CALGARY, Alberta and DENVER, June 8 /CNW/ -- Storm Cat
Energy Corporation (Amex: SCU; TSX.V: SME) today announced that it will be a
presenting company at The CAPP 2006 Oil & Gas Investment Symposium to be held
June 12 through 14, 2006 in Calgary, Alberta Canada at the Hyatt Regency
Calgary. Storm Cat's President and CEO, J. Scott Zimmerman, is scheduled to
present on Monday, June 12, 2006 at 11:50 A.M. MDT
(1:50 P.M. EDT, 12:50 P.M. CDT, and 10:50 A.M. PDT). Interested parties can
view and listen to Storm Cat's presentation by clicking on Storm Cat's
website, www.stormcatenergy.com prior to the presentation.
Mr. Zimmerman will update investors on the Company's coal bed methane
development program in its Elk Valley CBM play in southeastern British
Columbia, the Moose Mountain shallow gas play in Saskatchewan and recently
acquired Mannville CBM plays in Alberta. In addition, he will discuss the
advanced drilling and completion technologies used by Storm Cat in its
operating regions; Storm Cat's technical team has developed and refined a
multi-seam completion technology that is designed to increase a well's daily
productive capacity and ultimate reserve potential, while reducing costs per
well. Storm Cat believes that these technologies will deliver superior
returns on invested capital over its industry competitors.
About Storm Cat Energy
Storm Cat Energy is an independent oil and gas company focused on the
pursuit, exploration and development of large unconventional gas reserves from
fractured shales, coal beds and tight sand formations. The Company has
producing properties in Wyoming's Powder River Basin, exploration and
development acreage in Canada and Alaska, and high-risk, high-reward
exploration acreage in Mongolia. The Company's shares trade on the American
Stock Exchange under the symbol "SCU" and in Canada on the TSX Venture
Exchange under the symbol "SME."
By Order of the Board of Directors
Storm Cat Energy Corporation
J. Scott Zimmerman
President and Chief Executive Officer
/s/ J. Scott Zimmerman
Forward-looking Statements
This news release contains certain "forward-looking statements", as
defined in the United States Private Securities Litigation Reform Act of 1995
relating to matters such as the Company's drilling and other exploration
plans, and projected well economics. Forward-looking statements are
statements that are not historical facts; they are generally, but not always,
identified by the words "expects," "plans," "anticipates," "believes,"
"intends," "estimates," "projects," "aims," "potential," "goal," "objective,"
"prospective," and similar expressions, or that events or conditions "will,"
"would," "may," "can," "could" or "should" occur. Forward-looking statements
are based on the beliefs, estimates and opinions of Storm Cat's management on
the date the statements are made; they involve a number of risks and
uncertainties. Consequently, there can be no assurances that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Storm Cat undertakes no
obligation to update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change. Factors that could
cause future results to differ materially from those anticipated in these
forward-looking statements include, but are not limited to the volatility of
natural gas prices, the possibility that exploration efforts will not yield
economically recoverable quantities of gas, accidents and other risks
associated with gas exploration and development operations, the risk that the
Company will encounter unanticipated geological factors, the Company's need
for and availability of additional financing, the possibility that the Company
may not be able to secure permitting and other governmental clearances
necessary to carry out the Company's exploration and development plans, and
the other risk factors discussed in greater detail in the Company's various
filings on SEDAR with Canadian securities regulators and its filings with the
U.S. Securities and Exchange Commission, including the Company's Form 20-F
dated July 1, 2005.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
