LEXINGTON, Ky., April 15 /PRNewswire-FirstCall/ -- Daugherty Resources,
Inc. (Nasdaq: NGAS) today announced that William S. Daugherty, President and
Chief Executive Officer of the Company, will present a company overview and
will discuss its strategy, recent results and ongoing initiatives at the
Independent Petroleum Association of America (IPAA) 2004 Oil & Gas Investment
Symposium in New York on Wednesday, April 21, 2004, at 10:00 a.m. ET.
The audio and PowerPoint portion of Mr. Daugherty's presentation can be
accessed live by logging onto http://www.vcall.com/CEPage.asp?ID=87889 . A replay of
the presentation will be available on the Company's website, http://www.ngas.com ,
for 14 days.
Daugherty Resources is a natural resources company focused on natural gas
development drilling and reserve growth. Based in Lexington, Kentucky, the
company specializes in developing its own geological prospects concentrated in
the Appalachian Basin. Additional information about the Company is available
at http://www.ngas.com .
This release includes forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act relating to matters such as
anticipated operating and financial performance and prospects. Actual
performance and prospects may differ materially from anticipated results due
to economic conditions and other risks, uncertainties and circumstances partly
or totally outside the control of the company, including risks of production
variances from expectations, volatility of product prices, the level of
capital expenditures required to fund drilling and the ability of the company
to implement its business strategy. These and other risks are described in
the company's periodic reports filed with the United States Securities and
Exchange Commission.
SOURCE Daugherty Resources, Inc.
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Related links: http://www.vcall.com/CEPage.asp?ID=87889 http://www.ngas.com
CONTACT: Media, Teresa Barnes, +1-859-263-3948, or cell, +1-303-521-4080, or Investors, Michael P. Windisch, +1-859-263-3948, or fax, +1-859-263-4228, both of Daugherty Resources, Inc., ngas@ngas.com
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