King Resources Announces First Investor/Analyst Conference Call and Opening of Its New Corporate Website; Tuesday, June 27, 200
June 22 2006 - 9:44AM
Business Wire
King Resources, Inc. (OTC: KING), announced today that it has
scheduled its first Investor Conference Call for June 27, 2006 at
2:00 pm eastern time. The call will be accessible live, both by
telephone and webcast. In addition to meeting management, current
and future plans and projects will be introduced and discussed.
Management will make a formal presentation which will then be
followed by a Question and Answer period. A Slide Show augmenting
the presentation will be available for download by participants on
the afternoon of the call from the Company's website. Investors
wanting to ask questions must use the telephone access provided
below. King strongly encourages any interested investor or analyst
to visit its new website which contains significant current
information about the Company including current projects, assets
and detailed bios of its exceptional Oil & Gas Management team.
The call is being webcast by Genesys Conferencing and can be
accessed at King's new web site at http://www.kingresources.net .
Participants may also join the conference call by dialing toll free
(866) 814-8478 or (703) 639-1371 and using the passcode of 927548.
A replay of the conference call will be available beginning two
hours after the completion of the call on the Company's website.
For those interested in hearing the live WebCast of the Call,
please log into the Company's website before the start of the call
and click on the Conference Call link. A short registration is
required, so please be sure to check in early. About King Resources
King resources is a development stage Oil and Gas Exploration and
Production Company with a bias toward high risk, high reward
"wildcatting". It's three senior members of Management have over
130 years Oil and Gas experience. These three members have each
held senior Management positions including CEO positions in one
NYSE Company, one AMEX Company, CFO positions in two NYSE and One
NASDAQ and Exploration & Production Management in two NYSE
companies. Existing major assets owned include: 170,000 linear
miles of 2D Seismic along with over 1,000 old well data packages in
Texas, Louisiana, and Mississippi. A 100% working interest in
approximately 2,700 acres in the Fayette Field, Jefferson County,
Mississippi; A Joint Venture agreement under which it acquired a
50% interest with Carpathian Energy Companie Petroliera, SRL, in
the Calinesti Field Southwest of Bucharest, Romania which
encompasses approximately 189,000 acres; and, a 50% working
interest in 10,000 acres Offshore Gulf of Mexico, Vermillion Blocks
112 and 113 approximately 30 miles off the coast of Louisiana.
King's team has extensive offshore exploration experience in
drilling, designing production platforms and production. King's
team has evaluated and developed projects in the Gulf of Mexico,
the North Sea, offshore Nigeria, and other areas. Safe Harbor
Statement under the Private Securities Litigation Reform Act of
1995: Except for historical information, the forward-looking
matters discussed in this news release are subject to certain risks
and uncertainties in the Oil and Gas industry which could cause the
Company's actual results and financial condition to differ
materially from those anticipated by the forward-looking statements
including, but not limited to, the Company's liquidity and the
ability to obtain financing, the timing of regulatory approvals,
uncertainties related to corporate partners or third-parties,
competition, and the early stage of exploration and development, as
well as other risks indicated from time to time in the Company's
filings with the Securities and Exchange Commission. The Company
assumes no obligation to update or supplement forward-looking
statements that become untrue because of subsequent events. King
Resources can be contacted by calling Foster Hagen of Investor
Relations at 512-334-6500, or Investor Relations at
investorrelations@kingresources.net, or www.kingresources.net
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