3TEC Energy Corporation to Host First Quarter 2001 Conference Call on May 9.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--May 7, 2001 3TEC Energy Corporation ("3TEC") (Nasdaq:TTEN TTEN Thermoanaerobacter Tengcongensis ) announced today it will release its results for the quarter ending March 31, 2001 prior to market open on Wednesday Wednesday: see week. , May 9, 2001. 3TEC's management will be holding a conference call to discuss first quarter financial results and operating activity on Wednesday, May 9, 2001 at 11:00 a.m. Eastern Standard Time. Interested parties may listen to the conference call live at 3TEC's Web site at www.3tecenergy.com. For those unable to participate on May 9, a tape replay will be available through May 24, 2001 by calling 800/475-6701, passcode 577346. A replay of the conference call will also be available on the 3TEC Web site for 30 days following the call. 3TEC Energy Corporation is engaged in the acquisition, development, production and exploration of oil and natural gas, with properties geographically ge·o·graph·ic also ge·o·graph·i·cal adj. 1. Of or relating to geography. 2. Concerning the topography of a specific region. ge concentrated in East Texas and the Gulf Coast region. 3TEC also owns significant properties in the Permian and San Juan basins The San Juan Basin is a drainage basin and geologic structural basin in the Four Corners region of the Southwestern United States; its main portion covers around 4,600 square miles, encompassing much of northwestern New Mexico, northeastern Arizona, and parts of Colorado and Utah. and in the Mid-Continent regions. The information contained in this press release may contain projections, estimates and other forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Important factors that could cause actual results to differ materially from those included in the forward-looking statements include the timing and extent of changes in commodity prices for oil and gas, environmental risks, drilling, producing and operating risks Operating risk The inherent or fundamental risk of a firm, without regard to financial risk. The risk that is created by operating leverage. Also called business risk. , risks related to exploration and development, uncertainties about the estimates of reserves, government regulation, competition and the ability of the company to meet its stated business goals. |
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