Greenfields Petroleum Corporation Announces Financial Results for the Year Ended December 31, 2012.
(firmenpresse) - HOUSTON, TEXAS -- (Marketwired) -- 05/03/13 -- NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
Greenfields Petroleum Corporation ("Greenfields" or the "Company") (TSX VENTURE: GNF), an independent exploration and production company with assets in Azerbaijan, announces financial results for the year ended December 31, 2012.
2012 Annual and Fourth Quarter operating highlights
Operating highlights and plans
Selected Information
The selected information below is from the Greenfields' Management Discussion & Analysis. The Company's complete financial statements as of and for the years ended December 31, 2012 and 2011, with the notes thereto and the related Management's Discussion & Analysis can be found either on Greenfields' website at or on SEDAR at . All amounts below are in thousands of US dollars unless otherwise noted.
The Financial Statements for the year ended December 31, 2011 have been adjusted to reflect an asset impairment of $8.0 million. For additional information, please see the Financial Statements and MD&A as filed on .
About Greenfields Petroleum Corporation
Greenfields is a junior oil and natural gas corporation focused on the development and production of proven oil and gas reserves principally in the Republic of Azerbaijan. The Company plans to expand its oil and gas assets through further farm-ins and acquisitions of Production Sharing Agreements from foreign governments containing previously discovered but under-developed international oil and gas fields, also known as "greenfields". More information about the Company may be obtained on the Greenfields website at .
Forward Looking Statements
The Company's press releases contain forward-looking information that involve substantial known and unknown risks and uncertainties, most of which are beyond the control of Greenfields, including, without limitation, those listed under the headings "Risk Factors" in Greenfield's Annual Information Form, its Management Information Circular and similar headings in the Company's Management's Discussion & Analysis which may be viewed on . Forward-looking information in this press release may include, but is not limited to, information concerning its future operations.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking information. Accordingly, prospective investors should not place undue reliance on these forward-looking statements. These forward-looking statements are made as of the date of this press release and, other than as required by applicable securities laws, Greenfields does not assume any obligation to update or revise them to reflect new events or circumstances.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Greenfields Petroleum Corporation
John W. Harkins
Chief Executive Officer
(832) 234-0836
Greenfields Petroleum Corporation
A. Wayne Curzadd
Chief Financial Officer
(832) 234-0835
Greenfields Petroleum Corporation
Robin Cook
CHF Senior Account Manager
(416) 868-1079 x 228
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Datum: 03.05.2013 - 22:09 Uhr
Sprache: Deutsch
News-ID 256136
Anzahl Zeichen: 0
contact information:
Town:
HOUSTON, TEXAS
Kategorie:
Oil & Gas
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