Shoreline Energy Corp. to Present at the IPAA Oil & Gas Investment Symposium New York on April 18th at 4:30pm ET
CALGARY, ALBERTA, Apr 10, 2012 (Menafn - Marketwire via COMTEX) --Shoreline Energy Corp. ("Shoreline" or the "Company") today announced that it will present at and attend one-on-one meetings with investors at the IPAA Oil and Gas Investor Symposia (OGIS(R)) to be held at Sheraton New York Hotel & Towers, New York, NY from April 16-18, 2012.
Trevor Folk, CEO of Shoreline will present on Wednesday, April 18th at 4:30pm ET. A breakout session with investors will immediately follow. Registration is mandatory. Please visit the IPAA website at www.ipaa.org or contact Jennifer Upchurch 202-857-4734 for more information. Presentation materials will be available on the Company's website upon conclusion of the conference presentation.
Members of Shoreline's senior executive team will also be hosting one-on-one meetings throughout the New York area on April 19th through 20th. To schedule a one-on-one meeting, please contact Derek Gradwell at dgradwell@mzgroup.us.
About OGIS(R) New York
The IPAA Oil & Gas Investment Symposium New York (OGIS New York) has become the premier outlet for publicly traded independent exploration and production, service and supply and MLP companies to present their company profiles to the investment community. Last year's OGIS New York attracted over 1,300 attendees, including more than 700 buy/sell-side analysts.
Investor Information
Currently, Shoreline has 5,640,882 common shares, 5,909,549 common share purchase warrants and 383,100 options outstanding.
Shoreline is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas. The Corporation's common shares are currently listed on the TSX under the trading symbol "SEQ." Additional information regarding Shoreline is available under the Corporation's profile at www.sedar.com or at the Corporation's website, www.shorelineenergy.ca.
Forward Looking and Cautionary Statements
This news release contains forward-looking statements relating to the Corporation's plans and other aspects of the Corporation's anticipated future operations, strategies, financial and operating results and business opportunities. These forward-looking statements may include opinions, assumptions, estimates, management's assessment of value, reserves, future plans and operations.
Forward-looking statements typically use words such as "will," "anticipate," "believe," "estimate," "expect," "intend," "may," "project," "should," "plan," and similar expressions suggesting future outcomes, and include statements that actions, events or conditions "may," "would," "could," or "will" be taken or occur in the future. The forward-looking statements are based on various assumptions including expectations regarding the success of current or future drill wells; the outlook for petroleum and natural gas prices; estimated amounts and timing of capital expenditures; estimates of future production; assumptions concerning the timing of regulatory approvals; the state of the economy and the exploration and production business; results of operations; business prospects and opportunities; future exchange and interest rates; the Corporation's ability to obtain equipment in a timely manner to carry out development activities; and the ability of the Corporation to access capital and credit. While the Corporation considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. All dollar figures shown are unaudited and are estimates only.
Forward-looking statements are subject to a wide range of assumptions, known and unknown risks and uncertainties and other factors that contribute to the possibility that the predicted outcome will not occur, including, without limitation: risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation; loss of markets; volatility of commodities prices; currency fluctuations; imprecision of reserves estimates; environmental risks; competition from other producers; inability to retain drilling rigs and other services; incorrect assessment of the value of acquisitions; failure to realize the anticipated benefits of acquisitions; general economic conditions; delays resulting from or inability to obtain required regulatory approvals and to satisfy various closing conditions; and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.
Although Shoreline believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements and you should not rely unduly on forward-looking statements. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by applicable law, Shoreline does not undertake any obligation to publicly update or revise any forward-looking statements.
Note Regarding BOEs
The term barrel of oil equivalent ("BOE") may be misleading, particularly if used in isolation. A conversion ratio for gas of 6 MCF : 1 BOE is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
SOURCE: Shoreline Energy Corp.
Shoreline Energy Corp.
Mr. Trevor Folk
Chief Executive Officer
tfolk@shorelineenergy.ca
Shoreline Energy Corp.
Calgary Office
c/o Suite 400, 209-8th Ave SW
Calgary, Alberta, T2P 1B8
(403)767.9066
Shoreline Energy Corp.
Toronto Office
Suite 103, 145 King Street West
Toronto, Ontario, M5H 1J8
www.shorelineenergy.ca
MZ North America
Derek Gradwell, Senior Vice President
Natural Resources
1-949-259-4995
dgradwell@mzgroup.us
www.mzgroup.us
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