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Important Notice

Your access and use of this website (the “Website”) constitutes your agreement with Saturn Oil & Gas Inc. (“Saturn”) to be governed by the terms and conditions of use set out in this notice. These terms and conditions in this notice may be updated from time to time without notice. Your continued usage of this website will mean acceptance of those changes. If you do not agree with all of these terms and conditions, immediately cease all use of this website.

This Website is owned and operated by Saturn. Any access to the Website and any use of any content contained on or accessible via the Website (such content includes, without limitation, all information, data, software, computer code and web pages contained in it, collectively the “Content”): (i) is subject to this Agreement; (ii) is conditional upon your agreement to this Agreement; and (iii) constitutes your acceptance of all the terms and conditions of this Agreement.

Amendments

You agree that Saturn may modify or replace this notice at any time and may provide you with sufficient notice of any and all modifications or replacements by posting the changed version on the Website. You agree that it is your responsibility to check for such changes each time you access or use the Website. Any such access or use shall be deemed to mean you are accepting this Agreement, as so modified or replaced, whether or not you have viewed this Agreement, as modified or replaced.

Limited License

This Agreement grants you (the “User”) a limited, revocable, non-exclusive, personal and temporary license to view, access, download, experience or use (“use”) the Website and the Content for your own personal and non-commercial use and conveys no ownership or proprietary interest of any kind therein. This Agreement does not give you permission to modify, reproduce, download, publish, disseminate, transmit, sell, create derivative works, display, frame or in any way exploit any of the Content, except with the express written permission of Saturn.

Disclaimers and Limitations

The Website and its Contents are made available for general information purposes only, are not intended to constitute an offering of securities of any kind in any jurisdiction and subject always to this Agreement. None of the Content constitutes business, financial, investment, tax, legal or other advice and you agree, warrant and represent that you will not use or rely on any Content for any of the same. You will indemnify and forever save harmless Saturn, its subsidiaries and affiliates and their respective directors, officers, employees, servants or agents from any damages arising out of any breach by you of the foregoing warranties and representations.

Information disclosed under corporate securities legislation of Canadian, U.S. or other jurisdictions applicable to Saturn, including, but not limited to, annual reports, quarterly reports, annual information forms, information circulars or press releases, is not intended in any way to be qualified, amended, modified or supplemented by information available in, through or on this Website. Although Saturn believes this information to be correct at the time it is posted, Saturn does not warrant the accuracy, completeness or currency of this information at all times. All information on this Website is provided strictly on an “as is”, “where is” and “as available” basis without any representations, warranties or endorsements whatsoever.

INVESTMENT DECISIONS

MATERIAL CONTAINED IN THIS WEBSITE IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OR A SOLICITATION OF AN OFFER FOR THE PURCHASE AND SALE OF ANY SHARES OR OTHER SECURITIES OF SATURN OR ANY OF ITS AFFILIATES IN ANY JURISDICTION.

Information disclosed under the corporate and securities laws of those Canadian jurisdictions applicable to Saturn is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through or on this website. The information set out in this website should not be used for the purpose of making investment decisions with respect to Saturn shares or securities.

In addition, the information and materials available on this website are not intended to provide specific legal, accounting, financial, investing or tax advice to any user, and any decisions you make based on information contained in this website are your sole responsibility. The documents and information available on this website are provided as a convenience only, and where any documents on this website have been filed in accordance with applicable securities laws, such documents are not the official versions of Saturn’s securities laws disclosure documents and the user is directed to obtain official copies either from applicable securities regulators or from the Company. No information contained in this website constitutes or should be deemed to constitute an invitation to invest or otherwise deal in the securities of Saturn or an invitation by or on behalf of Saturn to enter into an agreement with you.

Forward-Looking Statements

Some of the information which can be obtained from this Website may contain projections or other forward-looking statements regarding future events or the future financial performance of Saturn. Users are cautioned that assumptions used in the preparation of these forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such forward-looking statements or could affect the extent to which a particular projection is realized. There is no warranty, covenant, condition or representation by Saturn that actual results achieved during any forecast period will be the same in whole or in part as those forecast. You agree that Saturn shall have no obligation, nor at any time in the future, to update, revise, edit, modify or delete the forward-looking statements.

Certain information included in this press release constitutes forward-looking information under applicable securities legislation. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “scheduled”, “will” or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information in this press release may include, but is not limited to Saturn’s drilling and development plans, the performance characteristics of our oil and natural gas properties, production levels, reserves, capital expenditures, business plan, cost model and strategy of the Company.

Although Saturn believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Saturn can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraints in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the oil and gas industry, adverse weather or break-up conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect. Although Saturn believes that the expectations reflected in its forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because Saturn can give no assurance that such expectations will prove to be correct.

Third party information has been obtained from sources believed to be reliable, but Saturn has not independently verified the accuracy or completeness of included information, analyzed or verified the underlying studies or surveys relied upon or referred to by such sources, or ascertained the underlying economic assumptions relied upon or referred to by such sources.

Exclusion of Liability

You acknowledge and agree that in no event will Saturn, its subsidiaries and affiliates and their respective directors, officers, employees, servants or agents, be liable in any manner whatsoever for any loss, claim, cost or damages of any kind, including, without limitation, any direct, indirect, general, special, incidental, consequential, punitive, aggravated or exemplary damages, whether such damages arise out of any use of or misuse of, or downloading or viewing of, or interpretation of or reliance upon, this Website or its Contents, whether authorized or unauthorized, or any errors, inaccuracies, omissions or defects in this Website or the information, including without limitation, damages for business loss, harm to business, loss of profits, failure to realize expected results, profits or savings, interruption of activities, loss of or damage to data or computer systems, or any other economic or pecuniary loss or damage whatsoever, regardless of the form of action or legal theory, including tort, contract, strict liability or breach of any duty.

Trademark and Copyright

All material and information found in this Website is protected under the copyright and trademark laws of Canada and other applicable jurisdictions. The display of trademarks, tradenames or design marks in this Website does not imply that a license of any kind has been granted to any other party. Any unauthorized use regarding publication, copying or modification of information on this Website, including trademarks, tradenames and design marks, may violate applicable legislation and may result in legal action.

Links to Third Party Sites

Saturn does not control any third-party website and is therefore not responsible for the content of any linked website, the functioning or availability of any such website, or any link contained in a linked website. Saturn provides such links only as a convenience and the inclusion of any link does not imply, confirm or signify any endorsement, investigation or verification by Saturn of the linked website or information contained therein and Saturn makes no warranty, representation, guarantee or condition with respect to any such website.

Applicable Law

This Agreement, your use of the Website and the Content and the relationship between the User and Saturn in connection with the same shall be governed and construed in accordance with the laws of the Province of Alberta and those of Canada applicable therein, without reference to their conflict of laws and all matters arising in connection with the same shall be brought exclusively in the courts of Alberta.