Hanover Compressor Company Presentation at the 2007 Bear Stearns 1st Annual Global Oil & Gas Conference
March 09 2007 - 11:18AM
Business Wire
Hanover Compressor Company (NYSE:HC), a global market leader in
full service natural gas compression and a leading provider of
service, fabrication and equipment for oil and natural gas
production, processing and transportation applications, will be
presenting at the 2007 Bear Stearns 1st Annual Global Oil & Gas
Conference on Wednesday, March 14, 2007 in New York City. John
Jackson, President and Chief Executive Officer, will be presenting
on Wednesday, March 14, 2007 at 2:35 p.m. Eastern Standard Time. A
live webcast of Hanover's presentation and the presentation slides
will be available at 2:35 p.m. EST, Wednesday, March 14, by logging
onto Hanover's website (www.hanover-co.com) or by clicking this
URL: http://cc.talkpoint.com/BEAR002/031407a_cy/?entity=hanover
(Due to the length of this URL, it may be necessary to copy and
paste this hyperlink into your Internet browser's URL address
field. You may also need to remove an extra space in the URL if one
exists.) The webcast will be available for on-demand replay within
24 hours of the live presentation and will remain available through
Wednesday, March 21, 2007. Use the URL above to access the replay.
About Hanover Compressor Company Hanover Compressor Company
(NYSE:HC) is a global market leader in full service natural gas
compression and a leading provider of service, fabrication and
equipment for oil and natural gas production, processing and
transportation applications. Hanover sells and rents this equipment
and provides complete operation and maintenance services, including
run-time guarantees for both customer-owned equipment and its fleet
of rental equipment. Founded in 1990 and a public company since
1997, Hanover's customers include both major and independent oil
and gas producers and distributors as well as national oil and gas
companies. More information can be found on the Internet
(www.hanover-co.com). Forward-looking Statements Certain matters
discussed in this presentation are "forward-looking statements"
intended to qualify for the safe harbors established by the Private
Securities Litigation Reform Act of 1995 and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements can generally be identified as such because of the
context of the statement or because the statement includes words
such as "believes," "anticipates," "expects," "estimates," or words
of similar import. Similarly, statements that describe Hanover's
future plans, objectives or goals or future revenues or other
financial measures are also forward-looking statements. Such
forward-looking statements are subject to risks and uncertainties
that could cause our actual results to differ materially from those
anticipated as of the date the statements were made. These risks
and uncertainties include, but are not limited to: our inability to
renew our short-term leases of equipment with our customers so as
to fully recoup our cost of the equipment; a prolonged substantial
reduction in oil and natural gas prices, which could cause a
decline in the demand for our compression and oil and natural gas
production and processing equipment; reduced profit margins or the
loss of market share resulting from competition or the introduction
of competing technologies by other companies; changes in economic
or political conditions in the countries in which we do business,
including civil uprisings, riots, terrorism, the taking of property
without fair compensation and legislative changes; changes in
currency exchange rates; the inherent risks associated with our
operations, such as equipment defects, malfunctions and natural
disasters; governmental safety, health, environmental and other
regulations, which could require us to make significant
expenditures; our inability to implement certain business
objectives, such as international expansion (including our ability
to timely and cost-effectively execute projects in new
international operating environments), integrating acquired
businesses, generating sufficient cash, accessing capital markets,
refinancing existing or incurring additional indebtedness to fund
our business, and executing our exit and sale strategy with respect
to assets classified on our balance sheet as assets held for sale;
risks associated with any significant failure or malfunction of our
enterprise resource planning system and our inability to comply
with covenants in our debt agreements and the decreased financial
flexibility associated with our substantial debt. A discussion of
these and other factors is included in the Company's periodic
reports filed with the Securities and Exchange Commission.
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