King Resources to Hold First Investor/Analyst Conference Call Today, June 27, 2006 at 2:00 pm Eastern Time
June 27 2006 - 1:43PM
Business Wire
King Resources, Inc. (OTC: KING), today is conducting its first
Investor Conference Call 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". Its 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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