CONDITIONS OF USE FOR THIS PAGE

Cathedral Energy Services Ltd. (“Cathedral”) maintains an investor relations section on this website as an informational service and it should not be used for the purpose of making investment decisions concerning Cathedral. This website is not intended to supplement or be a substitute for the legal disclosure for Cathedral or for the prospectus disclosure related to the public offering of any of its securities. Please read the below Legal Notice before you proceed. All content on this website is for informational purposes only and is provided on an “as is”, “as available” basis for your personal, non-commercial use. Cathedral expressly disclaims any warranties in relation to the information contained on this website. Your use of this website is in itself acceptance of the terms and conditions regarding use as stated in the Legal Notice below and elsewhere in this.

LEGAL NOTICE

Disclaimer

Although Cathedral believes the information posted on this website to be correct at the time it is posted, Cathedral makes no representation or warranty of any kind regarding the information on this website, including without limitation representations and warranties as to the accuracy, reliability, currency, validity, veracity, or completeness of the content of the website. The website and the content of the website are provided on an “as is” basis, without warranty of any kind, either expressed or implied. This website is not intended as a solicitation or offering of securities in any jurisdiction. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to Cathedral and should not be used for the purpose of making investment decisions.

Any use or reliance on the content of the website shall be at your sole risk. Under no circumstances shall Cathedral be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to loss of programs, loss of data, loss of use of computer or other systems, or loss of profits arising from your use, or inability to use, the material on this website.

Information on this website is deemed to be provided in Alberta, Canada and is subject to all applicable laws, including the laws of the Province of Alberta. All disputes or claims arising out of use of this website shall be subject to the jurisdiction of the Alberta courts.

Forward Looking Statements Cautionary Disclaimer

Certain statements contained in this website and the documents included herein, may contain (i) statements that contain words such as “anticipate”, “could”, “expect”, “seek”, “may”, “intend”, “will”, “believe”, “should”, “project”, “forecast”, “plan” and similar expressions suggesting future outcomes, including the negatives thereof, (ii) statements that are based on current expectations and estimates about the markets in which the Cathedral operates and (iii) statements of belief, intentions and expectations about developments, results and events that will or may occur in the future, constitute “forward-looking statements” and are based on certain assumptions and analysis made by Cathedral.

Forward-looking statements in this presentation include, but are not limited to: statements with respect to Cathedral’s strategy, future capital expenditures, including the amount, nature and timing thereof, oil and natural gas prices and demand; other development trends within the oil and natural gas industry; expansion and growth of Cathedral’s business and operations including Cathedral’s market share and position in the oilfield service market; and other such matters.

Such forward-looking statements are subject to important risks and uncertainties, which are difficult to predict and that may affect Cathedral’s operations, including, but not limited to: the performance of Cathedral's businesses, including current business and economic trends; oil and natural gas commodity prices and production levels; alternatives to and changing demand for hydrocarbon products; performance obligation to clients; capital expenditure programs and other expenditures by Cathedral and its customers; currency exchange and interest rates; the ability of Cathedral to service its debt; the ability of Cathedral to retain and hire qualified personnel; the ability of Cathedral to obtain parts, consumables, equipment, technology, and supplies in a timely manner to carry out its activities; the ability of Cathedral to maintain good working relationships with key suppliers; the ability of Cathedral to market its services successfully to existing and new customers and reliance on major customers; risks associated with technology development and intellectual property rights; the ability of Cathedral to maintain safety performance; the ability of Cathedral to obtain timely financing on acceptable terms; the ability to obtain sufficient insurance coverage to mitigate operational risks; risks associated with acquisitions and business development efforts; environmental risks; risks associated with information technology systems; changes under governmental regulatory regimes and tax, environmental and other laws in Canada and U.S.; competitive risks;  and other factors, many of which are beyond the control of Cathedral. Cathedral’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do transpire or occur, what benefits Cathedral will derive from there. Subject to applicable law, Cathedral disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

All forward-looking statements contained in this document are expressly qualified by this cautionary statement. Further information about the factors affecting forward-looking statements is available in Cathedral’s current Annual Information Form and Annual Report which have been filed with Canadian provincial securities commissions and are available on www.sedar.com.

© 2021 Cathedral Energy Services

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