3DX Technologies Inc. Announces Meeting Date.HOUSTON--(BUSINESS WIRE)--Aug. 25, 1999-- 3DX Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:TDXTC) today announced that a proxy statement/prospectus dated Aug. 23, 1999 for the 3DX and Esenjay Exploration, Inc. (Nasdaq:ESNJ) merger has been cleared with the Securities and Exchange Commission and will be mailed to 3DX and Esenjay stockholders on Aug. 25, 1999. A Special Meeting of Stockholders of the Company has been set for 10:00 am Central Daylight time on Thursday, Sept. 23, 1999 at the Company's corporate offices located at 12012 Wickchester, Suite 250, Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the 77097. The board of directors has fixed the close of business on Aug. 19, 1999 as the record date for determining which stockholders are entitled to notice of, and to vote at, the special meeting. The purpose of the special meeting is to allow the stockholders to consider and vote on a proposal to approve and adopt the Plan and Agreement of Merger, dated as of May 11, 1999, between 3DX and Esenjay, with Esenjay surviving the merger. In addition to the Proxy Statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. , 3DX stockholders will also receive in a separate mailing an election form as to the consideration -- either Esenjay common stock, Esenjay Series A preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. or a combination of the two -- they wish to receive in the event the merger is consummated. 3DX stockholders are encouraged to return both the election forms and their proxy cards A proxy card is an easily-acquired or home-made substitute for a collectible card. A proxy is used when a collectible card game player does not own a card, and it would be impractical for such purposes to acquire the card. . Any questions concerning the election forms or proxies should be directed to MacKenzie Partners Inc. at 800/322-2885 or 212/929-5500 (collect). 3DX Technologies Inc. is a knowledge-based oil and gas exploration company whose core competence Core competence Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty. and strategic focus is the utilization of 3-D seismic imaging and other advanced technologies in the search for commercial quantities of hydrocarbons. Certain statements in this news release regarding future expectations and plans for oil and gas exploration, development and production may be regarded as "forward looking statements" within the meaning of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act. They are subject to various risks, such as operating hazards, drilling risks, and other uncertainties inherent in the business of exploring for, developing and producing oil and gas which may be beyond the Company's control. These risks are discussed in detail in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 1998, as well as other filings with the Securities and Exchange Commission. There can be no assurance that the Company's exploration activities will be successful in meeting the Company's expectations. |
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