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Gasco
to Present at Seventh Oil & Gas Conference
DENVER,
July 29 /PRNewswire-FirstCall/ -- Gasco Energy, Inc.
(OTC Bulletin Board: GASE - News) -- is pleased to announce
that it will be presenting at the Seventh Oil &
Gas Conference being held August 5th through 8th, 2002
in Denver. This prestigious event is open to institutional
and private investors, investment bankers, and oil and
gas industry executives who are involved in the global
energy market. The Oil & Gas Conference showcases
60 of the world's leading deep-gas drillers, exploration
and production operators, oil service and power-generation
companies.
Gasco Energy President and CEO, Mark Erickson and Mike
Decker, COO, will conduct a presentation on Gasco and
its natural gas interests in the Uinta Basin and Green
River Basin of the Rocky Mountains. The presentation,
scheduled for 10:40 AM on Monday, August 5th, will showcase
the Company's significant holdings in these gas-prolific
basins. Investors may also view Gasco's presentation
slides at www.gascoenergy.com beginning on Monday, August
5, after management's presentation. You can also log
on to the Conference site, www.theoilandgasconference.com
, for access to the presentation.
Company Dinner -- Filet and Repartee
The Company will also host a dinner at Ruth's Chris
Steak House on Wednesday, August 7th. Analysts and investors
interested in attending the dinner are encouraged to
phone Suzie Wright at Gasco to reserve a place at our
table. Expect vibrant conversation liberally interspersed
with witty repartee and insightful, authoritative commentary
on all worldly topics. Additionally, the Wall Street
Transcript is creating a special issue of their publication
focused on the Conference and its participants. Gasco
will have a featured interview in the publication.
The conference, hosted by EnerCom, Inc., American Stock
Exchange, Netherland, Sewell & Associates, Inc.,
Oil and Gas Investor magazine, Credit Lyonnais Securities
(USA) Inc. and KPMG LLP is expected to draw over 500
attendees from institutions, investment banks, commercial
banks and the energy industry. The conference affords
executives the opportunity to participate in multi-level
discussions covering a variety of timely topics on the
global energy landscape. Conference attendees are offered
a unique opportunity to hear and meet the management
teams from the best the energy sector has to offer.
For more information about the conference or Gasco's
scheduled presentation, call 303-296-8834, or go to
www.theoilandgasconference.com .
About Gasco Energy
Gasco Energy, Inc. is a Denver based natural gas and
oil exploitation and development company that focuses
on the natural-gas-rich prospects in the Rocky Mountain
area of the United States. The Company currently is
active in the Uinta Basin Utah and in the Greater Green
River Basin of Wyoming. To learn more, visit www.gascoenergy.com
. The Company's Conference presentation, along with
the Wall Street Transcript interview will be available
on the Gasco website August 5th.
Forward-looking statements
Certain statements set forth in this press release relate
to management's future plans, objectives and expectations.
Such statements are forward-looking within the meanings
of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934,
as amended. All statements other than statements of
historical facts included in this press release, including,
without limitation, statements regarding the Company's
future financial position, potential resources, business
strategy, budgets, projected costs and plans and objectives
of management for future operations, are forward-looking
statements. In addition, forward-looking statements
generally can be identified by the use of forward-looking
terminology such as "may," "will,"
"expect," "intend," "project,"
"estimate," "anticipate," "believe,"
or "continue" or the negative thereof or similar
terminology. Although any forward-looking statements
contained in this press release are to the knowledge
or in the judgment of the officers and directors of
the Company, believed to be reasonable, there can be
no assurances that any of these expectations will prove
correct or that any of the actions that are planned
will be taken. Forward-looking statements involve known
and unknown risks and uncertainties that may cause the
Company's actual performance and financial results in
future periods to differ materially from any projection,
estimate or forecasted result. Some of the key factors
that may cause actual results to vary from those the
Company expects include inherent uncertainties in interpreting
engineering and reserve or production data; operating
hazards; delays or cancellations of drilling operations
because of weather and other natural and economic forces;
fluctuations in oil and natural gas prices in response
to changes in supply; competition from other companies
with greater resources; environmental and other government
regulations; defects in title to properties; increases
in the Company's cost of borrowing or inability or unavailability
of capital resources to fund capital expenditures; and
other risks described under "Risk Factors"
in Part I, Item 1 of the Company's latest Annual Report
on Form 10-K filed with the Securities and Exchange
Commission.
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