FORWARD-LOOKING STATEMENTS

This website contains forward-looking statements. More particularly, this website contains statements concerning anticipated: (i) capital expenditures for 2009, (ii) exploration and development activities, (iii) the estimated reserve-life-index and (iv) the expected impact on Midway of changes to the Alberta royalty structure. The forward-looking statements are based on certain key expectations and assumptions made by Midway, including expectations and assumptions concerning the performance of existing wells and success obtained in drilling new wells, anticipated expenses, funds from operations and capital expenditures and the application of regulatory and royalty regimes. Although Midway believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Midway can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price and exchange rate fluctuations and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Certain of these risks are set out in more detail in Midway's Annual Information Form which has been filed on SEDAR and can be accessed at www.sedar.com. Midway does not undertake any obligation to update or revise any of these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

TERMS AND CONDITIONS OF WEBSITE USE

Material contained in this web site is for information purposes only and is not intended to constitute an offering of securities in any jurisdiction. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and Midway Energy Ltd. makes no representation or warranty to that effect. Information disclosed under the corporate and securities laws of Canadian jurisdictions applicable to Midway Energy Ltd. is not intended to be in any way qualified, amended, modified or supplemented by the information available in, through or on this web site. Due to the technical and security risks inherent on the Internet, and because the document you access may differ from the original depending on your browser software, the information set out in this web site should not be used for the purpose of making decisions with respect to Midway Energy Ltd.'s securities.

DISCLAIMER OF WARRANTIES

The information, material and software algorithms contained in this web site or which may be downloaded from this web site, including text, graphics and hyperlinks, are provided "as is" and "as available".

The information and material contained in this web site are believed to be accurate and complete at the time of their posting. Although Midway Energy Ltd. attempts to ensure that all information and material remain current and accurate, Midway Energy Ltd. does not warrant its accuracy, completeness and currency at all times. In addition, Midway Energy Ltd. does not warrant the accuracy, adequacy or completeness of software algorithms and expressly disclaims liability for errors or omissions in any software algorithms. You understand and expressly agree that use of this web site is at your sole risk, that any material and/or data downloaded or otherwise obtained through the use of this web site is at your own discretion and risk and that you will be solely responsible for any damage to your computer system or loss of data that may result from the download of such material and/or data.

No warranty of any kind, implied, express or statutory, including but not limited to warranties as to non-infringement of intellectual property rights or third party rights, title, latent defects, uninterrupted service, merchantability, fitness for a particular purpose and freedom from computer viruses, is given in conjunction with the information, materials and software algorithms associated with this web site. The foregoing limitation of implied warranties is subject to applicable law.

EXCLUSION OF LIABILITY

In no event will Midway Energy Ltd. be liable for any damages, including without limitation, direct or indirect, special, incidental, moral or consequential damages, loss of profits, opportunities or information, or for expenses arising in connection with this web site (including, without limitation, for damages resulting from disclosure or transmission of any web site user’s personal or confidential information), with any software algorithms available thereon nor with any hyperlinked web site or for use thereof or inability to use by interruption, defect, delay in operation or transmission, computer virus or line or system failure. Software algorithms made available and hyperlinks to other internet resources are at your own risk. The content, accuracy, opinions expressed, and other links provided by these software algorithms and resources are not investigated, verified, monitored, or endorsed by Midway Energy Ltd. or its subsidiaries.

COPYRIGHT, TRADEMARKS AND INTELLECTUAL PROPERTY

In using this web site, you agree that the contents hereof (including graphics, tables, charts, images and narrative material) is protected by copyright, trademark and other proprietary rights. You acknowledge that these rights are valid and legally binding upon you and that your use of the content of this web site is governed by applicable copyright, trademark and other intellectual property laws of Canada and other countries.

Certain names, words, titles, phrases, logos, icons, graphics or designs in this web site may constitute trade names, trademarks or service marks of Midway Energy Ltd., or the use of which may have been licensed to them. The display of trademarks, trade names or service marks on this web site does not imply that a license of any kind has been granted to anyone else.

You may copy materials published on this web site solely for your non-commercial use. No other use of the information is authorized. In consideration for this authorization, you shall be required to ensure that any copy of these materials made by you shall retain all copyright and other proprietary notices in the same form and manner as the original.

Any unauthorized downloading, retransmission, republication or other copying or modification of material posted on this web site, including trademarks, trade names, and service marks, may violate federal, provincial, common or civil law trademark law and copyright law, and may result in legal action.

LINKS TO THIRD-PARTY WEB SITES

Midway Energy Ltd. does not control any third-party web site and is therefore not responsible for the content of any linked web site or any link contained within a linked web site. Midway Energy Ltd. provides such links only as a convenience and the inclusion of any link does not imply endorsement, investigation or verification by Midway Energy Ltd. of the linked web site or information contained therein.