LEXINGTON, Ky., Oct. 8, 2010 (GLOBE NEWSWIRE) -- NGAS Resources, Inc. (Nasdaq:NGAS) today announced that William S. Daugherty, President and CEO, will present at the Independent Petroleum Association of America's Annual Oil and Gas Investment Symposium (OGIS) West being held Tuesday, October 12, 2010 through Thursday, October 14, 2010 at the Palace Hotel in San Francisco, California.
Mr. Daugherty will be presenting at the OGIS on Wednesday, October 13, 2010 at 2:30 p.m. Pacific Time (5:30 p.m. Eastern). During his presentation, Mr. Daugherty plans to discuss NGAS and its natural gas opportunities in the Appalachian and Illinois Basins, as well as provide a general business update.
Mr. Daugherty's presentation will be webcast and can be accessed, together with the accompanying slides, from the company's website at . Additional conference information can be found at .
About NGAS Resources
NGAS Resources is an independent exploration and production company focused on unconventional natural gas plays in the eastern United States, principally in the southern Appalachian Basin. Core assets include over 360,000 acres with interests in approximately 1,400 wells and an extensive inventory of horizontal drilling locations. NGAS also operates the gas gathering facilities for its core Appalachian properties, providing deliverability directly from the wellhead to the interstate pipeline.
The NGAS Resources, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7617
A number of statements made during the company's presentation, other than statements of historical fact, may be forward-looking within the meaning of Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in those statements due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the company, including risks of production variances from expectations, volatility of product prices, the availability of capital to fund drilling and the ability of the company to implement its business strategy. These and other risk factors are described in the company's annual report on Form 10-K for 2009 which is available on the company's website. The company will not necessarily update any of the forward-looking statements except as required by law.
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CONTACT: NGAS Resources, Inc. Michael P. Windisch, CFO (859) 263-3948 Fax: (859) 263-4228 ngas@ngas.com