Message #6 From:
NewsBot Date: September 26, 2005 05:57:00 AM
SNRG News SNRG Confirms Bay City Facility Not Harmed by Hurricane Rita
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Sept. 26, 2005--SNRG Corporation (OTCBB:SNRG), in response to Investor concerns, advises that the Bay City Gasification Facility was not impacted by Hurricane Rita.
"We are thankful that the Bay City community and our recently acquired facility were not impacted by Hurricane Rita" stated Mr. Fimrite, "We also wish to express our sympathy to those communities that were affected."
The Company is continuing its program to bring the facility into production as soon as feasible. The facility, with modifications, may be able to play a role in processing waste arising from the recent hurricanes in Texas, Louisiana and Mississippi.
"We intend to evaluate expanding the types of waste material that can be processed by our facility," continued Mr. Fimrite, "Once we determine what we can process we will offer our assistance to the authorities responsible for the various clean-up programs."
For additional information, please visit our Web site at: www.SNRG.net. Please note the new corporate address and contact numbers below.
Corporate Offices:
14300 N Northsight Blvd, Ste 227
Scottsdale, AZ, 85260
Tel: 480-991-2040
Fax: 480-991-2203
Forward-Looking Statements: This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, bringing the Bay City gasification plant into production and its ability to process waste arising from any recent hurricane damage.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with oil and gas exploration; changes in reserve estimates if any; the potential productivity of our properties; changes in the operating costs and changes in economic conditions and conditions in oil and gas production and exploration and the unproven nature of alternative energy technologies and its commercial viability. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2004 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
