Tengasco Reports Erroneous Third Party Indication of Date of Earnings and Announces Date of Earnings Announcement of November 10
October 23 2006 - 11:43AM
Business Wire
Tengasco, Inc. announced today that it has been erroneously
reported by various internet information gathering services that
Tengasco will announce earnings for the quarter ending September
30, 2006 on October 23, 2006. This erroneous information is the
result of a service representative for one internet information
gathering service mistakenly entering event information for another
company under the Company�s ticker symbol. The representative
erroneously entered information applicable to TGC Industries
(AMEX:TGE) under Tengasco�s ticker symbol TGC. Although that
service removed this erroneous information, it was apparently
repeated by other services without authorization by the Company.
The Company has no affiliation with or other interest in TGC
Industries. The Company urges all investors to be aware of the
potential for confusion between information applicable to TGC
Industries (AMEX:TGE) and Tengasco, Inc. (AMEX:TGC) in the event
this mistake by third parties occurs again in the future. The
Company did not furnish any service with any date for its earnings
release, and in the past has never released its quarterly earnings
in the first calendar month following the end of a quarter. In view
of the potential confusion that may have been caused by the
erroneous third party report of the date of Tengasco�s earnings
announcement, Tengasco announces that it anticipates the Company
will file its Quarterly Report on Form 10-Q for the quarter ending
September 30, 2006 on November 10, 2006. Forward-looking statements
made in this release are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that all forward-looking statements involve
risk and uncertainties which may cause actual results to differ
from anticipated results, including risks associated with the
timing and development of the Company's reserves and projects as
well as risks of downturns in economic conditions generally, and
other risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission. Tengasco, Inc.
announced today that it has been erroneously reported by various
internet information gathering services that Tengasco will announce
earnings for the quarter ending September 30, 2006 on October 23,
2006. This erroneous information is the result of a service
representative for one internet information gathering service
mistakenly entering event information for another company under the
Company's ticker symbol. The representative erroneously entered
information applicable to TGC Industries (AMEX:TGE) under
Tengasco's ticker symbol TGC. Although that service removed this
erroneous information, it was apparently repeated by other services
without authorization by the Company. The Company has no
affiliation with or other interest in TGC Industries. The Company
urges all investors to be aware of the potential for confusion
between information applicable to TGC Industries (AMEX:TGE) and
Tengasco, Inc. (AMEX:TGC) in the event this mistake by third
parties occurs again in the future. The Company did not furnish any
service with any date for its earnings release, and in the past has
never released its quarterly earnings in the first calendar month
following the end of a quarter. In view of the potential confusion
that may have been caused by the erroneous third party report of
the date of Tengasco's earnings announcement, Tengasco announces
that it anticipates the Company will file its Quarterly Report on
Form 10-Q for the quarter ending September 30, 2006 on November 10,
2006. Forward-looking statements made in this release are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that all
forward-looking statements involve risk and uncertainties which may
cause actual results to differ from anticipated results, including
risks associated with the timing and development of the Company's
reserves and projects as well as risks of downturns in economic
conditions generally, and other risks detailed from time to time in
the Company's filings with the Securities and Exchange Commission.
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