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CEOcast.com Interviews CanArgo CEO.


Energy Editors/News Editors/Business Editors

OSLO, Norway & NEW YORK--(BUSINESS WIRE)--May 6, 2004

CanArgo Energy Corporation (AMEX AMEX

See: American Stock Exchange
:CNR See riser card.

CNR - Communication and Network Riser
) (OSE OSE - Open Systems Environment :CNR) announced today that the internet based business news service CEOcast.com has interviewed CanArgo's Chief Executive Officer, Dr. David Robson, and this interview is available on CEOcast's website at www.ceocast.com. The interview will be available for one week from May 4, 2004.

In other news, CanArgo announced that it will ring the bell on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 trading floor on Monday, May 24, 2004.

As a reminder to stockholders, CanArgo's Annual Meeting of Stockholders will be held on May 18, 2004 at 10:30 am (New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 time) at the offices of Satterlee Stephens Burke & Burke LLP LLP - Lower Layer Protocol , 230 Park Avenue, Suite 1130, New York, N.Y. 10169.

CanArgo is an independent oil and gas exploration and production company with its oil and gas operations currently located in the Republic of Georgia and the Caspian area. Further information on the Company is available at www.canargo.com and at http://www.sec.gov.

The matters discussed in this press release include forward looking statements, which are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in such forward looking statements. Such risks, uncertainties and other factors include the uncertainties inherent in oil and gas development and production activities, the effect of actions by third parties including government officials, fluctuations in world oil prices and other risks detailed in the Company's reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission. The forward-looking statements are intended to help shareholders and others assess the Company's business prospects and should be considered together with all information available. They are made in reliance upon the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The company cannot give assurance that the results will be attained.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:May 6, 2004
Words:336
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