Cambridge Energy to Exhibit at The Money Show, Las Vegas -- May 15-18, 2000.Business Editors COCOA, Fla.--(BUSINESS WIRE)--May 15, 2000 Cambridge Energy Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CNGG), an oil and gas extraction and development company with producing properties in Louisiana Louisiana (ləwē'zēăn`ə, l  ē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. and Indonesia, today announced that it will be an exhibitor at The Money Show in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. from May 15-18, at the Bally's and Paris Resorts. The Money Show, in its 12th Season, is one of the most popular investment conferences in the U.S. Thousands of investors attend The Money Show each year where the nation's top money managers, investment newsletter writers, and market makers give their extensive insight on the economy, world events, and the investment environment in general. Investment seminars are also presented where investment professionals comment on stocks that have great potential, but are under-followed by Wall Street. Cambridge Energy is pleased to be part of this three-day event three-day event a competition in the pleasure horse sport comprising usually one day each for dressage, cross country and show jumping. where it will have the opportunity to present to individual investors. As the major oil and gas companies continue to move offshore and overseas in search of larger reserves, Cambridge is poised to acquire their smaller producing properties with proven reserves, providing increased revenue and profit opportunities for its shareholders. The company has proven this strategy over the past four years, having acquired producing properties with proven oil reserves Oil reserves refer to portions of oil in place that are claimed to be recoverable under economic constraints. Oil in the ground is not a "reserve" unless it is claimed to be economically recoverable, since as the oil is extracted, the cost of recovery increases incrementally of 17 million barrels and 50-60 billion cubic feet of natural gas reserves. Can't make it to The Money Show in Las Vegas? Then check out the company's Web site at www.cambridgeenergy.com. About Cambridge Energy Cambridge Energy Corp. is engaged in the acquisition, development and operation of producing oil and natural gas properties with proven reserves. To date, the company has acquired properties in Louisiana and Indonesia with proven oil reserves of 16.8-17.8 million barrels and 50-60 billion cubic feet of natural gas reserves. Further information can be found at the company's Web site: http://www.cambridgeenergy.com or at http://www.magnumfinancial.com. This news release includes 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. that are made pursuant to 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 the Private Securities Litigation Reform Acts The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission. |
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