DENVER, Jan. 17 /PRNewswire/ -- The Oilservice Conference, hosted by
EnerCom, Inc., today announced this year's stellar preliminary line-up of
presenting companies. This inaugural event, a one-day forum to be hosted at
San Francisco's Mandarin Oriental Hotel on February 20, 2003, showcases some
of the world's leading oilservice providers.
The companies span the service spectrum, including drillers, equipment
manufacturers, oilfield services, compression, reservoir description and
mission critical energy technology. This event is open at no charge to
institutional investors, retail brokers, investment bankers, research
analysts, energy industry professionals and individual investors. For more
information about the conference, call 303-296-8834, or to register online, go
Gregory B. Barnett, President of EnerCom, Inc. said: "Upstream oil & gas
fundamentals for 2003 are too good for investors to ignore. Natural gas prices
continue upward through six consecutive quarters of declining deliverability.
Analysts are forecasting a 2% growth in gas demand for 2003, with estimated
gas prices averaging $4 MMbtu - $6 MMbtu during 2003 and into 2004. This
should lead to increased activity for service companies and robust
opportunities for investors. Current oilservice costs are relatively low. Day
rates for both onshore and offshore rigs are 30% lower than they were a year
ago. Increased hydrocarbon demand is expected to ramp up North American
drilling, oilservice and construction activity. Greater activity should
result in greater cash flows and profitability for many companies in this
This year's preliminary line-up for The San Francisco Oilservice
Thursday, February 20, 2003
Core Laboratories (NYSE: CLB) -- reservoir description, production
enhancement and reservoir management
FMC Technologies -- mission critical systems and services used offshore
Key Energy Services (NYSE: KEG) -- well servicing contractor
Michael Baker Corporation (Amex: BKR) -- engineering and energy services
Newpark Resources (NYSE: NR) -- drilling fluids, mats, site access and
environmental products and services
Pioneer Drilling (Amex: PDC) -- land driller
Unit Corporation (NYSE: UNT) -- land driller and E&P company
Veritas DGC (NYSE: VTS) -- integrated geophysical services
Opening Address: Marshall Adkins, Managing Director and Head of Energy
Research of Raymond James
Luncheon Address: Thomas A. Petrie, Global Energy Markets Expert,
Co-founder of Petrie Parkman & Co.
About EnerCom, Inc.
EnerCom, Inc. is a nationally recognized leader of specialized financial
public relations consultancy, including investor relations, media relations,
graphic design, financial advertising, and business development and analysis.
Founded in 1994, EnerCom uses the team concept for its wide range of services
to emerging companies, and small to large public companies engaged in the
global energy, alternative energy, exploration and production and oilservice
industries. Headquartered in Denver, with an office in Houston, EnerCom works
successfully with its clients throughout the world increasing their
shareholder value. EnerCom also founded The Oil & Gas Conference. Held each
August in Denver, TOGC brings together over 50 publicly traded world energy
For more information, please contact:
David Charles or Kay Grover, EnerCom, Inc.
SOURCE EnerCom, Inc.
/CONTACT: David Charles or Kay Grover, firstname.lastname@example.org, of
EnerCom, Inc., +1-303-296-8834/
/Web site: http://www.enercominc.com
(CLB KEG BKR NR PDC UNT VTS)
CO: EnerCom, Inc.; Core Laboratories; FMC Technologies; Key Energy Services;
Michael Baker Corporation; Newpark Resources; Pioneer Drilling; Unit
Corporation; Veritas DGC
ST: Colorado, California
IN: OIL FIN
-0- Jan/17/2003 17:21 GMT
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