HOUSTON, April 16, 2004 (PRIMEZONE) -- Transmeridian Exploration, Inc. (OTCBB:TMXN) will host two breakfast meetings at the Independent Petroleum Association of America (IPAA) Oil and Gas Investment Symposium.
IPAA Oil and Gas Investment Symposium
Lorrie T. Olivier, Chairman and Chief Executive Officer, and Randall D. Keys, Chief Financial Officer of Transmeridian Exploration will host breakfast table meetings on Tuesday, April 20th and Wednesday, April 21st at The Oil and Gas Investment Symposium hosted by IPAA. The conference will be held at the Sheraton New York Hotel & Towers located at 811 6th Avenue at 52nd Street. Breakfast meetings begin at 8:00 AM both mornings.
TMXN will also host an investor dinner on Tuesday night, April 20th in New York City and will be conducting a variety of investor presentations during the week in New York, Hartford and Boston.
The Oil and Gas Investment Symposium is one of the premier conferences for publicly traded independent exploration & development companies. The IPAA expects over 1,000 people to attend the three day event including over 500 buy and sell side analysts and portfolio managers.
About Transmeridian Exploration, Inc.
Transmeridian Exploration, Inc. (TMXN) is an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union. TMXN primarily targets medium-sized fields with proved or probable reserves and significant upside reserve potential. Its first major project is the South Alibek Field in Kazakhstan.
For more information please contact the following:
Robert Giordano ROI Group Associates, Inc. 39 Broadway, Suite 2410 New York, NY 10006 Tel: (212) 495-0200 x10 Fax: (212) 495-0746 E-mail: rgiordano@roiny.com
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21 E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created therein. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including but not limited to those discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2003. Although Transmeridian Exploration, Inc. believes the assumptions underlying the forward-looking statements included herein, the inclusion herein should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. TMEI discloses proved reserves that comply with the Securities and Exchange Commission's (SEC) definitions. Note that the Company's use of terms such as "probable oil resources", "possible oil resources", "ultimate potential", "resources" and "recoverable reserves" include quantities of oil that are not yet classified as proved and which the SEC guidelines do not allow us to include in filings with the SEC.