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Published in Stocks and Investing on Monday, March 23rd 2009 at 9:53 GMT, Last Modified on 2009-03-23 09:54:39 by Market Wire
HOUSTON, TX--(Marketwire - March 23, 2009) - Petro Resources Corporation (NYSE Amex: PRC) (
To participate in the conference call participants should dial (800) 704-9804 approximately 15 minutes before the scheduled conference time. The participant conference code is 893427#. Alternatively, the conference call will also be archived and those who wish to listen to the archived call can do so via the Company web site at [ www.petroresourcescorp.com ].
About Petro Resources
Petro Resources Corporation is an independent exploration and production company engaged in acquisitions of exploratory leases, acquisitions of producing properties, secondary enhanced oil recovery projects, exploratory drilling, and production of oil and natural gas in the United States.
The Company is currently producing oil and natural gas from a geographically and geologically diversified reserve base. The Company's net total proved reserves of more than 3 million barrels of oil equivalent is distributed among 18 fields in the states of North Dakota, Texas, and Louisiana.
For more information, please view our website at [ www.petroresourcescorp.com ].
Forward-looking Statements
The statements contained in this press release that are not historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding the Company's expectations, beliefs, intentions or strategies regarding the future. Such forward-looking statements relate to, among other things: (1) the Company's proposed exploration and drilling operations on its various properties, (2) the expected production and revenue from its various properties, and (3) estimates regarding the reserve potential of its various properties. These statements are qualified by important factors that could cause the Company's actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) the Company's ability to finance the continued exploration and drilling operations on its various properties, (2) positive confirmation of the reserves, production and operating expenses associated with its various properties; and (3) the general risks associated with oil and gas exploration and development, including those risks and factors described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10-K for the year ended December 31, 2007 filed with the Securities and Exchange Commission on March 31, 2008 and our subsequently filed reports. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
