| 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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