GeoMet Announces Record Date for Special Meeting in Connection With Asset Sale
HOUSTON, TX -- (Marketwired) -- 03/25/14 -- GeoMet, Inc. (OTCQB:
GMET) (NASDAQ: GMETP) (the "Company") announced today that it has
established the close of business on March 26, 2014 as the record
date (the "Record Date") for its special meeting of stockholders to
consider and vote on the Company's sale of substantially all of its
assets to ARP Mountaineer Production, LLC, a wholly-owned subsidiary
of Atlas Resource Partners, L.P., a Delaware limited partnership (the
"Asset Sale"), pursuant to the previously announced Asset Purchase
Agreement dated February 13, 2014.
Only stockholders of record on the Record Date will be entitled to
notice of, and to vote at, the special meeting. The Company expects
to hold the special meeting on May 5, 2014 at 10:00 a.m., Houston
time, in the San Jacinto Room at 2 Houston Center, located at 909
Fannin St., Level P2, Houston, Texas 77010.
This communication is neither a solicitation of a proxy nor an offer
to purchase nor a solicitation of an offer to sell any securities.
This communication is also not a substitute for any proxy statement
or other filings that may be made with the Securities Exchange
Commission (the "SEC") with respect to the Asset Sale. Approval of
the Asset Sale will be submitted to the Company's stockholders for
their consideration, and the Company will file a definitive proxy
statement to be used to solicit stockholder approval of the
transaction with the SEC. The Company's stockholders are urged to
read the definitive proxy statement regarding the transaction when it
becomes available and any other relevant documents filed with the
SEC, as well as any amendments or supplements to those documents,
because they will contain important information. A free copy of the
definitive proxy statement, as well as other filings with the SEC
containing information about the Company and the transaction may be
obtained, when available, at the SEC's website at www.sec.gov. Copies
of the definitive proxy statement may also be obtained, when
available, without charge, by directing a request to GeoMet, Inc.,
Investor Relations, 909 Fannin St., Suite 1850, Houston, Texas 77010
or at the Company's Investor Relations page on its corporate website
at www.geometinc.com. The Company, its directors and executive
officers may be deemed to be participants in the solicitation of
proxies from the Company's stockholders in connection with the
approval of the transaction.
About GeoMet, Inc.
GeoMet, Inc. is an independent energy company
primarily engaged in the development and production of natural gas
from coal seams ("coalbed methane"). Our operations and producing
properties are located in Virginia and West Virginia. We also control
non-producing coalbed methane rights, principally in Virginia, and
For more information please contact
Stephen M. Smith
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