Parallel Petroleum Corporation Announces Third Quarter 2004 Earnings Conference Call and Webcast.MIDLAND, Texas Midland is the county seat of Midland CountyGR6 located on the Southern Plains of the western area of the U.S. State of Texas. As of the 2006 U.S. Census estimate, the city had a total population of 102,073. -- Parallel Petroleum Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PLLL) will host a conference call to discuss the Company's financial and operational results for the third quarter ended September September: see month. 30, 2004, on Monday Monday: see week. , November 15, 2004, at 2:00 p.m. Eastern time (1:00 p.m. Central time). This call is being webcast by CCBN CCBN Central Coast Bancorp CCBN Charles County Business Network and can be accessed at Parallel's web site at www.plll.com. The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com). Call Participation & Replay Dial-in Numbers To participate in the call, dial 1-800-265-0241 or 1-617-847-8704, Participant Passcode 92226148, at least five minutes before the scheduled start time. A replay of the conference call will be available at the Company's web site or by calling 1-888-286-8010 or 1-617-801-6888, Passcode 36960097. Related Press Releases Parallel's related operations update for the third quarter ended September 30, 2004, is expected to be released on or before Friday, November 12, 2004. Parallel's related earnings announcement for the third quarter ended September 30, 2004, is expected to be released Monday morning, November 15, 2004, prior to the conference call. The Company Parallel Petroleum is an independent energy company headquartered in Midland, Texas, primarily engaged in the acquisition, development, exploration and production of oil and gas using enhanced oil recovery Enhanced Oil Recovery (EOR) is a generic term for techniques for increasing the amount of oil that can be extracted from an oil field. Using EOR, 30-60 %, or more, of the reservoir's original oil can be extracted [1] compared with 20-40% [2] techniques and 3-D seismic technology. Additional information on Parallel Petroleum Corporation is available at www.plll.com. |
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