Certain statements contained in this press release constitute forward-looking information and statements (collectively, “forward-looking statements”). All statements other than statements of historical fact are forward-looking statements. The use of any of the words “continue”, “expect”, and “will” and similar expressions are intended to identify forward-looking statements. Forward-looking statements, included or referred to in this press release include, but are not limited to statements concerning: Gibson’s corporate plans, and strategies, including its strategic and capital allocation priorities and its satisfaction thereof; the scope of the Wink-to-Gateway integration project, the anticipated timing and completion thereof, and the benefits to be derived therefrom, including the easing of capacity constraints, increased access to supply for Gateway customers, advancement of Gibson’s Infrastructure growth strategy and support for Gibson’s total return proposition; the magnitude and timing of the 2026 growth capital and replacement capital programs; Gibson’s continued adherence and commitment to existing operating standards and financial principles and its ability to achieve targets related thereto, including build multiples; expectations regarding cash flows and future customer demand; and the timing, location and content of the Investor Day event. The forward-looking statements reflect Gibson’s beliefs and assumptions with respect to, among other things, future market conditions; future growth in crude production; the accuracy of financial and operational projections of Gibson; Gibson’s future operating and financial results; the integrity and reliability of Gibson’s infrastructure; the ability to meet growth capital and replacement capital expenditure targets; future demand for Gibson infrastructure; continued adherence to Gibson’s financial principles and capital allocation philosophy; the ability to place incremental infrastructure projects into service and the timing thereof; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner; and the prevailing regulatory, tax, and environmental laws and regulations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including, without limitation, risks inherent to Gibson’s business generally and risks relating to historical and future financial results as it relates to Gibson’s financial condition or results; the effect of reductions or increases in Gibson’s borrowing costs; exposure to counterparties and partners, including ability and willingness of such parties to satisfy contractual obligations in a timely manner; future capital expenditures; production of crude oil; the development and execution of projects; the availability and cost of labour, materials, services and infrastructure; and applicable laws and government policies. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release. The Company does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to, the risks and uncertainties described in “Forward-Looking Information” and “Risk Factors” included in the Company’s Annual Information Form dated February 18, 2025 and Management’s Discussion and Analysis for three and nine months ended September 30, 2025, each as filed on SEDAR+ and available on the Gibson website at http://www.gibsonenergy.com.
Gibson Energy Announces Major Contract Extensions of 20 and 10 Years at Edmonton, Sanctioning of New Wink-to-Gateway Integration Project, and $150 Million of Growth Capital in 2026
