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Cenovus Energy Inc

Cenovus Energy Inc is a Canada-based integrated oil company. It operates in the business of developing, producing and marketing crude oil, Natural Gas Liquids (NGLs) and natural gas in Canada. The Company also conducts marketing activities and owns refining interests in the United States (U.S.). Its segments include: Oil Sands, which includes the development and production of bitumen and natural gas in northeast Alberta; Conventional, which includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake, the carbon dioxide (CO2) enhanced oil recovery (EOR) project at Weyburn and emerging tight oil opportunities; Refining and Marketing, which includes transporting and selling crude oil and natural gas and joint ownership of refineries in the U.S., as well as Corporate and Eliminations.

Stock Exchange
Symbol
New York Stock Exchange
Locations
Cenovus Energy Inc
2600-500 Centre Street S.E.
St PO Box 766 CALGARY   AB   T2P 0M5

Website: http://www.cenovus.com/
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Patrick Daniel

Chairman of the Board

Mr. Patrick D. Daniel serves as Chairman of the Board of Cenovus Energy Inc. Mr. Daniel is a director of Canadian Imperial Bank of Commerce; a director of Capital Power Corporation, a publicly traded North American power producer; and Chair of the North American Review Board of American Air Liquide Holdings, Inc., a subsidiary of a publicly traded industrial gases service company. Mr. Daniel served as a director of Enbridge Inc. (“Enbridge”), a publicly traded energy delivery company, from April 2000 to October 2012. During his tenure with Enbridge, he also served as President & Chief Executive Officer from January 2001 to February 2012 and as Chief Executive Officer from February 2012 to October 2012. Mr. Daniel holds a Bachelor of Science degree from the University of Alberta and a Master of Science degree from the University of British Columbia. In 2010, he received an Honorary Doctorate of Law from the University of Alberta. He is also a member of the Association of Professional Engineers and Geoscientists of Alberta and chairs the Daniel Family Foundation. Mr. Daniel has been a member of the Cenovus Board since its inception in November 2009.
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Brian Ferguson

President, Chief Executive Officer, Non-Independent Director

Mr. Brian C. Ferguson serves as President, Chief Executive Officer, Non-Independent Director of Cenovus Energy Inc. Mr. Ferguson has served as President & Chief Executive Officer of Cenovus since its formation on November 30, 2009. Mr. Ferguson is accountable for overall leadership of Cenovus’s strategic and operational performance. Prior to leading Cenovus, Mr. Ferguson was Executive Vice-President & Chief Financial Officer of Encana Corporation. His business experience spans a variety of areas including finance, business development, reserves, strategic planning, evaluations and communications. Mr. Ferguson is a Fellow of the Chartered Professional Accountants of Alberta and a member of the Chartered Professional Accountants of Canada. Mr. Ferguson is a director of The Toronto-Dominion Bank, a board member of the Business Council of Canada and a member of the Government of Canada’s Advisory Council on Economic Growth. Mr. Ferguson has served on several other boards, including the Canadian Association of Petroleum Producers (“CAPP”) Board of Governors. He continues to serve on CAPP’s Oil Sands CEO Council; is Chair of the Calgary Police Foundation and was named Calgary’s first Honourary Deputy Police Chief. Mr. Ferguson holds a Bachelor of Commerce degree, with distinction, from the University of Alberta and has completed the University of Western Ontario’s Executive Management program.
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Ivor Ruste

Chief Financial Officer, Executive Vice President

Mr. Ivor M. Ruste serves as Chief Financial Officer, Executive Vice President of Cenovus Energy Inc. He oversees a team accountable for the company's financial, risk and compliance functions including accounting and financial reporting, financial performance and analysis, treasury, tax, financial, market and enterprise risk, and acquisitions and divestitures. He is also accountable for the company’s supply chain management and procurement activities as well as oversight of the company’s security, Sarbanes-Oxley Act (SOX), business conduct and ethics, enterprise assurance which includes internal audit and COMS assurance and other corporate policy compliance. Ivor joined Cenovus Energy's predecessor company in 2006 and was appointed Executive Vice-President, Corporate Responsibility and Chief Risk Officer in January 2008. Ivor graduated with a Bachelor of Commerce degree, with distinction, from the University of Alberta and is a Fellow Chartered Accountant (FCA). From 1998 to 2006, he was the Managing Partner of the Edmonton office of KPMG LLP and was also the Alberta Regional Managing Partner and Vice-Chair of the KPMG Canada Board of Directors. Ivor is a member of the Canadian and Alberta Chartered Professional Accountants and a member of the Board of Directors and Audit Committee Chair for Stantec Inc. He also recently served as a member of the Canadian Association of Petroleum Producers Board of Governors and as a member of the Audit Committee for the Province of Alberta. He has served on the Boards of, or in leadership positions with, organizations including the University of Alberta, United Way and the Young Presidents' Organization as well as other professional organizations and committees throughout his career.
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Harbir Chhina

Executive Vice President, Chief Technology Officer

Mr. Harbir S. Chhina serves as Executive Vice President, Chief Technology Officer of the Company. As Executive Vice-President & Chief Technology Officer, Harbir is accountable for focusing Cenovus’s upstream and downstream technology efforts where we believe we can create the greatest value for our shareholders. He oversees Cenovus’s technology development initiatives, new resource plays, emerging oil sands projects and the development of solvents for our operations. Harbir was instrumental in the initial application of steam-assisted gravity drainage (SAGD) technology on a commercial basis. Harbir has over 35 years of experience in all aspects of enhanced oil recovery including technology, business and organizational development. He has a Bachelor of Science degree in Chemical Engineering from the University of Calgary.
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Alan Reid

Executive Vice-President - Environment, Corporate Affairs, Legal & General Counsel

Mr. Alan Craig Reid serves as Executive Vice-President - Environment, Corporate Affairs, Legal & General Counsel of the company. Mr. Reid became Executive Vice-President, Environment, Corporate Affairs, Legal & General Counsel on December 1, 2015. From September 2015 to November 2015, Mr. Reid was Cenovus’s Executive Vice-President, Environment, Corporate Affairs & Legal. From January 2014 to August 2015, Mr. Reid was Cenovus’s Senior VicePresident, Christina Lake & Narrows Lake. From January 2012 to January 2014, Mr. Reid was Cenovus’s Senior Vice-President, Christina Lake. From November 2009 to January 2012, Mr. Reid was Cenovus’s Vice-President, Regulatory, Health & Safety.
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Judy Fairburn

Executive Vice President - Safety, Chief Digital Officer

Ms. Judy A. Fairburn serves as Executive Vice President - Safety, Chief Digital Officer of the Company. As the Executive Vice-President, Safety & Chief Digital Officer at Cenovus, Judy is accountable for evolving our health and safety standards and operations management system, and driving our safety commitments across the company. She is also accountable for leading Cenovus’s digital transformation strategy and developing innovative cross-sector partnerships in areas of strategic importance to the company. Judy also oversees Cenovus’s enterprise information systems, workplace requirements and real estate. Her previous executive and senior leadership responsibilities include operations, refining, strategic planning, environment, portfolio management, technology development and corporate venture capital. Trained as a chemical engineer and having completed an MBA, Judy started her career as a facilities and operations engineer in oil sands and natural gas facilities. She is well known for driving collaborative innovation. She was pivotal in furthering the integration of environment into Cenovus’s business strategy and in the creation of Canada’s Oil Sands Innovation Alliance (COSIA). Judy serves as the Board Chair of Alberta Innovates, the Alberta government’s not-for-profit corporation that seeks to catalyze impactful research and innovation across the energy, environment, forestry, agriculture, health and emerging technology sectors. Judy is a Director and co-founder of Evok Innovations, a cleantech fund focused on accelerating the development and commercialization of solutions to environmental and economic challenges facing the oil and gas sector. She is also a Director for the federal cleantech fund Sustainable Technology Development Canada, as well as Director of the Public Policy Forum, an organization focused on tackling Canada’s most complex challenges through constructive dialogue across all sectors.
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Kieron McFayden

Executive Vice President, President - Upstream Oil & Gas

Mr. Kieron McFayden serves as Executive Vice President, President - Upstream Oil & Gas of the Company. As Executive Vice-President & President, Upstream Oil & Gas, Kieron is accountable for leading the development and operation of Cenovus’s oil sands assets as well as the company’s conventional oil and natural gas operations and projects. Kieron plays a key role in helping position Cenovus as a low-cost leader that excels in operational excellence, enabled by safety and innovation. He also oversees the relationships with Cenovus’s upstream external business partners and service providers. Kieron is trained as a mechanical engineer and has gained experience in a variety of roles during his 30-year career in the oil and gas industry. Before joining Cenovus, Kieron held several senior positions with Royal Dutch Shell where his responsibilities included joint ventures, health, safety and environment, business and growth strategy, reputation management and stakeholder relations. Kieron has a demonstrated ability to drive value and lead change and a proven track record of safety leadership while managing large-scale projects and operations.
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Robert Pease

Executive Vice President - Strategic Planning, President, Downstream

Mr. Robert William Pease serves as Executive Vice President - Strategic Planning, President, Downstream of the Company. As Executive Vice-President, Strategic Planning & President, Downstream, Robert is accountable for Cenovus's strategic business plan, including portfolio management. He is also accountable for our refining joint venture, all commercial activities associated with crude oil, diluent, natural gas, natural gas liquids and other hydrocarbon products produced or acquired by Cenovus, and with developing short-term and long-term strategies aimed at maximizing value along the integrated value chain. Robert also ensures Cenovus’s marketing and hedging strategies reduce the company’s exposure to risk and commodity price fluctuations. Before joining Cenovus, Robert was President & Chief Executive Officer of Houston-based Motiva Enterprises LLC, a large refining, distribution and marketing joint venture between subsidiaries of Royal Dutch Shell and Saudi Aramco. Prior to that he was President of Shell Trading (US) Company and also held a variety of positions in Equilon Enterprises LLC, Star Enterprise LLC, and Texaco USA. With more than 35 years in the industry, Robert’s experience encompasses many facets of U.S. downstream business and offers a global perspective from his years in supply and trading, and his involvement in three joint venture companies. Robert earned a Bachelor of Science in chemical engineering and a minor in economics from Rose-Hulman Institute of Technology and is a graduate of the University of Virginia, Darden Graduate School of Business, Executive Program.
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J. Drew Zieglgansberger

Executive Vice President - Deep Basin

Mr. J. Drew Zieglgansberger serves as Executive Vice President - Deep Basin of the Company. As Executive Vice-President, Deep Basin, Drew is accountable for the development and safe operations of Cenovus's Deep Basin assets in Alberta and British Columbia. Drew has more than 20 years of oil and natural gas experience in drilling, completions, stakeholder relations and managing capital projects and operations. He began his career as a drilling rig roughneck in the early 1990s and then ran his own oilfield services consulting company prior to joining one of Cenovus’s predecessor companies as a drilling coordinator at Foster Creek in 1999. Drew has an Advanced Executive Certificate from Queen's University and is a member of the Society of Petroleum Engineers and the Canadian Heavy Oil Association. He also has a Global Energy Executive MBA from the University of Calgary’s Haskayne School of Business.
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Sarah Walters

Vice President - Human Resources

Ms. Sarah Walters serves as Vice President - Human Resources of the Company. As Vice-President, Human Resources, Sarah is accountable for building the appropriate organization capability and capacity to deliver upon the business strategy. In her role, Sarah is responsible for working with key stakeholders to create effective organization design, organization development, strategic workforce planning, performance management, leadership development & effectiveness, technical development, culture, succession planning, recruitment and providing strategic and operational advice on all people and organizational matters. Sarah has more than 20 years of international strategic HR and organizational development experience gained within the rail, National Health Service and oil & gas industries. Sarah earned a Master of Science from Dearne Valley Business School in the U.K.
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Gary Molnar

Corporate Secretary


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Susan Dabarno

Independent Director

Ms. Susan F. Dabarno serves as Independent Director of the Company. Ms. Dabarno is a director of Manulife Financial Corporation. Ms. Dabarno has extensive wealth management and financial expertise and served as Executive Chair of Richardson Partners Financial Limited, an independent wealth management services firm, from October 2009 to April 2010, and as President and Chief Executive Officer from June 2003 to October 2009. Prior to joining Richardson Partners Financial Limited she was President and Chief Operating Officer at Merrill Lynch Canada Inc. She served as a director of the Toronto Waterfront Revitalization Corporation (government funded organization) and Bridgepoint Health Foundation (not-for-profit) and People Corporation. Ms. Dabarno is a Fellow of the Chartered Professional Accountant of Ontario and holds a Class II Diploma from McGill University. Ms. Dabarno has been a member of the Cenovus Board since April 2017.
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Ian Delaney

Independent Director

Mr. Ian W. Delaney serves as Independent Director of Cenovus Energy Inc. Mr. Delaney is Chairman of The Westaim Corporation, a publicly traded investment company; and Chairman of Ontario Air Ambulance Services Co. (Ornge), a not-for-profit medical air and ground transportation organization. Mr. Delaney served as a director of Sherritt International Corporation (“Sherritt”), a publicly traded diversified natural resource company that produces nickel, cobalt, thermal coal, oil and gas and electricity, from October 1995 to May 2013. During his tenure with Sherritt, he also served as Chairman from November 1995 to May 2004, Executive Chairman from May 2004 to December 2008, Chairman and Chief Executive Officer from January 2009 to December 2011 and Chairman from January 2012 to May 2013. Mr. Delaney also served as Chairman of UrtheCast Corp. (formerly Longford Energy Inc.), a publicly traded video technology development company, from August 2012 to October 2013 and as a director of Dacha Strategic Metals Inc., a publicly traded investment company focused on the acquisition, storage and trading of strategic metals, from November 2012 to September 2014.
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Steven Leer

Independent Director

Mr. Steven F. Leer serves as Independent Director of Cenovus Energy Inc. Mr. Leer is lead director of Norfolk Southern Corporation, a publicly traded North American rail transportation provider; non-executive Chairman of the Board of USG Corporation (“USG”), a publicly traded manufacturer and distributor of high performance building systems; and a director of Parsons Corporation, a private engineering, construction, technical, and management services firm. Mr. Leer served as lead director of USG from January 2012 to November 2016 and as a director of USG from June 2005 to January 2012. Mr. Leer also served as Chairman of Arch Coal, Inc. (“Arch Coal”), a publicly traded coal producing company, from April 2006 to April 2014 and served as a director of Arch Coal and its predecessor company from 1992 until April 2014. During his tenure with Arch Coal and its predecessor company, he also served as Chief Executive Officer from July 1992 to April 2012 and President from July 1992 to April 2006. He holds a Bachelor of Science degree in Electrical Engineering from the University of the Pacific and a Masters in Business Administration from Washington University’s Olin School of Business. Mr. Leer was awarded an honorary doctorate by University of the Pacific in May 1993.
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Richard Marcogliese

Independent Director

Mr. Richard Joseph Marcogliese serves as Independent Director of the company. Mr. Marcogliese is the Principal of iRefine, LLC, a privately owned petroleum refining consulting company; Executive Advisor of Pilko & Associates L.P., a private chemical and energy advisory company; and is presently engaged as an Operations Advisor to NTR Partners III LLC, a private investment company. He served as Executive Vice President and Chief Operating Officer of Valero Energy Corporation, a publicly traded international manufacturer and marketer of transportation fuels, petrochemical products and power, from October 2007 to December 2010 and as Executive Vice President, Operations from December 2005 to October 2007; and Operations Advisor to the Chief Executive Officer of Philadelphia Energy Solutions, a partnership between The Carlyle Group and a subsidiary of Energy Transfer Partners, L.P. that operates an oil refining complex on the U.S. Eastern seaboard, from September 2012 to January 2016. His more than 40-year career in the U.S. refining industry also included over 25 years with Exxon Mobil Corporation. Mr. Marcogliese is a chemical engineering graduate of New York University.
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Claude Mongeau

Independent Director

Mr. Claude Mongeau serves as Independent Director of the Company. Mr. Mongeau is a director of The Toronto-Dominion Bank. Mr. Mongeau served as a director of Canadian National Railway Company (“CN”), a publicly traded railroad and transportation company, from October 2009 to July 2016 and as President and Chief Executive Officer from January 2010 to June 2016. During his tenure with CN, he served as Executive Vice-President and Chief Financial Officer from October 2000 until December 2009 and held various increasingly senior positions from the time he joined. Prior to joining CN, Mr. Mongeau was the Manager, Business Development for Imasco Inc. from 1993 to 1994, a partner with Groupe Secor Inc., a Montreal-based management consulting firm, from 1989 to 1993 and a consultant at Bain & Company from 1988 to 1989. Mr. Mongeau also served as a director of SNC Lavalin Group Inc. from August 2003 to May 2015 and Chairman of the Board of the Railway Association of Canada. Mr. Mongeau holds a Master of Business Administration from McGill University and has received honorary doctoral degrees from St. Mary’s and Windsor University. Mr. Mongeau has been a member of the Cenovus Board since December 2016.
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Charles Rampacek

Independent Director

Mr. Charles M. Rampacek serves as Independent Director of Cenovus Energy Inc. Mr. Rampacek is a director of Energy Services Holdings, LLC, a private industrial services company that was formed in 2012 from the combination of Ardent Holdings, LLC and another company. Mr. Rampacek served as a director of Flowserve Corporation, a publicly traded manufacturer of industrial equipment, from March 1998 to May 2016. He served as the Chairman of the Board, President and Chief Executive Officer of Probex Corporation (“Probex”), an energy technology company providing proprietary oil recovery services, from 2000 to 2003; as President and Chief Executive Officer of Lyondell-Citgo Refining, L.P., a manufacturer of petroleum products, from 1996 to 2000. He held various executive positions with Tenneco Inc. and its energy related subsidiaries, including President of Tenneco Gas Transportation Company, Executive Vice President of Tenneco Gas Operations and Senior Vice President of Refining from 1982 to 1995; and was Chair of Ardent Holdings, LLC from December 2008 to July 2012. Mr. Rampacek also served as a director of Enterprise Products Holdings, LLC, the sole general partner of Enterprise Products Partners, L.P., a publicly traded midstream energy limited partnership, from November 2006 to September 2011; and Pilko & Associates L.P., a private chemical and energy advisory company from September 2011 to February 2014. He serves on the Engineering Advisory Council for the University of Texas and the College of Engineering Leadership Board for the University of Alabama.
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Colin Taylor

Independent Director

Mr. Colin Taylor serves as Independent Director of Cenovus Energy Inc. Mr. Taylor served two consecutive four-year terms as Chief Executive & Managing Partner of Deloitte LLP, Chartered Professional Accountants, and then acted as Senior Counsel until his retirement in May 2008. Mr. Taylor is a Fellow of the Chartered Professional Accountants of Ontario and a member of the Chartered Professional Accountants of Canada. Mr. Taylor has also completed the Harvard Business School’s Advanced Management Program.
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Wayne Thomson

Independent Director

Mr. Wayne G. Thomson serves as Independent Director of Cenovus Energy Inc. Mr. Thomson is a director of TVI Pacific Inc., a publicly traded international mining company; Chairman of Maha Energy Inc., a public Swedish oil and gas company; Chairman of Inventys Thermal Technologies Inc. (“Inventys”), a private carbon capture technology company; and Chairman and President of Enviro Valve Inc., a private company manufacturing proprietary pressure relief valves. Mr. Thomson served as interim Executive Chairman of Inventys from May 2016 to February 2017; as Chief Executive Officer of Iskander Energy Corp., a private international oil and gas company, from November 2011 to August 2014 and as a director from November 2011 to March 2016. Mr. Thomson served as Chief Executive Officer of EcoMax Energy Services Ltd., a publicly traded energy technology company and as President of Airborne Pollution Control. Earlier in his career, Mr. Thomson was Manager of Reservoir Engineering in the Danish North Sea for Maersk Oil and Gas; served as Vice President of Production at AEC Oil & Gas (now Encana Corporation), as General Manager of Petrocorp Exploration in New Zealand, a division of Fletcher Challenge; and as Chief Executive Officer of Gardiner Oil and Gas Limited. Mr. Thomson is a member of the Association of Professional Engineers and Geoscientists of Alberta.
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Rhonda Zygocki

Independent Director

Ms. Rhonda I. Zygocki serves as Independent Director of the company effective April 27. 2016. Ms. Zygocki served as Executive Vice President, Policy and Planning of Chevron Corporation (“Chevron”), an integrated energy company, from March 2011 until her retirement in February 2015 and prior thereto, during her 34 years with Chevron, she held a number of senior management and executive leadership positions in international operations, public affairs, strategic planning, policy, government affairs and health, environment and safety. She is a senior advisor with the Center for Strategic and International Studies, a former advisory board member of the Woodrow Wilson International Center of Scholars Canada Institute and a past Management Committee Chair of the International Association of Oil and Gas Producers. Ms. Zygocki graduated from Memorial University of Newfoundland with a bachelor’s degree in civil engineering. In 2014, she was named by the National Diversity Council as one of the Top 50 Most Powerful Women in Oil and Gas. In 2015, she received the Award for Leadership Development from the Washington, D.C. chapter of the Society of International Development.
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Kam Sandhar

Vice President - Investor Relations & Corporate Development


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OilGasSX does not claim ownership of Content the user of the OilGasSX website submits or makes available for inclusion on the Service. However, with respect to Content the user of the OilGasSX website submits or makes available for inclusion on publicly accessible areas of the Service, the user of the OilGasSX website grants OilGasSX the following world-wide, royalty free and non-exclusive license(s), as applicable:

With respect to Content the user of the OilGasSX website submits or makes available for inclusion on publicly accessible areas of OilGasSX Message Boards and OilGasSX Groups, the license to use, distribute, reproduce, modify, adapt, publicly perform and publicly display such Content on the Service solely for the purposes of providing and promoting the specific OilGasSX Message Board or OilGasSX Group to which such Content was submitted or made available. This license exists only for as long as the user of the OilGasSX website elects to continue to include such Content on the Service and will terminate at the time the user of the OilGasSX website removes or OilGasSX removes such Content from the Service.

With respect to photos, graphics, audio or video the user of the OilGasSX website submits or makes available for inclusion on publicly accessible area of the Service other than OilGasSX Message Boards or OilGasSX Groups, the license to use, distribute, reproduce, modify, adapt, publicly perform and publicly display such Content on the Service solely for the purpose for which such Content was submitted or made available. This license exists only for as long as the user of the OilGasSX website elects to continue to include such Content on the Service and will terminate at the time the user of the OilGasSX website removes or OilGasSX removes such Content from the Service.

With respect to Content other than photos, graphics, audio or video the user of the OilGasSX website submits or makes available for inclusion on publicly accessible areas of the Service other than OilGasSX Message Boards or OilGasSX Groups, the perpetual, irrevocable and fully sub-licensable license to use, distribute, reproduce, modify, adapt, publish, translate, publicly perform and publicly display such Content (in whole or in part) and to incorporate such Content into other works in any format or medium now known or later developed.

"Publicly accessible" areas of the Service are those areas of OilGasSX's network of properties that are intended by OilGasSX to be available to the general public. By way of example, publicly accessible areas of the Service would include OilGasSX Message Boards and portions of OilGasSX Groups that are open to both members and visitors. However, publicly accessible areas of the Service would not include portions of OilGasSX Message Boards and OilGasSX Groups that are limited to members, OilGasSX services intended for private communication, or areas off of the OilGasSX's network of properties such as portions of World Wide Web sites that are accessible through the OilGasSX but are not hosted or served by the OilGasSX.

  1. INDEMNITY

The user of the OilGasSX website agrees to indemnify and hold OilGasSX, and its subsidiaries, affiliates, officers, agents, co-branders or other partners, and employees, harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of Content the user of the OilGasSX website submits, posts, transmits or makes available through the Service, the use of and connection to the Service by, the user of the OilGasSX website, the violation of the TOS or of any rights of another by the user of the OilGasSX website.

  1. NO RESALE OF SERVICE

The user of the OilGasSX website agrees not to reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of the Service, use of the Service, or access to the Service, including any intellectual property rights of OilGasSX or any person firm or corporation having posted information for availability through the Service.

  1. GENERAL PRACTICES REGARDING USE AND STORAGE

The user of the OilGasSX website acknowledges that OilGasSX may establish general practices and limits concerning use of the Service, including without limitation the maximum number of days that email messages, message board postings or other uploaded Content will be retained by the Service, the maximum number of email messages that may be sent from or received by an account on the Service, the maximum size of any email message that may be sent from or received by an account on the Service, the maximum disk space that will be allotted on OilGasSX's servers on behalf of the user of the OilGasSX website, and the maximum number of times (and the maximum duration for which) the user of the OilGasSX website may access the Service in a given period of time. The user of the OilGasSX website agrees that OilGasSX has no responsibility or liability for the deletion or failure to store any messages and other communications or other Content maintained or transmitted by the Service. The user of the OilGasSX website acknowledges that OilGasSX reserves the right to log off accounts that are inactive for an extended period of time. The user of the OilGasSX website further acknowledges that OilGasSX reserves the right to change the OilGasSX general practices and limits at any time, in its sole discretion, with or without notice.

  1. MODIFICATIONS TO SERVICE

OilGasSX reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. The user of the OilGasSX website agrees that OilGasSX shall not be liable to the user of the OilGasSX website or to any third party for any modification, suspension or discontinuance of the Service.

  1. TERMINATION

The user of the OilGasSX website agrees that OilGasSX, in its sole discretion, may terminate the password, account (or any part thereof) of the user of the OilGasSX website or the use of the Service, and remove and discard any Content within the Service, for any reason, including, without limitation, for lack of use or if OilGasSX believes that the user of the OilGasSX website has violated or acted inconsistently with the letter or spirit of the TOS or the OilGasSX Acceptable Use Policy. OilGasSX may also in its sole discretion and at any time discontinue providing the Service, or any part thereof, with or without notice. The user of the OilGasSX website agrees that any termination of the user's access to the Service under any provision of this TOS may be effected without prior notice, and acknowledges and agrees that OilGasSX may immediately deactivate or delete the user's account and all related information and files in the user's account and/or bar any further access to such files or the Service. Further, the user of the OilGasSX website agrees that OilGasSX shall not be liable to the user of the OilGasSX website or any third-party for any termination of its access to the Service.

  1. DEALINGS WITH ADVERTISERS

The correspondence or business dealings, or participation in promotions of, advertisers found on or through the Service by the user of the OilGasSX website, including payment and delivery of related goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between the user of the OilGasSX website and such business, promoter or advertiser. The user of the OilGasSX website agrees that OilGasSX shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the presence of such businesses, promoters or advertisers on the Service.

  1. LINKS

The Service may provide, or third parties may provide, links to other World Wide Web sites or resources. Because OilGasSX has no control over such sites and resources, the user of the OilGasSX website acknowledges and agrees that OilGasSX is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any Content, advertising, products, or other materials on or available from such sites or resources. The user of the OilGasSX website further acknowledges and agrees that OilGasSX shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such Content, goods or services available on or through any such site or resource.

  1. OilGasSX'S PROPRIETARY RIGHTS

The user of the OilGasSX website acknowledges and agrees that the Service and any necessary software used in connection with the Service ("Software") contain proprietary and confidential information that is protected by applicable intellectual property and other laws. The user of the OilGasSX website further acknowledges and agrees that Content contained in sponsor advertisements or information presented to the user of the OilGasSX website through the Service or advertisers is protected by copyrights, trademarks, service marks, patents or other proprietary rights and laws. Except as expressly authorized by OilGasSX or advertisers, the user of the OilGasSX website agrees not to modify, rent, lease, loan, sell, distribute or create derivative works based on the Service or the Software, in whole or in part.

OilGasSX grants the user of the OilGasSX website a personal, non-transferable and non-exclusive right and license to use the Service; provided that the user of the OilGasSX website does not (and does not allow any third party to) copy, modify, create a derivative work of, reverse engineer, reverse assemble or otherwise attempt to discover any source code, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in the OilGasSX website, the Software or the Content. The user of the OilGasSX website agrees not to modify the Software in any manner or form, or to use modified versions of OilGasSX website, the Software or the Content, including (without limitation) for the purpose of obtaining unauthorized access to the Service. The user of the OilGasSX website agrees not to access the Service by any means other than through the interface that is provided by OilGasSX for use in accessing the Service.

  1. DISCLAIMER OF WARRANTIES

The user of the OilGasSX website expressly understands and agrees that:

  1. Its use of the Service is at its sole risk. The Service is provided on an "AS IS" and "AS AVAILABLE" basis. OilGasSX expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose and non-infringement.
  2. OilGasSX makes no warranty that (i) the service will meet the requirements of the user of the OilGasSX website, (ii) the Service will be uninterrupted, timely, secure, or error-free, (iii) the results that may be obtained from the use of the Service will be accurate or reliable, (iv) the quality of any products, services, information, or other material purchased or obtained by the user of the OilGasSX website through the service will meet its expectations, and (v) any errors in the Software will be corrected.
  3. Any material downloaded or otherwise obtained through the use of the Service is done at the sole discretion and risk of the user of the OilGasSX website and that it will be solely responsible for any damage to its computer system or loss of data that results from the download of any such material.
  4. No advice or information, whether oral or written, obtained by the user of the OilGasSX website from OilGasSX or through or from the Service shall create any warranty not expressly stated in the TOS.
  5. It waives any claims it now has, or in the future may have, which gives or provides the user of the OilGasSX with any cause of action whatsoever.
  6. Notwithstanding any other provisions herein, user of the OilGasSX acknowledges that neither the OilGasSX or its Contributors, nor their affiliates or representatives shall be liable to the user of the OilGasSX, for special, incidental or consequential, special, direct or indirect damages arising directly or indirectly from any occurrence whatsoever (including without limitation loss of profits, loss of business opportunity, loss of property, of any nature whatsoever), whether or not such damages were foreseeable by the OilGasSX or its Contributors or any one of them was advised of the possibility of such damages and whether otherwise arising from any contractual, tortious acts or omissions of either party or of their respective affiliates or representatives, and whether or not it had any knowledge, actual or constructive, that such damages might be incurred for having relied on the material, information, data or the Content presented or forming part of any of the OilGasSX website, to make personal, medical, legal, tax, accounting, investment or financial decisions.
  7. The user of the OilGasSX accepts total responsibility for any agreement, understanding or relationship the user of the OilGasSX enters into with any of the Contributors. Further, the user of the OilGasSX understands, acknowledges and agrees that OilGasSX, in no manner whatsoever, endorses the said Contributors or whatever proposal may be presented by such Contributors and that OilGasSX shall not be held liable for any claims of any nature whatsoever arising or resulting from any thesis or proposal of any of the Contributors, or from any agreement, understanding, association, investment or relationship concluded, agreed, made or established between the user of the OilGasSX and any of the Contributors, of any type and for any reason whatsoever.
  8. The user of the OilGasSX hereby confirms that it qualifies as a sophisticated, accredited or professional investor", pursuant to all applicable legislation relating to the distribution and/or sale of securities.
  9. The user of the OilGasSX understands, acknowledges and agrees that it is its own responsibility to obtain independent legal, tax, financial, accounting, medical or other professional advice with respect to evaluating, agreeing, establishing and/or implementing any relationship or investment based on any of the material, information or strategies presented on the OilGasSX website. Further, it is highly recommended that the user of the OilGasSX take adequate time to review and evaluate whatever material or information received with whichever independent professional advisors the user of the OilGasSX deems appropriate.

The user of OilGasSX understands it must not rely on the information on this website as an alternative to legal advice from an attorney or other professional legal services provider. If the user of OilGasSX has any specific questions about any legal matter it should consult an attorney or other professional legal services provider. The user should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal action because of information on this website.

  1. LIMITATION OF LIABILITY

The user of the OilGasSX website expressly understands and agrees that OilGasSX shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if OilGasSX has been advised of the possibility of such damages), resulting from: (i) the use or the inability to use the Service; (ii) the cost of procurement of substitute goods and services resulting from any goods, data, information or services purchased or obtained or messages received or transactions entered into through or from the Service; (iii) unauthorized access to or alteration of transmissions or data of the user of the OilGasSX website; (iv) statements or conduct of any third party on the Service; (v) any agreement, understanding or relationship the user of the OilGasSX enters into with any of the Contributors or any other person or entity with whom it has been put in contact through the OilGasSX website; or (vi) any other matter relating to the Service.

  1. EXCLUSIONS AND LIMITATIONS

Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages. Accordingly, some of the above limitations of sections 17 and 18 may not apply to the user of the OilGasSX website.

  1. SPECIAL ADMONITION FOR SERVICES RELATING TO FINANCIAL MATTERS

If the user of the OilGasSX website intends to create or join any service, receive or request any news, messages, alerts or other information from the Service concerning companies, stock quotes, investments or securities, it is hereby urged to read the above Sections 17 and 18 again. These Sections apply with absolute rigor to the user of the OilGasSX website. In addition, for this type of information particularly, the phrase "LET THE INVESTOR BEWARE" is paramount. The Service is provided for informational purposes only, and no Content included in the Service is intended for trading or investing purposes. OilGasSX and its service providers and suppliers shall not be responsible or liable for the accuracy, usefulness or availability of any information transmitted or made available via the Service, and shall not be responsible or liable for any strategy, trading or investment decisions made based on such information.

  1. NOTICE

Notices to the user of the OilGasSX website may be made via either e-mail, fax or regular mail. The Service may also provide notices of changes to the TOS or other matters by displaying notices or links to notices to the user of the OilGasSX website generally on the Service.

  1. TRADEMARK INFORMATION

OilGasSX, the OilGasSX logo, the OilGasSX design, and the OilGasSX stylized, trademarks and service marks, and other OilGasSX logos and product and service names are trademarks of OilGasSX (the "OilGasSX Marks"). Without OilGasSX's prior permission, the user of the OilGasSX website agrees not to display or use in any manner, the OilGasSX Marks.

  1. GENERAL INFORMATION

The TOS constitute the entire agreement between the user of the OilGasSX website and OilGasSX and govern the use of the Service by the user of the OilGasSX website, superseding any prior agreements between the user of the OilGasSX website and OilGasSX. The user of the OilGasSX website also may be subject to additional Terms and Conditions that may apply when the user of the OilGasSX website uses affiliate services, third-party content or third-party software. The TOS and the relationship between the user of the OilGasSX website and OilGasSX shall be governed by the laws in force in the United Kingdom, without regard to its conflict of law provisions. The user of the OilGasSX website and OilGasSX agree to submit to the personal and exclusive jurisdiction of the courts located within the country of Great Britain. The failure of OilGasSX to exercise or enforce any right or provision of the TOS, the OilGasSX subscription documentation Terms and Conditions or the OilGasSX Acceptable Use Policy shall not constitute a waiver of such right or provision. If any provision of the TOS, the OilGasSX subscription documentation Terms and Conditions or the OilGasSX Acceptable Use Policy is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavour to give effect to the parties' intentions as reflected in the provision, and the other provisions of the TOS, the OilGasSX subscription documentation Terms and Conditions and the OilGasSX Acceptable Use Policy remain in full force and effect. The user of the OilGasSX website agrees that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Service or the TOS, the OilGasSX subscription documentation Terms and Conditions and the OilGasSX Acceptable Use Policy must be filed within one (1) year after such claim or cause of action arose or be forever barred. The section titles in the TOS are for convenience only and have no legal or contractual effect.

  1. ACCEPTABLE USE

For purposes of this Acceptable Use Policy ("AUP"), a "Customer" is defined to include any organization, individual, company or other entity with which OilGasSX Bonds Ltd (OilGasSX) has entered into any agreement or contract for the supply of services, including through the OilGasSX website. A Customer shall also be responsible for the use of the OilGasSX website by any subsidiaries, affiliates, partners, Authorized Staff, suppliers, clients, or any other person gaining access to the OilGasSX website in any manner whatsoever, that directly or indirectly utilize the OilGasSX website provided to the Customer.

The Customer may only use the OilGasSX website for lawful purposes. The use of the OilGasSX website in violation of any local or international legislation or regulation is prohibited. This includes, but is not limited to, transmission of proprietary or copyright material without the consent of the owner, material legally judged to be threatening, offensive, or obscene, and third party material protected by patent, trade secret or any other type of intellectual property right, whether or not the Customer was aware of the content of the material or of the relevant law.

OilGasSX will fully co-operate with investigations of suspected criminal violations and violations of systems or network security under the leadership of law enforcement authorities.

Use of any information obtained via the OilGasSX website is at Customers' own risk. OilGasSX is not responsible for the accuracy, quality, or content of information obtained through the OilGasSX website and or services.

All OilGasSX services are for end-user use only and may not be resold to third-parties without providing end-user information to OilGasSX.

The Customer will indemnify and hold OilGasSX harmless from any claim brought by third parties alleging that use of the OilGasSX website by the Customer has infringed any applicable local or international legislation or regulation. The Customer shall defend and pay all costs, damages, awards, fees (including reasonable legal fees) and final judgments awarded against OilGasSX arising from such claims. The Customer shall immediately give OilGasSX written notice of any claim the Customer is involved with or aware of. Should the Customer fail to do so, OilGasSX may defend such claims at the Customer's sole cost.

OilGasSX will cooperate with any law enforcement authorities having jurisdiction to discourage and resist abuses of acceptable use policies. OilGasSX reserves the right to take corrective action upon notification to OilGasSX of unacceptable use by the Customer. OilGasSX reserves the right, at its discretion and without notice, to remove any material or data and to block the use of the network for one or more users.

The Customer may not circumvent user authentication or security of any host, network, or account (referred to as "cracking" or "hacking"), reverse engineer, decompile, deconstruct any programming, nor interfere with service to any user, host, or network (referred to as "denial of service attacks").

The Customer is forbidden to send e-mail to any person who does not wish to receive it. It is explicitly prohibited to send unsolicited bulk mail messages ("junk mail" or "spam") of any kind (commercial advertising, financial and investment promotions, political tracts, announcements, etc.) or to post the same or similar messages to large numbers of newsgroups (excessive cross-posting or multiple-posting, also known as "USENET spam"). A Customer caught spamming on the OilGasSX, or who persist in the mass distribution of unsolicited e-mail messages, will be dealt with immediately in accordance with this AUP.

The OilGasSX website may be used by the Customer to link into other networks worldwide and the Customer agrees to conform to the acceptable use policies of these networks. The Customer agrees, through its own operations, not to cause disturbances, outages or other problems which may affect OilGasSX's network or network based equipment, or which may adversely affect OilGasSX's ability to provide services.

OilGasSX reserves the right to prohibit activities that violate this AUP or may damage its reputation.

OilGasSX will generally not monitor private electronic mail messages sent or received by its Customers but may conduct reasonable investigation of a Customer (i) if required by law or (ii) upon reasonable suspicion of a violation of this AUP to determine if there has been a violation or (iii) when public safety may require it. OilGasSX may at all time monitor usage of the OilGasSX website electronically to determine if it is operating satisfactorily.

OilGasSX may disclose its Customers' information or information transmitted by means of its facilities (i) to comply with legal requirements or (ii) where necessary to protect OilGasSX and others from harm or (iii) where such disclosure is necessary to the proper operation of the OilGasSX website.

The Customer acknowledges that OilGasSX is unable to exercise control over the content of information passing through its facilities or carried as a result of supplying the OilGasSX website and is therefore not responsible for that content.

OilGasSX reserves the right, at its discretion and without notice, to automatically filter, disconnect and/or deny access to any Customer who violates this policy. This remedy shall also be applied when the Customer has engaged in any of the foregoing activities by using the service of another provider and, channelling such activities through an OilGasSX account, re-mailer, or otherwise through the OilGasSX website, or using an OilGasSX account as a mail drop for responses or otherwise using the services of another provider for the purpose of facilitating the foregoing activities, if such use of another party's service could reasonably be expected to adversely affect the OilGasSX website. OilGasSX reserves the right, where feasible, to implement technical mechanisms which block multiple postings as described above before they are forwarded or otherwise sent to their intended recipients.

Violation of this AUP (direct or indirect, including by a third party) entitles OilGasSX to remove immediately the offending material, establish immediate or temporary filtering, deny access, suspend or terminate one or more subscriptions to the OilGasSX website, or take any other appropriate action, as determined by OilGasSX in its sole discretion, in addition to any remedies provided by any agreement to provide access to the OilGasSX website. OilGasSX may give notice of violations but OilGasSX reserves the right to act without notice when necessary, as determined by OilGasSX in its sole discretion. Nothing in this AUP is to be construed to limit OilGasSX's actions or remedies in any way with respect to any of the foregoing activities, and OilGasSX reserves the right to take any additional actions it may deem appropriate with respect to such activities, including without limitation, taking action to recover the cost of identifying offenders and terminating their access to the OilGasSX website, and charging to cover OilGasSX's costs in the event of such termination of access or like situation. OilGasSX may co-operate with other service providers to discourage and resist abuses of acceptable use policies. OilGasSX reserves the right to take corrective action upon notification to OilGasSX of unacceptable use on other networks. The OilGasSX website may be linked to other networks world-wide and the Customer agrees to conform to the acceptable use policies of these networks. The Customer agrees, through its operations, not to cause disturbances, outages or other problems which may affect OilGasSX's or any other network or network based equipment, or which may adversely affect OilGasSX's ability to provide access to the OilGasSX website.

Nothing contained in this AUP shall be construed to limit OilGasSX's actions or remedies in any way with respect to any of the foregoing activities, and OilGasSX reserves the right to take any and all additional actions it may deem appropriate with respect to such activities, including without limitation, taking action to recover the costs and expenses of identifying offenders and removing them from the OilGasSX website, and levying cancellation charges to cover OilGasSX's costs in the event of disconnection of dedicated access for the causes outlined above. In addition, OilGasSX reserves at all times all rights and remedies available to it with respect to such activities at law or in equity.

Customer will indemnify and hold OilGasSX harmless from any claim brought by third parties relating to the Customer's use of the OilGasSX website. The Customer must defend and pay all damages and costs (including legal fees) arising from such claims. The Customer must immediately notify OilGasSX of any claim or potential claim, within the Customer's knowledge, involving the Customer related to the OilGasSX website. Failure to do so gives OilGasSX the right to defend such claims at Customer's sole cost and expense.

OilGasSX is committed to providing quality service to all of its Customers. While the AUP may appear harsh, OilGasSX believes it is necessary to ensure that it is able to provide professional, efficient, stable service within an environment of security and trust which its Customers may require and come to expect from an organization such as OilGasSX.

This AUP is subject to change. Please contact us with any questions regarding the policy or to report a breach of AUP.

OUR PRIVACY POLICY

OilGasSX Limited ("We") are committed to protecting and respecting your privacy.

This policy (together with our Terms and Conditions sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully as this privacy policy explains what happens to any personal data that you provide to us, or that we collect from you whilst you visit our site.

We do update this policy from time to time so please do review this policy regularly.

Information we collect

We may collect and process the following data about you:

IP Addresses

We may collect information about your computer, including where available your IP address, operating system and browser type, for system administration and to report aggregate information to our advertisers. This is statistical data about our users' browsing actions and patterns, and does not identify any individual.

Cookies

Our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site.  Certain areas of the website such as member areas are not accessible if cookies are disabled.

Storing Your Personal Data

In operating our website, it may become necessary to transfer data that we collect from you to locations outside of the European Union for processing and storing. By providing your personal data to us, you agree to this transfer, storing or processing. We do our upmost to ensure that all reasonable steps are taken to make sure that your data is treated stored securely.

Unfortunately, the sending of information via the internet is not totally secure and on occasion such information can be intercepted. We cannot guarantee the security of data that you choose to send us electronically, sending such information is entirely at your own risk.

Uses made of the information

We use information held about you in the following ways:

Disclosure of your information

We may disclose your personal information to any member of our group, which means our subsidiaries, our ultimate holding company and its subsidiaries, as defined in section 1159 of the UK Companies Act 2006.

We may disclose your personal information to third parties.

In the event that we sell or buy any business or assets, in which case we may disclose your personal data to the prospective seller or buyer of such business or assets.
 

If OilGasSX Limited or substantially all of its assets are acquired by a third party, in which case personal data held by it about its customers will be one of the transferred assets.

If we are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our terms of use or to protect the rights, property, or safety of our customers, or others. This includes exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction.

Your rights

You have the right to ask us not to process your personal data for marketing purposes. We will usually inform you (before collecting your data) if we intend to use your data for such purposes or if we intend to disclose your information to any third party for such purposes. You can exercise your right to prevent such processing by checking certain boxes on the forms we use to collect your data.

Our site may, from time to time, contain links to and from the websites of our partner networks, advertisers and affiliates. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

Access to information

The Data Protection Act 1998 Act (the “Act”) gives you the right to access information held about you. Your right of access can be exercised in accordance with the Act. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

Changes to our privacy policy

Any changes we may make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

Contacting Us

Please do not hesitate to contact us regarding any matter relating to this privacy policy.

OilGasSX - Regulated Disclaimer

OilGasSX (“OGSX”) allows securities to be listed via The Startup Stock Exchange ("SSX”), under a Joint Venture Agreement (“JV”) between the parties. SSX provides securities exchange related services, such as Brokerage and Listing Advisory, enabling the owners of startups and small businesses to attract qualified global investors to buy shares of their companies on a public stock exchange, the Dutch Caribbean Securities Exchange N.V. ("DCSX"), thereby providing access to a regulated and transparent marketplace for all participants.

SSX Advisors Corp is a licensed Listing Advisor and SSX Brokers NV is a licensed broker, of the Dutch Caribbean Securities Exchange N.V. The DCSX is a self-regulating securities exchange, located on Curacao, licensed by the Ministry of Finance and supervised by the Central Bank of Curacao and St. Maarten.

Investing in startups involves very high risks and it should be done only as part of a diversified investment portfolio. OGSX is targeted solely at investors and companies who are sophisticated enough to understand the high risks of startup investments and make their own decisions.

OGSX has both a quotation service and a listing service. If a company is denoted as ‘Quoted” it means the data presented is for information purposes only. It does not host a listing on the platform and has not been approved by our external listing committee. In some cases the quoted companies may be listed on another recognised stock exchanges globally and in this case it will be made apparent.

OGSX hosts companies conducting an IPO and also shows companies under review. We have no restrictions on contacting these companies as a result of information found on our site and in such a case no liability for any resulting transaction will be the responsibility of OGSX.

OGSX has acquired IP to internally conduct AML (Anti Money Laundering) and KYC (Know Your Client) procedures fully vetted and approved by our regulating Central Bank. This activity must be overseen and approved in each case by an authorised AML officer.

OilGasSX Limited is a UK registered Limited Liability company. It does not have any regulation inside the UK as it provides services outside the Financial Services Act. OGSX is a FinTech solution for a sector based Stock Exchange regulated by its partners via the DCSX. The OGSX platform is a fully automated trading system complete with company on-boarding systems, electronic trade matching, clearance and settlement as well as Investor and researcher portals.

OGSX collects huge quantities of raw and unique data within the medical marijuana sector. It uses this inside smart algorithms to provide key and vital data to all parties in a fully transparent structure. All data is obtained from reliable and independent sources.

All trading conducted on OGSX will be via SSX Brokers NV. A brokerage account with SSX is required in order to trade. Applications to open accounts will be available in Q4 2017.