Carbon Energy Corporation to Present at The Oil and Gas Conference in Denver.Business Editors/Energy Writers DENVER--(BUSINESS WIRE)--July 26, 2001 Carbon Energy Corporation (AMEX AMEX See: American Stock Exchange :CRB CRB See: Commodity Research Bureau. ) President and Chief Executive Officer Patrick R. McDonald will present at The Oil and Gas Conference in Denver on Wednesday, August 1, 2001, at 4:20 p.m. Mr. McDonald's presentation will give an update of the company's operations and growth strategy. Carbon's conference presentation can be viewed at the company's website at www.carbonenergy.com or at the conference website, www.theoilandgasconference.com, starting August 2, 2001. Carbon Energy Corporation is a Denver-based natural gas and crude oil exploration and production company with offices in Denver and Calgary, Alberta. Carbon's 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. operations are conducted through its subsidiary, Bonneville Fuels Corporation. Carbon's Canadian operations are conducted through its subsidiary, CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well. Resources Ltd. Carbon has rapidly growing reserve base, cash flow and production. Carbon's U.S. and Canadian operations and reserves are weighted toward natural gas, which accounts for approximately 90% of proved reserves proved reserves The quantity of minerals expected to be recoverable under current economic and operating conditions. The amount of proved reserves is important in valuing the stock of a company with significant holdings in natural resources. and production. Carbon's focus is on the continued development of its extensive natural gas properties in the Rocky Mountain region The Rocky Mountain Region is a floristic region within the Holarctic Kingdom in western North America (Canada and the United States) delineated by Armen Takhtajan and Robert F. Thorne. of the United States and in Central Alberta, with emphasis on the Piceance and Uintah Basins and the Carbon and Rowley areas of Alberta. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect the Company's operations, financial performance and other factors as discussed in the Company's filings with the Securities and Exchange Commission. Among the factors that could cause results to differ materially are those risks discussed in the Company's 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 December 31, 2000. |
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