Terms of Use

ACCESSING THIS SITE SIGNIFIES YOUR AGREEMENT TO THE FOLLOWING TERMS AND CONDITIONS OF USE. If these terms and conditions are not acceptable to you, please do not use this website. Tidewater Renewables Ltd. ("Tidewater", "the company", "we", or "us") may revise and update these Terms and Conditions of Use at any time without notice.

Legal Disclaimer

Nature of Information Provided. Information contained on this website is for information purposes only as a service to Tidewater's customers, shareholders and the Internet community. All information on this website is provided on an "as-is" and "as-available" basis and may be changed without notice. Tidewater does not warrant or make any representations or claims of any kind, either express or implied, as to the accuracy, validity, correctness, currency or otherwise of the information provided on this site, or at any links to external sites, and expressly disclaims any warranties of merchantability, non-infringement of intellectual property rights, third party rights, title, latent defects, uninterrupted service, fitness for any particular purpose or freedom from computer viruses.

Non-Solicitation. The information provided through this website is intended solely for the general knowledge of visitors to the website and does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of Tidewater.

Viruses and Software. The Internet is not a secure medium and is subject to corruption, interception, loss and alteration of information. Internet software or transmission problems could produce inaccurate or incomplete copies of material contained on this website when displayed or downloaded onto your computer, and computer viruses or other destructive programs could be inadvertently downloaded from the website.

Links to Third Party Sites. This website may contain links to other websites ("third-party websites"). Tidewater does not assume responsibility or any liability for the accuracy or appropriateness of the information, data, opinions, advice, or statements contained at third-party websites. In providing links to the other sites, Tidewater is in no way acting as a publisher or disseminator of the material contained on the third-party websites and does not seek to monitor or control such third-party websites. A link to a third-party website should not be construed to mean that Tidewater is affiliated or associated with the entity to which the website is linked. Tidewater does not recommend or endorse any of the content on any third-party website, including, without limitation, any hyperlinks contained within third-party websites. No third-party shall link to this website without the prior written consent of Tidewater.

Limitation of Liability

Tidewater and its affiliates and subsidiaries and the directors, officers, employees and agents of each of them expressly disclaim any liability for any claim, losses or damage, whether direct, special, indirect or consequential, arising out of the interpretation, reliance upon or other use, authorized or unauthorized, of such information, including, without limitation, damages for lost revenue, lost or damaged data, costs or other commercial or economic loss, whether based in contract, tort or any other theory of liability, arising out of:

1. your access to, use of, reliance on, inability to use, or misuse of this website or any material on the website;
2. any use or inability to use any materials, software, content, goods or services located at or made available at any website linked to or from this website, or any consequences flowing therefrom;
3. any inaccuracy or omission in information contained on this website or the failure to keep the information current;
4. any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website;
5. any unauthorized reproduction or use of the information on this website; and
6. any other matter connected with this website.
7. The foregoing limitation shall apply even if Tidewater is advised of the possibility of such damages, losses or expenses.

Intellectual Property

By accessing this website, visitors agree and acknowledge that any and all information, content, reports, data, databases, graphics, interfaces, web pages, text, files, software, product names, company names, trademarks, logos and trade names contained on this website (collectively the "content"), including the manner in which the content is presented or appears and all information relating thereto, are the property of Tidewater or its licensors. This website and the content are protected by copyright, trademark and other proprietary rights Tidewater or third parties. Except as expressly permitted herein, no portion of this website or the content, including trademarks, logos and service marks, may be reproduced in any form or by any means without prior written permission from Tidewater or the applicable third party.

Forward-Looking Statements Advisory

Certain statements contained on this website and in the documents incorporated herein contain forward-looking statements. These statements relate to future events or Tidewater's future performance. The use of words such as "anticipate," "continue", "estimate", "expect", "may", "will", project", "should," "plan," "intend," "believe," and similar expressions, including the negatives thereof, is intended to identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding the future financial position, business strategy, anticipated growth, proposed activities, budgets, references to future capital or other expenditures, projected costs and plans, estimated processing levels, environmental matters, and objectives of or involving Tidewater. Such statements are predictions only and actual events or results may differ materially. You are cautioned that you should not unduly rely on the forward-looking statements and that the forward-looking statements contained herein speak only as of the date they are made.

Such forward-looking statements of information are based on a number of assumptions which may prove to be incorrect. In addition to other assumptions identified in this document, assumptions have been made regarding, among other things:

• general economic and industry trends;
• oil and gas industry expectation and development activity levels and the geographic region of such activity;
• the success of the Corporation’s operations;
• anticipated timelines and budgets being met in respect of the Corporation’s projects and operations;
• future natural gas, crude oil and NGL prices;
• the Corporation's ability to obtain and retain qualified staff and equipment in a timely and cost-effective manner;
• assumptions regarding amount of operating costs to be incurred;
• that proposed transactions will close as expected;
• that counterparties will comply with contracts in a timely manner;
• that there are no unforeseen material costs relating to the facilities which are not recoverable from customers;
• distributable cash flow and net cash provided by operating activities consistent with expectations;
• the ability to obtain additional financing on satisfactory terms;
• the availability of capital to fund future capital requirements relating to existing assets and projects;
• the ability of Tidewater to successfully market its products;
• the Corporation's future debt levels and the ability of the Corporation to repay its debt when due;
• foreign currency, exchange and interest rates;
• that any third-party projects relating to the Corporation’s growth projects will be sanctioned and completed as expected;
• the amount of future liabilities relating to lawsuits and environmental incidents and the availability of coverage under the Corporation’s insurance policies;
• the ability of the Corporation to obtain equipment, services, supplies and personnel in a timely manner and at an acceptable cost to carry out its evaluations and activities; and
• that all required regulatory and environmental approvals for capital projects can be obtained on the necessary terms and in a timely manner.

Actual results achieved will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors including but not limited to:

• general economic, political, market and business conditions, including fluctuations in interest rates, foreign exchange rates and stock market volatility;
• activities of producers and customers and overall industry activity levels;
• the regulatory environment and decisions and First Nations and landowner consultation requirements;
• the timely receipt of third party, regulatory, environmental and governmental approvals and consents related to the Corporation’s acquisitions and dispositions.
• the ability to secure land and water, including obtaining and maintaining land access rights;
• operational matters, including potential hazards inherent in the Corporation's operations and the effectiveness of health, safety, environmental and integrity programs;
• fluctuations in commodity prices, inventory levels and supply/demand trends;
• actions by governmental authorities, including changes in government regulation, tariffs and taxation;
• changes in operating and capital costs, including fluctuations in input costs;
• changes in environmental and other regulations;
• activities of other facility owners, including access to third-party facilities;
• competition for, among other things, business, capital, acquisition opportunities, requests for proposals, materials, equipment, labour and skilled personnel;
• environmental risks and hazards, including risks inherent in the transportation of NGLs which may create liabilities to the Corporation in excess of the Corporation's insurance coverage, if any;
• failure of third parties' reviews, reports and projections to be accurate;
• the possibility that the Corporation fails to formalize agreements with counterparties;
• non-performance or default by counterparties to agreements which the Corporation or one or more of its subsidiaries has entered into in respect of its business;
• actions by joint venture partners or other partners which hold interests in certain of the Corporation’s assets;
• construction and engineering variables associated with capital projects, including the availability of contractors, engineering and construction services, accuracy of estimates and schedules, and the performance of contractors;
• the availability of capital on acceptable terms;
• changes in the credit-worthiness of counterparties;
• adverse claims made in respect of the Corporation's properties or assets;
• changes in the political environment and public opinion;
• risks and liabilities associated with the transportation of dangerous goods;
• risks and liabilities resulting from derailments;
• competitive action by other companies;
• effects of weather conditions;
• reputational risks;
• reliance on key personnel;
• technology and security risks, including cybersecurity;
• potential losses which would stem from any disruptions in production, including work stoppages or other labour difficulties, or disruptions in the transportation network on which the Corporation is reliant;
• technical and processing problems, including the availability of equipment and access to properties;
• changes in gas composition; and
• failure to realize the anticipated benefits of recently completed acquisitions.

The above summary of assumptions and risks related to forward-looking statements in this document is intended to provide shareholders and potential investors with a more complete perspective on Tidewater's current and future operations and such information may not be appropriate for other purposes. There is no representation by Tidewater that actual results achieved will be the same in whole or in part as those referenced in the forward-looking statements and Tidewater does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.

All forward-looking statements contained on this website are expressly qualified by this cautionary statement. Further information about the factors affecting forward-looking statements and management's assumptions and analysis thereof, is available in filings made by Tidewater with Canadian provincial securities commissions available on http://www.sedar.com/.

Jurisdiction

Tidewater and this website (excluding linked third-party websites or content) are based in Alberta, Canada. The use of this website is governed by the federal and provincial laws in force in Alberta. Any dispute arising out of the use of this website or these Terms and Conditions of Use shall be governed by the laws of the province of Alberta and the federal laws of Canada applicable therein without reference to the principles of conflicts of law. The courts of Alberta and the federal courts of Canada shall have exclusive jurisdiction in any dispute. If any part of these terms is held to be invalid or unenforceable, the balance of these terms shall continue to have full force and effect.