Legal Terms And Conditions

Legal Notice

Information contained in this Zargon Energy Trust (“Zargon”) web site is for information purposes only. The web site and the information (including changes to the terms herein) may be changed or updated from time to time without notice. In consideration for using Zargon's web site, the visitor agrees to hold Zargon and its affiliates and subsidiaries, and their respective directors, officers, employees and agents harmless against any claims for damages or costs or any loss of any kind arising out of the access to or use of this web site or any information contained in or obtained through this web site. As visitors access this web site on a server in Alberta, Canada, the information contained in this web site is deemed to be provided in Alberta and is subject to Alberta law and the laws of Canada applicable therein. If you access this web site from outside of Canada, you do so at your own risk and are responsible for compliance with local, national or international laws including, without limitation, securities laws and import and export laws.

Disclaimer of Warranties

In addition to the above disclaimers of warranties, Zargon hereby expressly disclaims any liability for errors or omissions in the information contained in this web site. Information contained in this web site does not constitute a solicitation or an offering of securities in any jurisdiction. Information disclosed under corporate securities legislation of Canada, e.g. Annual Report, Quarterly Reports, Annual Information Forms or press releases, is not intended in any way to be qualified, amended, modified or supplemented by information available in, through or on this Zargon web site. Although Zargon believes this information to be correct at the time it is posted, Zargon does not warrant the accuracy, completeness or currency of this information at all times. All information contained in this web site is provided on an as-is and as-available basis without any representations, warranties or endorsements whatsoever.

No warranty of any kind, implied, expressed or statutory, warranty of merchantability and non-infringement of intellectual property rights, third party rights, title, fitness for any particular purpose or freedom from computer viruses or other contaminating or destructive properties is given in conjunction with the information contained in this web site.

Exclusion of Liability

In no event shall Zargon be liable for any damages, including without limitation, direct or indirect, special, incidental or consequential damages, loss of profits, opportunities or information arising in connection with the Zargon web site or with any linked web site even if Zargon is made aware of the possibility of such damages, losses, claims or expenses.

Links to Third Party Sites

This web site contains links to third party sites. These links have been provided solely as a convenience for users of this web site and do not constitute an endorsement by Zargon of the content of such third party sites. Links to this web site may also be provided from other sites either known or unknown to Zargon. Access to any other web site linked to or from this web site is at your own risk. Zargon has not reviewed and is not responsible for the content of any third party sites linked to or from this web site and does not make any representations regarding the privacy practices, content or accuracy of materials on such third party sites.

No Solicitation

Material contained in or accessible through this web site is for information purposes only and is not intended to and does not constitute an offering of securities in any jurisdiction. Zargon does not assume any duty of disclosure beyond what which is required by applicable law.

Zargon is subject to the securities laws of various jurisdictions. Information disclosed or provided by us pursuant to the securities laws of those jurisdictions is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through, or on this web site. Our publicly filed disclosure documents can be viewed at www.sedar.com.

Investment Decisions

The information set out in this web site should not be used for the purpose of making investment decisions with respect to Zargon's securities. If you are contemplating trading in Zargon's securities, you should review our publicly filed disclosure documents at www.sedar.com and contact your securities broker or financial advisor.

Compliance with Laws

In addition to complying with these Terms, you agree to use the web site, linked sites and services available on or through the web site and linked sites for lawful purposes only and in a manner consistent with local, national or international laws and regulations. You may not use the website or linked sites in any manner that could damage, disable, overburden, or impair the website or linked sites or interfere with any other party's use or enjoyment of the web site or linked sites.

Forward-Looking Statements

Forward-Looking Statements - This website offers our assessment of Zargon's future plans and operations, and contains forward-looking statements. Such statements are generally identified by the use of words such as "anticipate", "continue", "estimate", "expect", "forecast", "may", "will", "project", "should", "plan", "intend", "believe", and similar expressions (including the negatives thereof). By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond our control, including such as those relating to results of operations and financial condition, general economic conditions, industry conditions, changes in regulatory and taxation regimes, volatility of commodity prices, escalation of operating and capital costs, currency fluctuations, the availability of services, imprecision of reserve estimates, geological, technical, drilling and processing problems, environmental risks, weather, the lack of availability of qualified personnel or management, stock market volatility, the ability to access sufficient capital from internal and external sources and competition from other industry participants for, among other things, capital, services, acquisitions of reserves, undeveloped lands and skilled personnel. Risks are described in more detail in our Annual Information Form, which is available on our website. Forward-looking statements are provided to allow investors to have a greater understanding of our business.

You are cautioned that the assumptions, including among other things, future oil and natural gas prices; future capital expenditure levels; future production levels; future exchange rates; the cost of developing and expanding our assets; our ability to obtain equipment in a timely manner to carry out development activities; our ability to market our oil and natural gas successfully to current and new customers; the impact of increasing competition; our ability to obtain financing on acceptable terms; and our ability to add production and reserves through our development and acquisition activities used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Our actual results, performance, or achievement could differ materially from those expressed in, or implied by, these forward-looking statements. We can give no assurance that any of the events anticipated will transpire or occur, or if any of them do, what benefits we will derive from them. The forward-looking information contained in this website is expressly qualified by this cautionary statement. Our policy for updating forward-looking statements is that Zargon disclaims, except as required by law, any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Barrels of Oil Equivalent - Barrels of oil equivalent (“boe”) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet of natural gas to one barrel of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

General

These Terms, any and all other notices, policies and statements contained on the web site constitute the entire agreement between Zargon and you. These Terms cannot be modified except as described elsewhere herein. These Terms supercede anything in the web site inconsistent with these Terms. No waiver of any of these Terms shall be deemed a further or continuing waiver of such term or condition or any other term or condition. If in any jurisdiction, any part of these Terms is held to be unenforceable by a court of competent jurisdiction, such part of these Terms shall be restricted or eliminated to the minimum extent necessary and the remaining Terms shall otherwise remain in full force and effect.

Unit/Exchangeable Shared Price

All quotes are delayed at least 15 minutes unless otherwise stated and are believed to be accurate but are not guaranteed or warranted by the TSX Inc. Source: TSX Inc.

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