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uncertainties inherent in making estimates of our oil and natural gas data;
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the successful implementation of our and our block partners’ prospect discovery and development and drilling plans;
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projected and targeted capital expenditures and other costs, commitments and revenues, including with respect to the Target Assets (as defined below);
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termination of or intervention in concessions, rights or authorizations granted to us by the governments of the countries in which we operate (or their respective national oil companies) or any other federal, state or local governments or authorities;
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our dependence on our key management personnel and our ability to attract and retain qualified technical personnel;
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the ability to obtain financing and to comply with the terms under which such financing may be available;
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the volatility of oil, natural gas and natural gas liquid prices as well as our ability to implement hedges addressing such volatility on commercially reasonable terms;
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the availability, cost, function and reliability of developing appropriate infrastructure around and transportation to our discoveries and prospects;
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the availability and cost of drilling rigs, production equipment, supplies, personnel and oilfield services;
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other competitive pressures;
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potential liabilities inherent in oil and natural gas operations, including drilling and production risks and other operational and environmental risks and hazards;
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current and future government regulation of the oil and gas industry or regulation of the investment in or ability to do business with certain countries or regimes;
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cost of compliance with laws and regulations;
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changes in, or new, environmental, health and safety or climate change or greenhouse gas laws, regulations and executive orders, or the implementation, or interpretation, of those laws, regulations and executive orders;
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adverse effects of sovereign boundary disputes in the jurisdictions in which we operate;
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environmental liabilities;
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geological, geophysical and other technical and operations problems including drilling and oil and gas production and processing;
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military operations, civil unrest, outbreaks of disease, terrorist acts, wars or embargoes;
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the cost and availability of adequate insurance coverage and whether such coverage is enough to sufficiently mitigate potential losses and whether our insurers comply with their obligations under our coverage agreements;
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our vulnerability to severe weather events, including tropical storms and hurricanes in the U.S. Gulf of Mexico;
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our ability to meet our obligations under the agreements governing our indebtedness;
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the availability and cost of financing and refinancing our indebtedness;
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the amount of collateral required to be posted from time to time in our hedging transactions, letters of credit, performance bonds and other secured debt;
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the result of any legal proceedings, arbitrations, or investigations we may be subject to or involved in;
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our success in risk management activities, including the use of derivative financial instruments to hedge commodity and interest rate risks; and