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Abstract
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Such statements represent Calmena's internal projections, estimates or beliefs concerning, among other things, an outlook on the estimated amounts and timing of capital expenditures, anticipated future debt, revenues or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. These statements are only predictions and actual events or results may differ materially. Although Calmena believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievement since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause Calmena's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, Calmena.
More particularly, and without limitation, this news release contains forward-looking statements and information with respect to: timing of commencement of operations of heli portable rig in Brazil; timing of commencement of operations of Calmena's Mexican based drilling rigs which will be provided to an operator in Colombia; expected benefits to be received from the MicroSeismic Services and Horizontal Completion activities; expected benefits and growth opportunities from Calmena's directional services business; projected effect of increased activity in the United States on the Company's directional services, including the expected position of the Company in relation to its competitors; the Company's strategy for the remainder of 2011 with respect to its directional services technology; anticipated growth opportunities in Colombia and effect on financial performance; timing of utilization of Calmena's rigs in Mexico and Colombia; effect of full utilization of the Company's rigs in Mexico on financial performance; expected results of operations in Brazil on the Company's overall business; effect of recent developments in Libya on the Company's future operations; the outlook for Calmena's operations; expected growth in service lines; statements with respect to benefits from the continued implementation of the Company's strategy of international growth and product line diversification; effect of future diversification on Calmena's operations ; andthe Company's strategy for the remainder of 2010, including the focus of capital expenditures; and the statements under the heading "Outlook" in this press release.