Message #7 From:
Stock News Bot Date: November 6, 2006 10:25:00 AM
POIG News Petrol Oil and Gas to Announce Third Quarter Results on Thursday, November 9th
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Petrol Oil and Gas, Inc. (OTCBB: POIG), an independent energy
exploration and development company with properties in Kansas and
Missouri, announced today that it will release its third quarter results
for the period ended September 30, 2006 on Thursday, November 9th after
the market closes.
The Company will hold a conference call later that day at 4:30 p.m.
Eastern Time to discuss the results and outlook for the balance of 2006.
Interested participants should call (877) 803-5726 for domestic access
or (706) 679-6112 for international access. Please reference Conference
I.D. Number 1628850.
There will be a replay available commencing two hours after the
completion of the call which will be available for 30 days. To listen to
the playback, please call (800) 642-1687 when calling within the United
States or (706) 645-9291 when calling internationally. Please use
passcode 1628850. The call will also be webcast and will be available on
the Company's web site at www.petroloilandgas.com
for 30 days.
About Petrol Oil and Gas, Inc.
Petrol Oil and Gas, Inc. is an oil and gas exploration and development
company currently involved in the development of oil and natural gas
from leases encompassing approximately 165,000 gross acres in Kansas and
Missouri. Its common stock is traded on the OTC Bulletin Board under the
symbol "POIG."
Forward-Looking Statement: The statements in this press release
regarding the Petrol-Neodesha Project, the number of new and completed
wells in this area, new well success rates, Petrol-Neodesha operations,
the Coal Creek Project, the amount of gas production being derived from
the wells, amount of gas hedged, any implied or perceived benefits from
Petrol's CBM assets, and any other effects resulting from any of the
above are forward-looking statements. Such statements involve risks and
uncertainties, including, but not limited to, actual amount of gas
production at the Petrol-Neodesha Project, the continued production of
gas at historical rates, the actual de-watering delay and anticipated
ongoing delays at Coal Creek Project, sufficient additional funding to
complete the Coal Creek Project, costs of operations, delays, and any
other difficulties related to producing minerals such as oil or gas,
Petrol's continued maintenance of its properties, price of oil or gas,
marketing and sales of produced minerals, risks and effects of legal and
administrative proceedings and governmental regulation, future financial
and operational results, competition, general economic conditions, and
the ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual outcomes may vary
materially from those indicated. Important factors that could cause
actual results to differ materially from the forward-looking statements
Petrol makes in this news release include market conditions and those
set forth in reports or documents Petrol files from time to time with
the SEC. Petrol undertakes no obligation to revise or update such
statements to reflect current events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.
