Enhanced Oil Resources Inc. announces conference call to provide operations and corporate...

Fri Jul 10, 2009 3:23pm EDT
 
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Enhanced Oil Resources Inc. announces conference call to provide operations
and corporate update

HOUSTON, July 10 /PRNewswire-FirstCall/ - Enhanced Oil Resources Inc. (TSX-V:
EOR) today announced a conference call with investors, analysts and other
interested parties scheduled for 1 p.m. ET on Wednesday July 15th, 2009 to
provide an operations and corporate update.

    Date:     Wednesday July 15th, 2009 at 1 p.m. ET

    Time:     1:00 p.m. EST
              12:00 p.m. CST
              11:00 a.m. MST
              10:00 a.m. PST

    Call:     888-205-4499 (US/Canada) and 403-269-4703 (International)

    Passcode: 81977 followed by the number sign

    Replay:   Available from Tuesday July 21st for 60 days at
              www.enhancedoilres.com

    About Enhanced Oil Resources Inc.
    ---------------------------------

    Enhanced Oil Resources Inc. is an early-stage company, with two principal
    business segments of

    (i)  Crude oil and natural gas production through enhanced oil recovery
         ("EOR") projects it is initiating in the Permian Basin on oil fields
         acquired by the Company in 2007 and 2008 for that purpose.

    (ii) Helium and CO(2) resource exploration and production through
         property interests it controls in approximately 251,000 gross acres
         of land within the St Johns Helium/CO(2) field in Arizona and New
         Mexico, and where the Company is developing what is thought to be
         the largest undeveloped helium and carbon dioxide field in North
         America.

    Forward-Looking Statement
    -------------------------


Certain statements contained herein are forward-looking statements, including
statements relating to Enhanced Oil Resources' operations; business prospects,
expansion plans and strategies. Forward-looking information typically contains
statements with words such as "intends," "anticipate," "estimate," "expect,"
"potential," "could," "plan" or similar words suggesting future outcomes.
Readers are cautioned not to place undue reliance on forward-looking
information because it is possible that expectations, predictions, forecasts,
projections and other forms of forward-looking information will not be
achieved by Enhanced Oil Resources. By its nature, forward-looking information
involves numerous assumptions, inherent risks and uncertainties. A change in
any one of these factors could cause actual events or results to differ
materially from those projected in the forward-looking information. Although
Enhanced Oil Resources believes that the expectations reflected in such
forward-looking statements are reasonable, Enhanced Oil Resources can give no
assurance that such expectations will prove to be correct. Forward-looking
statements are based on current expectations, estimates and projections that
involve a number of risks and uncertainties which could cause actual results
to differ materially from those anticipated by Enhanced Oil Resources and
described in the forward-looking statements or information. The
forward-looking statements are based on a number of assumptions which may
prove to be incorrect. Readers should be aware that the list of factors, risks
and uncertainties set forth above are not exhaustive. Readers should refer to
Enhanced Oil Resources' current filings, which are available at www.sedar.com,
for a detailed discussion of these factors, risks and uncertainties. The
forward-looking statements or information contained in this news release are
made as of the date hereof and Enhanced Oil Resources undertakes no obligation
to update publicly or revise any forward-looking statements or information,
whether as a result of new information, future events or otherwise, unless so
required by applicable laws or regulatory policies.

    ON BEHALF OF THE BOARD OF DIRECTORS

    (signed)
    Barry D Lasker, CEO

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.


SOURCE  Enhanced Oil Resources Inc.

visit our Website at www.enhancedoilres.com. or please call Don Currie on
1-888-990-3551

 

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