HOUSTON, July 15, 2004 (PRIMEZONE) -- Transmeridian Exploration, Inc. (OTCBB:TMXN) will hold a conference call at 10:30 a.m. CST on Monday, July 19, 2004. The phone number for the conference call is (800) 615-0825. Callers outside the United States and Canada can access the call by dialing (706) 643-3612. A recording of the call will be available for seven days by dialing (800) 642-1687. The conference code is "8816472".
Lorrie T. Olivier, Chairman and CEO of Transmeridian, will lead the call and will review current activities in the Company's development of the South Alibek Field in Kazakhstan.
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 and it is currently pursuing additional projects in Azerbaijan.
For more information please contact the following:
Transmeridian Exploration, Inc. or ROI Investor Relations, LLC 397 N. Sam Houston Pkwy E. 39 Broadway Suite 300 Suite 2410 New York, NY 10006 Houston, TX 77060 Lorrie T. Olivier, CEO Robert Giordano Tel: (281) 999-9091 Tel: (212) 495-0200 x15 Fax: (281) 999-9094 Fax: (212) 495-0746
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 21E 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 contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in 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", "probable reserves", "possible oil resources", "ultimate potential", "resources" and "recoverable reserves" include quantities of oil that are not yet classified as proved and which SEC guidelines do not allow us to include in filings with the SEC.