Business
Compton Petroleum Corporation News Release
CALGARY, Jan. 29 /CNW/ - Compton Petroleum Corporation (TSX - CMT, NYSE - CMZ) has received a let...
About this update from Cullinan Metals Corp
[{"type":"text","content":"\n\n\n\nCALGARY, Jan. 29 /CNW/ - Compton Petroleum Corporation (TSX - CMT, NYSE -\nCMZ) has received a letter dated January 29, 2008 from Centennial Energy\nPartners, L.L.C. which formed the basis for a regulatory filing by Centennial\ntoday in the United States.\n\n\nThe Board of Directors of Compton is considering the letter and filing\nand will respond as appropriate.\n\n\nAt this time, and until the Board completes its review, the Company's\nposition is as stated in its 2008 Business Plan issued on January 23, 2008.\n\n\nForward-Looking Statements\n\n\n--------------------------\n\n\nCertain information regarding the Company contained herein constitutes\nforward-looking information and statements and financial outlooks\n(collectively, "forward looking statements") under the meaning of applicable\nsecurities laws, including Canadian Securities Administrators' National\nInstrument 51-102 Continuous Disclosure Obligations and the United States\nPrivate Securities Litigation Reform Act of 1995. Forward-looking statements\ninclude estimates, plans, expectations, opinions, forecasts, projections,\nguidance, or other statements that are not statements of fact, including\nstatements regarding (i) cash flow and capital and operating expenditures,\n(ii) exploration, drilling, completion, and production matters, (iii) results\nof operations, (iv) financial position, and (iv) other risks and uncertainties\ndescribed from time to time in the reports and filings made by Compton with\nsecurities regulatory authorities. Although Compton believes that the\nassumptions underlying, and expectations reflected in, such forward-looking\nstatements are reasonable, it can give no assurance that such assumptions and\nexpectations will prove to have been correct. There are many factors that\ncould cause forward-looking statements not to be correct, including risks and\nuncertainties inherent in the Company's business. These risks include, but are\nnot limited to: crude oil and natural gas price volatility, exchange rate\nfluctuations, availability of services and supplies, operating hazards, access\ndifficulties and mechanical failures, weather related issues, uncertainties in\nthe estimates of reserves and in projection of future rates of production and\ntiming of development expenditures, general economic conditions, and the\nactions or i...