Quantitative and Qualitative Disclosures About Market Risk
−Removed: We are exposed to a variety of markets and other risks including the effects of change in interest rates, inflation and foreign currency translation and transaction risks as well as risks to the availability of funding sources, hazard events, specific asset risks, regulatory risks, public policy risks and technology risks.
+Added: We are exposed to a variety of markets and other risks including the effects of changes in interest rates, inflation and foreign currency translation and transaction risks as well as risks to the availability of funding sources, hazard events, specific asset risks, regulatory risks, public policy risks and technology risks.
We also expect to be exposed to commodity risks if and when we commence commercial production.
3 unchanged sentences
We periodically monitor the investments we make and are satisfied with the credit ratings of our banks.
−Removed: Due to the current high cash need of our operating plan, we have kept our funds readily available, placed in secure, highly liquid interest-bearing investments, as at March 31, 2026.
+Added: Due to the current high cash needs of our operating plan, we have kept our funds readily available, placed in secure, highly liquid interest-bearing investments, as at June 30, 2026.
Credit risk is a risk of loss that may arise on outstanding financial instruments should a counter party default on its obligation.
8 unchanged sentences
We are also identifying the best approach for decarbonizing our offshore operations.
−Removed: To date, we have not experienced any material impact to our business related to potential regulations but will continue to evaluate and monitor future developments.
+Added: To date, we have not experienced any material impact on our business related to potential regulations but will continue to evaluate and monitor future developments.
We are exposed to a variety of markets and other risks including the effects of inflation and foreign currency translation, commodity pricing risks and transaction risks as well as risks to the availability of funding sources, hazard events, specific asset risks, regulatory risks, public policy risks and technology risks.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.