Investor Presentaiton
Forward-looking Statements
This announcement contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933,
as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended. These forward-looking statements are,
by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to:
The amounts and nature of future exploration, development and other capital expenditures; future prices and demand for crude oil, natural
gas, refined products and chemical products; development projects, exploration prospects, reserves potential, development and drilling potential;
production of products and sales volume; planned production facilities and sales network; future development trends of the oil and gas industry;
planned pipeline business development; planned expansion of natural gas infrastructure; the plan to continue to pursue attractive business
opportunities inside and outside China; anticipated financial and operating information regarding, and the future development and economic
performance of, the Company's business; anticipated market risk exposure arising from future changes in interest rates, foreign exchange rates
and commodity prices; and other prospects of Company's business and operations.
The words "anticipate", "believe", "could", "estimate", "expect", “intend”, “may”, “plan”, “seek", "will" and "would" and similar expressions, as
they related to us, are intended to identify a number of these forward-looking statements.
By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances
that will occur in the future and are beyond the Company's control. The forward-looking statements reflect the Company's current views with
respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in the
forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in this announcement and the
following:
Fluctuations in crude oil and natural gas prices; effects of the recent COVID-19 pandemic; failure to achieve continued exploration success;
failures or delays in achieving production from development projects; continued availability of capital and financing; acquisitions and other
business opportunities that the Company may pursue; general economic, market and business conditions, including volatility in interest rates,
changes in foreign exchange rates and volatility in commodity markets; liability for remedial actions under environmental regulations; the actions
of competitors; wars and acts of terrorism or sabotage; changes in policies, laws or regulations of the PRC, including but not limited to changes
in policies, laws or regulations in relation to the oil and gas industry (inclusive of the pipeline network reform); other changes in global economic
and political conditions affecting the production, supply and demand and pricing of crude oil, refined products, petrochemical products and
natural gas; and other risk factors discussed in this announcement, and other factors beyond Company's control.
You should not place undue reliance on any forward-looking statements.
Upon completion of the Transactions, the Company will indirectly, instead of directly, use and receive incomes from the Target Assets. The
rights and obligations and relevant risk-taking in relation to operations of the Target Assets after completion of the Transactions have been
agreed in accordance with the terms of the Transaction Agreements. However, the specific effects of the relevant arrangements in relation to
operations of the Target Assets in the future are still subject to uncertainty.
PetroChina
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