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CanArgo Energy Corporation: Conference Call Re-Scheduled.


TBILISI, Georgia -- CanArgo Energy Corporation (AMEX AMEX

See: American Stock Exchange
:CNR See riser card.

CNR - Communication and Network Riser
)(OSE OSE - Open Systems Environment :CNR) (the "Company") today announced that it's previously postponed conference call has been re-scheduled for Thursday 18, November at 11:00 a.m. US Eastern Time (17:00 pm Central European Time Central European Time
Noun

the standard time adopted by Western European countries one hour ahead of Greenwich Mean Time, corresponding to British Summer Time Abbrev: (CET)
). The purpose of the call is to update shareholders on its third quarter 2004 financial results for the period ended September 30, 2004 and to discuss current operations in Georgia.

To participate in the call in the Unites States and Canada please dial 1-800-273-9154. Callers from outside the US and Canada please dial +1-706-643-8929. The conference code is 2342590. Participants will have an opportunity to ask questions after the presentation. There will also be a playback available. To listen to the playback, please call 1-800-642-1687 when calling within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  or +1-706- 645-9291 when calling from outside the US and Canada. Please use passcode 2342590. The playback will be available beginning at midnight eastern time the day of the call and accessible for 60 days.

Please note the conference call code has changed from the previously postponed call.

The call will also be broadcast over the Internet. To listen to the call, please go to www.canargo.com or http://audioevent.mshow.com/193988 where there is a short registration process.

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.

The matters discussed in this press release include 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.
, 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.

CanArgo Energy Corporation (AMEX:CNR) (OSLO STOCK EXCHANGE Oslo Stock Exchange

An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway.
:CNR)
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:Nov 17, 2004
Words:406
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