Syntroleum Schedules Third Quarter Earnings Conference Call
19 October 2000
Syntroleum Schedules Third Quarter Earnings Conference Call
TULSA, Okla., Oct. 19 Syntroleum Corporation
announced today that the company's third quarter conference
call will take place on Tuesday, October 24, 2000 at 4:00 PM EDT.
On the call, Syntroleum's Kenneth Agee, chairman and chief executive
officer, Mark Agee, president and chief operating officer, and Randall
Thompson, vice president and chief financial officer will review Syntroleum's
financial results for the third quarter ended September 30, 2000 and provide
an update on the company's business during the period.
Those interested in listening to the call may dial 800-406-5356 and enter
pass code #549867. A replay of the teleconference will be available from 5 PM
CDT on Tuesday, October 24 through Thursday, October 26. The replay can be
accessed by dialing (888) 203-1112 and entering pass code #549867.
Syntroleum Corporation is the developer of a proprietary process for
converting natural gas into synthetic liquid hydrocarbons. The process is
designed for application in plant sizes ranging from 2,000 barrels per day to
more than 100,000 barrels per day. The company, in partnership with others,
plans to build specialty chemical plants using its technology in a number of
global locations. In addition, Syntroleum licenses its process to oil
companies for the manufacture of fuels. Current licensees include ARCO (now
BP), Enron, Ivanhoe Energy, Kerr-McGee, Marathon, Repsol-YPF, Texaco and the
Commonwealth of Australia.
This document includes forward-looking statements as well as historical
information. Forward-looking statements include, but are not limited to,
statements relating to the testing, certification, characteristics and use of
synthetic fuels and alternative fuels, the Syntroleum Process and related
technologies and products, GTL plants based on the Syntroleum Process
(including the development of planned plants), the economic use of such plants
and the continued development of the Syntroleum Process. When used in this
document, the words "anticipate," "believe," "estimate," "expect," "intent,"
"may," "project," "plan" "should," and similar expressions are intended to be
among the statements that identify forward-looking statements. Although
Syntroleum believes that its expectations reflected in these forward-looking
statements are reasonable, such statements involve risks and uncertainties and
no assurance can be given that actual results will be consistent with these
forward-looking statements. Important factors that could cause actual results
to differ from these forward-looking statements include the potential that
commercial-scale GTL plants will not achieve the same results as those
demonstrated on a laboratory or pilot basis or that such plants will
experience technological and mechanical problems, the potential that
improvements to the Syntroleum Process currently under development may not be
successful, the impact on plant economics of operating conditions (including
energy prices), construction risks, risks associated with investments and
operations in foreign countries, the ability to implement corporate
strategies, competition, intellectual property risks, Syntroleum's ability to
obtain financing and other risks described in the company's filings with the
Securities and Exchange Commission.
"Syntroleum" is registered as a trademark and service mark in the U.S.
Patent and Trademark Office.