Canetic Financial Statements means, collectively, the audited comparative consolidated financial statements of Canetic as at and for the years ended December 31, 2006 and 2005, together with the notes thereto and the auditors’ report thereon and the unaudited comparative consolidated financial statements of Canetic as at and for the three and nine month periods ended September 30, 2007 and 2006, together with the notes thereto;
Canetic Financial Statements means, collectively, the audited comparative consolidated financial statements of Canetic as at and for the years ended December 31, 2006 and 2005, together with the notes thereto and the auditors' report thereon and the unaudited comparative consolidated financial statements of Canetic as at and for the three and nine month periods ended September 30, 2007 and 2006, together with the notes thereto;
Examples of Canetic Financial Statements in a sentence
There are no outstanding authorizations for expenditure pertaining to any of Canetic’s oil and gas assets or any other commitments, approvals or authorizations pursuant to which an expenditure may be required to be made in respect of such assets after the date of the most recent Canetic Financial Statements in excess of $12.5 million for each such commitment, approval or authorization other than pursuant to the 2007 capital budget disclosed in writing to Penn West prior to the date hereof.
There has been no material change in Canetic’s accounting policies, except as described in the notes to the Canetic Financial Statements, since January 1, 2006.