DENVER, May 17, 2012 (GLOBE NEWSWIRE) -- Recovery Energy, Inc. (Nasdaq:RECV), an independent oil and gas exploration and production company with operations and assets in the Denver-Julesburg (DJ) Basin, will present at the Tight Oil Niobrara Congress 2012 in Denver on Thursday, May 24, at 11:00 a.m. MT. Michael A. (Mick) Domenick, Recovery Energy's Senior Geologist, will deliver the presentation, entitled "Understanding the Geologic Variability of the Niobrara to Maximize Production Rates in the Denver-Julesburg Basin and Beyond."
The emphasis of Mr. Domenick's presentation will be a discussion of geologic variability in the Niobrara, and how this variability might dictate a range of drilling and completion approaches for different sub-play areas. The presentation will be available at the Investors' section of the company's website on May 24: www.recoveryenergyco.com .
The one-day Tight Oil Niobrara Congress 2012, held at the Grand Hyatt Denver, presents detailed case studies on how operators are tackling the unique geological challenges of the DJ Basin's Niobrara formation. The event is billed as the first operator-led initiative dedicated solely to unlocking the full commercial potential of the Niobrara play, and is part of American Business Conferences' Tight Oil Series. For more information, see: www.tight-oil-niobrara-congress.com .
About Recovery Energy, Inc.
Recovery Energy, Inc. (RECV) is a Denver-based independent oil and gas exploration and production company focused on the Denver-Julesburg (DJ) Basin where it holds approximately 140,000 gross, 125,000 net acres. Recovery Energy's focus is to grow reserves and production through a combination of acquisitions and conventional and unconventional drilling activity, targeting the various hydrocarbon bearing formations that produce in the Denver-Julesburg Basin.
The Recovery Energy logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12588
This press release may include "forward-looking statements" as defined by the Securities and Exchange Commission (the "SEC"), including statements, without limitation, regarding the Company's expectations, beliefs, intentions or strategies regarding the future. Such forward-looking statements relate to, among other things the Company's: (1) proposed exploration and drilling operations, (2) expected production and revenue, and (3) estimates regarding the reserve potential of its properties. These statements are qualified by important factors that could cause the Company's actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) the Company's ability to finance its the continued exploration and drilling operations, (2) positive confirmation of the reserves, production and operating expenses associated with the Company's properties; and (3) the general risks associated with oil and gas exploration and development, including those risks and factors described from time to time in the Company's reports and registration statements filed with the SEC.