Parallel Petroleum Announces 1Q 2007 Earnings & Operations Conference Call & Webcast
Parallel Petroleum Corporation will host a conference call to discuss the Company’s financial and operational results for the first quarter ended March 31, 2007, on Thursday, May 10, 2007, at 2:00 p.m. Eastern time (1:00 p.m. Central time).
This call will be webcast by Thomson/CCBN and will be accessible at Parallel’s web site at www.plll.com.
The webcast will also be distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.earnings.com, Thomson/CCBN’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson’s password-protected event management site, StreetEvents (www.streetevents.com).
Call Participation Dial-in Number
To participate in the conference call, dial 800-561-2813 or 617-614-3529, Participant Passcode 52663711, at least five minutes before the scheduled start time.
Call Replay Information
A replay of the conference call will be available at the Company’s web site or by calling 888-286-8010 or 617-801-6888, Passcode 94104380.
Related Press Releases
Parallel’s related earnings announcement for the first quarter ended March 31, 2007, and an operations update announcement are expected to be released on or before May 10, 2007.
The Company
Parallel Petroleum is an independent energy company headquartered in Midland, Texas, engaged in the acquisition, exploration, development and production of oil and gas using 3-D seismic technology and advanced drilling, completion and recovery techniques. Parallel’s primary areas of operation are the Permian Basin of West Texas and New Mexico, North Texas Barnett Shale, Onshore Gulf Coast of South Texas, East Texas and Utah/Colorado. Additional information on Parallel Petroleum Corporation is available at http://www.plll.com.
Contact:
Parallel Petroleum Corporation Investor relations contact: Cindy Thomason, 432-684-3727
cindyt@plll.com
Source: Parallel Petroleum Corporation
