Dispositions
· Availability of Drilling Equipment and Access
· Project Completion
· Delays in Business Operations
· Title to Properties and Assets
· Key Personnel
· Price Volatility of Publicly Traded Shares
· Management of Growth
· Conflicts of Interest
· Environmental Regulation and Risks
· Risks Related to Legal Proceedings
· Volatility of Oil and Gas Prices and Markets
· Global Economic Crisis