HOUSTON, TX, Nov 11 (MARKET WIRE) --
TexCom, Inc. (PINKSHEETS: TEXC), a growth company providing disposal of
non-hazardous oilfield waste, today announced that President and Chief
Executive Officer, Lou Ross, will be presenting at the PRIVATE EQUITY
2009 National Venture Summit & Emerging Growth Forum at the Yale Club in
New York City, November 18, 2009.
TexCom's presentation will outline the company's current position in the
disposal of waste generated by oil and gas production as well as growth
prospects for the coming years. The presentation will be available on
TexCom's website www.texcomresources.com on the same day.
Ross commented, "We want to bring our company's financial performance,
growth prospects and position in the industry to the attention of the
capital markets and specifically how increasing our ownership in our
disposal company, MB Environmental Services, LLC (MBES), has provided a
platform from which we can scale our presence in the Environmental
Services industry."
ABOUT TEXCOM
TexCom, Inc., headquartered in Houston, Texas, is a growth-oriented
company with current operations in disposal of Class II non-hazardous
oilfield waste (NOW). TexCom disposes of nonhazardous materials generated
by oil and gas exploration and production and is engaged in a process to
expand its interests to the disposal of Class I nonhazardous industrial
wastewater, serving the refining and petrochemical industries.
ABOUT MBES
MBES is a Class II nonhazardous oilfield waste (NOW) disposal company
providing disposal service for the oil and gas exploration industry in
East Texas and the Gulf of Mexico since 1997. www.mbenvironmental.net
Forward-Looking Statements
Statements contained herein and the information incorporated by reference
herein may be forward-looking statements within the meaning of Section 21E
of the Securities Exchange Act of 1934 (the "Exchange Act").
Forward-looking statements can be identified by the use of forward-looking
terminology such as, but not limited to, "may," "will," "expect,"
"anticipate," "estimate," "would be," "believe," or "continue" or the
negative or other variations of comparable terminology. We intend such
forward-looking statements to be covered by the safe harbor provisions
applicable to forward-looking statements contained in Section 21E of the
Exchange Act. Such statements (none of which is intended as a guarantee of
performance) are subject to certain assumptions, risks and uncertainties,
which could cause our actual future results, achievements or transactions
to differ materially from those projected or anticipated.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events, or performance and
underlying assumptions and other statements, which are other than
statements of historical facts.
These statements are subject to uncertainties and risks including, but not
limited to, product and service demands and acceptance, changes in
technology, economic conditions, the impact of competition and pricing,
and government regulation and approvals. TexCom cautions that assumptions,
expectations, projections, intentions, or beliefs about future events may,
and often do, vary from actual results and the differences can be
material. Some of the key factors which could cause actual results to
vary from those TexCom expects include changes in soybean, canola and
crude oil prices, the timing of planned capital expenditures,
availability of acquisitions, uncertainties in estimating proved reserves
and forecasting production results, operational factors affecting the
commencement or maintenance of producing wells, the condition of the
capital markets generally, as well as our ability to access them, and
uncertainties regarding environmental regulations or litigation and other
legal or regulatory developments affecting our business.
Our expectations, beliefs and projections are expressed in good faith and
are believed to have a reasonable basis, including without limitation, our
examination of historical operating trends, data contained in our records
and other data available from third parties. There can be no assurance,
however, that our expectations, beliefs or projections will result, be
achieved, or be accomplished. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the
date hereof. We undertake no duty to update these forward-looking
statements.
Contacts:
TexCom, Inc.
Management contact
Britt Brooks
EVP
713-914-9193
Email Contact
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