Contact Information: Contact: Don Kirkendall President dkirk@petroresourcescorp.com (832) 369-6986 Ext 224 or Ron Ormand Executive Vice President and Chief Financial Officer rormand@petroresourcescorp.com (832) 369-6986 Ext 231
Petro Resources Schedules Conference Call With New Chairman of the Board
| Source: Petro Resources Corporation
HOUSTON, TX--(Marketwire - May 27, 2009) - Petro Resources Corporation (NYSE Amex : PRC )
("the Company") announced today it will host a conference call to introduce
Mr. Gary C. Evans, the newly appointed Chairman of the Board of Directors
of the Company. Mr. Evans will discuss his business background and
experience, current views on the industry, and plans for the Company. He
will be available to answer questions following his remarks.
The conference call will be held on Wednesday, May 27, 2009 at 3:15 p.m.
CDT. Anyone who is interested in participating in the conference call can
dial in at 800-704-9804, conference code is 893427#. Alternatively, the
conference call will be archived and those who wish to listen can log on
through the Company web site at www.petroresourcescorp.com.
About Petro Resources
Petro Resources Corporation and subsidiaries is an independent exploration
and production company engaged in the acquisition of exploratory leases and
producing properties, secondary enhanced oil recovery projects, exploratory
drilling, and production of oil and natural gas in the United States.
For more information, please view our website at
www.petroresourcescorp.com.
Forward-looking Statements
The statements contained in this press release that are not historical are
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended (the "Securities Act"), and Section 21E
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
including statements, without limitation, regarding the Company's
expectations, beliefs, intentions or strategies regarding the future. Such
forward-looking statements may relate to, among other things: (1) the
Company's proposed exploration and drilling operations on its various
properties, (2) the expected production and revenue from its various
properties, (3) the Company's proposed redirection as an operator of
certain properties and (4) estimates regarding the reserve potential of its
various properties. These statements are qualified by important factors
that could cause the Company's actual results to differ materially from
those reflected by the forward-looking statements. Such factors include
but are not limited to: (1) the Company's ability to finance the continued
exploration, drilling and operation of its various properties, (2)
positive confirmation of the reserves, production and operating expenses
associated with its various properties; and (3) the general risks
associated with oil and gas exploration, development and operation,
including those risks and factors described from time to time in the
Company's reports and registration statements filed with the Securities and
Exchange Commission, including but not limited to the Company's Annual
Report on Form 10-K and Form 10-K/A for the year ended December 31, 2008
filed with the Securities and Exchange Commission on March 31, 2009 and
April 29, 2009, respectively, and our subsequently filed reports. The
Company cautions readers not to place undue reliance on any forward-looking
statements. The Company does not undertake, and specifically disclaims any
obligation, to update or revise such statements to reflect new
circumstances or unanticipated events as they occur.