1131072--3/5/2009--TETON_ENERGY

related topics

{gas, price, oil}

{acquisition, growth, future}

{debt, indebtedness, cash}

{loss, insurance, financial}

{stock, price, share}

{stock, price, operating}

{provision, law, control}

{operation, natural, condition}

{personnel, key, retain}

Our leverage may limit our ability to borrow additional funds, comply with the terms of our indebtedness or capitalize on business opportunities. We may be unable to obtain funding on acceptable terms or at all because of the deterioration of the credit and capital markets, and oil and gas commodity prices. This may hinder or prevent us from meeting our future capital needs. Our credit facility has borrowing base restrictions, which could adversely affect our operations. We may be unable to fully execute our growth strategy if we encounter illiquid capital markets. Our oil and gas production results are dependent on factors, including commodity prices and commodity price basis differentials, which are subject to various external influences that cannot be controlled. Our use of oil and natural gas price hedging contracts involves credit risk and may limit future revenues from price increases while not hedging may result in significant fluctuations in our net income and stockholders equity. Drilling for and producing oil and natural gas are high risk activities with many uncertainties that could adversely affect our business, financial condition, or results of operations. Acquisitions are a part of our business strategy and are subject to the risks and uncertainties of evaluating recoverable reserves and potential liabilities. Our acquisitions may pose integration risks and other difficulties. We have limited operating control over our current production. The marketability of our production depends upon the availability, proximity and capacity of gas gathering systems, pipelines and processing facilities, which are owned by third parties. Seasonal weather conditions and lease stipulations can adversely affect the conduct of drilling activities on our properties. Our reserves and future net revenues may differ significantly from our estimates. The loss of key personnel could adversely affect our business. We may incur non-cash charges to our operations as a result of current and future financing transactions. Risks Relating To Our Common Stock Our insiders beneficially own a significant portion of our stock. The anti-takeover effects of provisions of our charter and by-laws and of certain provisions of Delaware corporate law, could deter, delay, or prevent an acquisition or other change in control of us and could adversely affect the price of our common stock. The price of our common stock may fluctuate significantly, which may make it difficult for investors to resell common stock when they want to or at prices they find attractive.

Full 10-K form ▸

1131072--3/5/2009--TETON_ENERGY_CORP