Derek Oil & Gas Corporation - General Conditions

General Disclaimer
Derek Oil & Gas Corporation "Derek Oil & Gas", has taken all reasonable care in producing and publishing information contained on this web site, and will endeavor to do so regularly. Material on this site may still contain technical or other inaccuracies, omissions, or typographical errors, for which Derek Oil & Gas assumes no responsibility. Derek Oil & Gas does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Derek Oil & Gas 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 of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this site. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express permission.

The Stock Exchange has not reviewed the information on this web site and does not accept responsibility for the adequacy or accuracy of it.

Forward-Looking Statements
Certain information included in this analysis is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Actual results may differ materially from management expectations as projected in that forward-looking information for a variety of reasons, including market and general economic conditions and the risks and uncertainties detailed from time to time in Derek Oil & Gas Corporation's filings with Canadian securities regulators through the System for Electronic Document Analysis and Retrieval (SEDAR) (www.sedar.com) and with U.S. securities regulators through the Electronic Data Gathering and Retrieval System (EDGAR) (www.sec.gov). Due to the potential impact of these factors, Derek Oil & Gas Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable law.

Cautionary Note to U.S. Investors
The United States Securities and Exchange Commission ("SEC") permits mining companies, in their filing with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this annual report, such as "mineral resources," "measured," "indicated," and "inferred resources," that the SEC guidelines prohibit us from including in our filing with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 0-30670, available from us by contacting the Investor Relations Department.

Third Party Links
Derek Oil & Gas Corporation has provided links from this web site to several other web sites which are arms-length to the Company. The viewer should be aware that in linking to these outside web sites, he or she is leaving the Derek Oil & Gas Corporation web site and that Derek Oil & Gas Corporation is not responsible for the content of any other site.