Investor Relations

How can I buy shares in Golden Energy?

Shares of Golden Energy are publicly traded and can be purchased through any licensed securities brokerage firms. Golden Energy does not have a direct stock purchase plan.

Energy industry risk

Golden Energy’s revenues and operating results are highly dependent upon the prices received for natural gas and oil. Historically, the markets for natural gas and oil have been volatile and are likely to continue to be volatile in the future. Various factors beyond the control of the company will affect sales prices of its natural gas and oil, including worldwide and domestic supplies of natural gas and oil, the ability of the members of the Organization of Petroleum Exporting Countries to agree to and maintain oil price and production controls, political instability or armed conflict in oil-producing regions, the price and level of foreign imports, the level of consumer demand, the price and availability of alternative fuels, the availability of pipeline capacity, the availability and cost of drilling rigs, weather conditions, domestic and foreign governmental regulations and taxes, and the overall economic environment. Declines in natural gas and oil prices may materially adversely affect Golden Energy’s business, financial condition and results of operations. Lower natural gas and oil prices also may reduce the amount of natural gas and oil that the Golden Energy can produce economically.

Golden Energy’s operations are subject to hazards and risks inherent in drilling for and producing and transporting natural gas and oil, such as fires, natural disasters, explosions, encountering formations with abnormal pressures, blowouts, cratering, pipeline ruptures and spills, any of which can result in the loss of hydrocarbons, environmental pollution, personal injury claims and other damage to properties. As protection against operating hazards, the company (or an affiliate) may maintain insurance coverage against some, but not all, potential losses. The company (or its affiliate) may elect to self-insure if management believes that the cost of insurance, although available, is excessive relative to the risks presented.

Numerous uncertainties are inherent in estimating quantities of potential reserves and their values, including many factors beyond the company’s control. It is possible that no oil and gas may be discovered. Estimates of natural gas and oil reserves by necessity are projections based on geologic and engineering data, and uncertainties are inherent in the interpretation of this data. Similarly, uncertainties are inherent in the projection of future rates of production and the timing of development expenditures. Reserve engineering is a subjective process of estimating underground accumulations of natural gas and oil that are difficult to measure. The accuracy of any reserve estimate is a function of the quality of available data, engineering and geologic interpretation, and judgment. Estimates of economically recoverable natural gas and oil reserves and of future net cash flows depend upon a number of variable factors and assumptions, such as the actual presence of producible reserves, historical production from the area compared with production from other producing areas, the assumed effects of regulations by governmental agencies, and assumptions concerning future natural gas and oil prices, future operating costs, severance and excise taxes, development costs and workover and remedial costs, all of which may in fact vary considerably from actual results. For these reasons, estimates of the economically recoverable quantities of natural gas and oil attributable to any particular group of properties, classifications of reserves based on risk of recovery, and estimates of the future net cash flows may vary substantially. Actual production, if it occurs, will likely vary from estimates, and such variances may be material.

Trends and risks that may impact Golden Energy Corp.

All types of energy exploration and development involve a high degree of risk and few properties which are explored are ultimately developed into producing mines. There is no assurance tnnnnnnnnnat the Company’s exploration and development activities will result in any discoveries of commercial bodies or ore or minerals and the long-term profitability of the Issuer’s operations will be in part directly related to the cost and success of its exploration and evaluation programs, which may be affected by a number of factors such as the particular attributes of the mineral deposit: quantity and quality of the ore, proximity to or cost to develop infrastructure for extraction, financing costs, mineral prices and the competitive nature of the industry.

Substantial expenditures are required to establish reserves, to develop processes to extract the resources, identify viable alternative energy possibilities and, in the case of new properties, to develop the extraction, generation and processing facilities and infrastructure. In the absence of cash flow from operations, the Company relies on capital markets and joint venture partners to fund its exploration and evaluation activities. There can be no assurance that adequate funding will be available for these purposes when required.

The entire energy spectrum is subject to extensive controls and regulations governing its operations (including land tenure, exploration, development, production, refining, transportation and marketing) imposed by legislation enacted by various levels of government, all of which should be carefully considered by investors in the oil and gas industry.

Oil and gas exploration is intensely competitive in all its phases and involves a high degree of risk. The Company competes with numerous other participants in the search for, and the acquisition of, oil and natural gas properties and in the marketing of oil and natural gas. The Company's competitors include oil and natural gas companies that have substantially greater financial resources, staff and facilities than those of the Company.