This current report on Form 6-K contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this current report on Form 6-K can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “will,” “estimate” and “potential,” among others.
Forward-looking statements appear in a number of places in this current report on Form 6-K and include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to, those identified in the “Risk Factors” section of this current report on Form 6-K and in our Annual Report incorporated by reference herein. These risks and uncertainties include factors relating to:
| · | the volatility of oil and natural gas prices; |
| · | operating risks, including equipment failures and the amounts and timing of revenues and expenses; |
| · | termination of, or intervention in, concessions, rights or authorizations granted by the Colombian, Argentine and Venezuelan governments to us; |
| · | uncertainties inherent in making estimates of our oil and natural gas data; |
| · | environmental constraints on operations and environmental liabilities arising out of past or present operations; |
| · | discovery and development of oil and natural gas reserves; |
| · | climate change related risks; |
| · | project delays or cancellations; |
| · | financial market conditions and the results of financing efforts; |
| · | any future defaults in respect of our outstanding debt agreements; |
| · | political, legal, regulatory, governmental, administrative and economic conditions and developments in the countries in which we operate; |
| · | social and political unrest in many countries in which we operate; |
| · | fluctuations in inflation and/or exchange rates in Colombia Argentina and in other countries in which we may operate in the future, including Venezuela; |
| · | availability and cost of drilling rigs, production equipment, supplies, personnel and oil field services; |
| · | contract counterparty risk; |
| · | projected and targeted capital expenditures and other cost commitments and revenues; |
| · | pandemics, or the future outbreak of any highly infectious or contagious disease; |
| · | weather and other natural phenomena; |
| · | armed conflicts, and heightened geopolitical tensions including in the Middle East; |
| · | the impact of recent and future regulatory proceedings and changes, changes in environmental, health and safety and other laws and regulations to which the Company, the Subsidiaries, including the Guarantors, or our operations are subject, as well as changes in the application of existing laws and regulations; |
| · | current and future litigation; |
| · | our ability to successfully identify, integrate and complete pending or future acquisitions and dispositions; |
| · | our ability to retain key members of our senior management and key technical employees; |
| · | information technology failures; |
| · | competition from other similar oil and natural gas companies; |
| · | market or business conditions and fluctuations in global and local demand for energy; |
| · | the direct or indirect impact on our business resulting from terrorist incidents or responses to such incidents, including the effect on the availability of and premiums on insurance; |
| · | the adverse effect which a substantial or extended decline in oil and natural gas price may have on our business; |
| · | material weaknesses in our internal control over financial reporting; |
| · | potential impacts that tariffs may have on our cost structure, supply chain, and commodity markets; |
| · | changes in the composition of our shareholder base, including the entry of new shareholders with significant stakes in the Company, as well as potential actions taken by third parties (or by a shareholder), including unsolicited acquisition proposals or attempts to acquire control, that may affect our corporate governance or strategic direction; |
| · | the difficulty in integrating significant acquisitions, including the acquisition in Argentina’s Vaca Muerta Formation and the pending acquisition in Venezuela (Bare Block) or unexpected contingencies or changes in reserves estimates we discover following the completion of such acquisitions; and |
| · | other factors discussed under the “Risk Factors” section of this current report on Form 6-K and in our Annual Report incorporated by reference herein. |
