NuLoch Resources, Inc (TSX VENTURE: NLR.A) (TSX VENTURE: NLR.B)
(PINK SHEETS: NULCF), announced today that it will hold a series of
corporate presentations during its investor road show organized by
Alan Stone & Company LLC (ASC) over the next two days in New
York City. The company will participate in an Independent Petroleum
Association of America's Oil & Gas Investment Symposium held at
the Sheraton Hotel & Towers on 811 Seventh Avenue at 53rd
Street. The company's presentation will take place on Wednesday,
April 14th at 12:05PM in the Empire Room. The company will also
hold one-on-one meetings on institutional and broker level.
R. Glenn Dawson, President & CEO of NuLoch Resources,
stated: "We are looking forward to sharing our recent
accomplishments, aggressive drilling plans and production outlook
with investors. The NYC road show is an important step towards our
goal of expanding NuLoch's visibility, broadening its shareholder
base and improving shareholder value."
Alan Stone, the Managing Director of Alan Stone & Company
LLC, added: "Based on the company's strategic land position in the
Bakken/Sanish area of the Williston Basin, its recent successful
drilling activity and production growth potential, we expect a
tremendous reception among the energy sector investors at the
prolific industry event and in private meetings."
Portfolio managers, investment bankers, brokers, analysts and
other members of the investment community in New York are requested
to contact Alan Stone & Company LLC representatives, Stephen
Pollack at 212-949-1476 or Alan Stone at 561-357-3094, for
scheduling details.
NuLoch Resources is applying for a listing of its Class A common
shares on OTCQX under the symbol NULCF. WallStreet Research™, an
affiliate of ASC, has recently completed a new analyst report
initiating coverage on the company with a speculative buy
recommendation. The full report is available free of charge at
www.WallStreetResearch.org.
About NuLoch Resources, Inc.
NuLoch Resources, Inc., founded in 2005 and headquartered in
Calgary, Alberta is a rapidly growing oil and gas company engaged
in petroleum and natural gas exploration, development and
production within Canada and the United States. Currently NuLoch is
producing at a rate of 1,000 boe/d. The company is focused on
actively expanding and developing its strategic properties in North
Dakota and Saskatchewan containing the widely recognized Bakken
Shale and the Three Forks Sanish formations of the mid-continental
Williston Basin. Considered one of the best oil plays in the U.S.,
the Bakken formation is the largest continuous oil formation ever
assessed by the United States Geological Survey, estimated to hold
up to 4.3 billion barrels of technically recoverable oil. Following
a series of land and production acquisitions in the past two years,
NuLoch currently has a total of approximately 65,000 undeveloped
net acres prospective for high-quality light and medium Bakken and
Sanish oil, consisting of largely contiguous properties at
Tableland in southeast Saskatchewan, and Burke and Divide Counties
in North Dakota. During 2010, the company plans to drill 8 wells in
Tableland and 24 wells in North Dakota. In addition, the company
has oil and gas properties in southern and central Alberta as well
as the Balsam project with two oil wells in the Peace River Arch
area. For more information on NuLoch Resources, please visit
www.NuLoch.ca.
About Alan Stone & Company LLC:
Alan Stone & Company LLC (ASC) is one of the leading
nationwide investor consulting firms with offices in New York City,
Los Angeles, and Palm Beach, FL. With a very strong team of senior
level associates, ASC has an impressive track record of enhancing
shareholder value and attracting investment capital for its
publicly traded small-cap clients. ASC's Managing Director, Alan
Stone, was formerly a securities analyst and assistant portfolio
manager at Merrill Lynch Asset Management and an investment analyst
at Prudential Insurance Company's Capital Markets Group. Mr. Stone
was also an investment banker and portfolio manager with Ladenburg,
Thalmann & Co. prior to founding ASC. For more information on
ASC, please visit www.AlanStone.com.
About WallStreet Research™
WallStreet Research™ (WSR) is a prominent research boutique led
by Alan Stone, Managing Director of Alan Stone & Company, LLC
(ASC). The firm specializes in the microcap and smallcap investment
arena, looking for emerging growth companies with strong
management, unique or proprietary technology, significant market
potential, financial strength, and outstanding long-term earnings
growth possibilities. For more information on WSR, please visit
www.WallStreetResearch.org.
Forward-Looking Statements
Certain statements in this document or incorporated herein by
reference constitute "forward-looking statements". These
forward-looking statements can generally be identified as such
because of the context of the statements, including words
indicating that the Company "believes", "anticipates", "expects",
"plans" or words of a similar nature. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such
factors include, among others, the following: general economic and
business conditions which will, among other things, impact demand
for and market prices of the Company's products; industry capacity;
the ability of the Company to implement its business strategy,
including exploration and development activities; the ability of
the Company to complete its capital programs; successful
negotiations with bankers and other third parties; the success of
exploration and development activities; production levels;
government regulations and the expenditures required to comply with
them (especially safety and environmental laws and regulations);
asset retirement obligations; and other circumstances affecting
revenues and expenses.
Use of Barrels of Oil Equivalent (boe)
Disclosure provided herein in respect of boe units may be
misleading, particularly if used in isolation. A boe conversion
ratio of 6 Mcf of natural gas to 1 bbl of crude oil is based on an
energy equivalency conversion method primarily applicable at the
burner tip and may not represent a value equivalency at the
wellhead.
Disclaimer
The information presented in the WSR report is not to be
construed as an offer to sell, nor a solicitation of an offer to
purchase, any securities referred to therein or otherwise. Readers
are encouraged to conduct their own due diligence and review all of
the company's financial statements and risks statements on file at
www.SEDAR.com. NuLoch Resources, Inc. has paid to ASC a fee in
conjunction with preparation and distribution of this report and a
quarterly update, as well as additional fees for various investor
relations and road show activities. ASC or its associates may own
shares, for investment purposes, in its corporate accounts, and may
increase or decrease its positions at any time, without notice.
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.
Contacts: NuLoch Resources Inc. R. Glenn Dawson President and
CEO (403) 920-0455 (403) 920-0457 (FAX) nuloch@nuloch.ca Alan Stone
& Company LLC Alan Stone, Managing Director (561) 357-3094
astone@alanstone.com www.AlanStone.com www.WallStreetResearch.org /
www.SmallCapConference.org
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