LEXINGTON, Ky., Dec. 28 /PRNewswire-FirstCall/ -- NGAS Resources, Inc.
(Nasdaq: NGAS), will present at Pritchard Capital Partners Conference,
Energize 2005: New Year, New Paradigms, on Friday, January 7, 2005, at 10:15
a.m. The Conference will be held at the Omni Hotel, 500 California Street, San
Francisco, California. This second annual San Francisco conference will bring
together executive level managements from over 35 of the world's leading and
emerging energy companies.
William S. Daugherty, President and CEO, will discuss NGAS and its natural
gas opportunities in the Appalachian Basin. The discussion will include the
Company's 2005 plans and its long-term strategy.
NGAS will also host an analyst dinner in conjunction with the Conference
on Thursday, January 6, 2005. Those interested in attending the dinner should
contact Sheila Puckett at 859.263.3948 or sheila@ngas.com .
Pritchard Capital Partners, LLC is a New Orleans energy investment
research boutique. It provides independent research to institutional investors
on matters related to all segments of the energy industry: oil, natural gas
and power. Its daily product, The Energy Day, is consistently rated as one of
the top industry investment pieces by institutional investors. Their research
focuses primarily on emerging trends, proprietary intelligence and market
moving information and data that provide insight into energy companies'
operations and prospects. Pritchard has offices in New Orleans, New York and
Atlanta and a team of over 20 analysts and salespeople. The firm is a
registered broker-dealer, members of the NASD and SIPC.
NGAS Resources is a natural resources company focused on natural gas
development drilling and reserve growth. NGAS controls approximately 250,000
acres in the Appalachian Basin where it owns 154 miles of gas gathering lines
and interest in over 575 wells. Based in Lexington, Kentucky, the Company
specializes in developing its own geological prospects concentrated in the
Appalachian Basin. Additional information about the company can be accessed on
its website 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 ongoing drilling initiatives 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 NGAS Resources, Inc.
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Related links:
http://www.ngas.com
CONTACT:
Media, Teresa Barnes, +1-859-263-3948, or
cell, +1-303-521-4080, or ngas@ngas.com , or Investor Relations,
Michael P.
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