suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly:
Sue Dunnell
PowerBuilder Product Manager
978 287 1752
sue.dunnell@sybase.com
IRVING, TX -- (MARKET WIRE) -- 01/25/08 -- With oil and gas prices at record levels, the
debate for increased domestic energy exploration continues to grow.
America's dependency on imports from other countries, particularly from the
Middle East, has created the potential for a major energy crisis both at
home and abroad. As a result, a Texas-based oil and natural gas company is
striving to increase domestic reserves through its innovative technology
and exploration programs.
Tri-Crescent Energy Corporation,
a Texas corporation, is currently participating in several discovery
efforts in the Gulf Coast region. Using state-of-the-art, three-dimensional
seismic profiling, the company is able to search for and locate oil and
natural gas deep beneath the Earth's surface.
"We are very methodical and precise when it comes to our drilling efforts,"
said William J. Hill, president and owner of Tri-Crescent Energy Corp.
"This allows us to be good stewards of the resources entrusted to us and
enables us to focus on areas with a higher potential for profits," he
added.
Since its inception in 2000, Tri Crescent Energy Corp.
has used an experienced team of engineers, geologists and geophysicists for
its exploration. The company utilizes electric and sonic logs, along with
3D seismic and subsurface information, to locate and extract natural gas
and oil.
The company also allows qualified partners to participate in oil and gas
drilling programs in order to take advantage of current energy market
conditions.
"We are committed to being efficient and aggressive for our partners and
employees," said Hill. "It's an exciting time to be in the oil and gas
industry, and we look forward to the next 12 to 18 months and the
foreseeable future."
Tri-Crescent Energy Corp. has several drilling projects planned for early
2008 and plans to issue frequent updates on its efforts.
Tri-Crescent Energy Corporation prepared all material herein based upon
information believed to be reliable. The information contained herein is
not guaranteed by Tri-Crescent Energy Corp. to be accurate and should not
be considered to be all-inclusive. This release contains forward-looking
statements that involve risks and uncertainties. This material is for
informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. Tri-Crescent Energy
Corp. is not a licensed broker, broker dealer, market maker, investment
banker, investment advisor, commodities trading adviser, analyst, or
underwriter. Please consult a licensed and qualified financial advisor
before purchasing or selling any Tri-Crescent Energy Corp. securities. Tri
Crescent Energy Corporation paid cash to a marketing agent for the
production and distribution of information about the company as part of a
public relations campaign.
This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
Securities and Exchange Act of 1934, as amended, and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally proceeded by words such as "may," "future," "plan" or "planned,"
"will" or "should," "expected," "anticipates," "draft," "eventually" or
"projected." You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future circumstances,
events or results to differ materially from those projected in the
forward-looking statements including the risks that actual results may
differ materially from those projected in the forward-looking statements.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made as of
the date hereof, and Tri Crescent Energy Corp. undertakes no obligation to
update those statements. You should contact the company for additional
information.
Add to DiggBookmark with del.icio.usAdd to Newsvine
Contact:
Tri-Crescent Energy Corp.
William J. Hill
972-556-1430 Email Contact