BPI Energy to Present at IPAA Oil & Gas Investment Symposium
20 Abril 2007 - 8:02AM
Business Wire
BPI Energy Holdings, Inc. (Amex:BPG), an independent energy company
producing and drilling for coalbed methane (CBM) in the Illinois
Basin, today announced that management will make a presentation at
the IPAA Oil & Gas Investment Symposium on Wednesday April 25th
at 11:20 AM Eastern Time. The presentation will be broadcast live
over the Internet. James G. Azlein, Chief Executive Officer and
President, and James E. Craddock, Chief Operating Officer, will
make the presentation, which will highlight the company�s fiscal
2007 second-half drilling program. Listeners may access the web
cast via the Company�s web site at http://www.bpi-energy.com . For
those able to listen to the live web cast, an archived replay will
be also be available on the company�s website following the
presentation. Additional requests for one-on-one meetings in New
York should be forwarded to James Constas at
jconstas@enercominc.com Accompanying slides for the investor
presentation can be found on company�s web site. The conference
runs from April 23 through April 25, 2007, and is being held at the
Sheraton New York Hotel & Towers. About BPI Energy BPI Energy
(BPI) is an independent energy company engaged in the exploration,
production and commercial sale of coalbed methane (CBM) in the
Illinois Basin, which covers approximately 60,000 square miles in
Illinois, southwestern Indiana and northwestern Kentucky. The
company currently controls the dominant CBM acreage position in the
Illinois Basin at approximately 500,000 acres. News releases and
other information on the company are available on the Internet at:
http://www.bpi-energy.com Some of the statements contained in this
press release and related presentation may be deemed to be
forward-looking in nature, outlining future expectations or
anticipated operating results or financial conditions. Such
forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that could cause actual results or
conditions to differ materially from the information expressed or
implied by these forward-looking statements. Some of the factors
that could cause actual results or conditions to differ materially
from our expectations, include, but are not limited to: (a) our
inability to generate sufficient income or obtain sufficient
financing to fund our operations or drilling plan through July 31,
2007, (b) our inability to retain our acreage rights at our
projects, at the expiration of our lease agreements, due to
insufficient CBM production, or for other reasons; (c) our failure
to accurately forecast CBM production, (d) displacement of our CBM
operations by coal-mining operations, which have superior rights in
most of our acreage, (e) our failure to accurately forecast the
number of wells that we can drill, (f) a decline in the prices that
we receive for our CBM production, (g) our failure to accurately
forecast operating and capital expenditures and capital needs due
to rising costs or different drilling or production conditions in
the field, (h) our inability to attract or retain qualified
personnel with the requisite CBM or other experience, and (i)
unexpected economic and market conditions, in the general economy
or the market for natural gas. We caution readers not to place
undue reliance on these forward-looking statements.
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