STAMFORD, Conn. -- PrimeEnergy Corporation announced today the following unaudited results for the periods ended June 30, 2011 and 2010:
PrimeEnergy is an independent oil and gas company actively engaged in acquiring, developing and producing oil and gas, and providing oilfield services, primarily in Texas, Oklahoma, the Gulf of Mexico, West Virginia, New Mexico, Colorado and Louisiana.Imagine a beautiful stained glass transom window above your front door. Or a delightful stained glass sun catcher hanging in front of your kitchen window. Now, imagine the stained glass design on a wooden table top, such as an end table, sofa table, or entry table. That's the true uniqueness I'm talking about. Imagine your foyer or vestibule with its stylish hardwood floor, intricate baseboard and crown molding, and a gorgeous mirror centered on the wall with an antique coat stand in the corner. The image looks wonderful, but it's missing something. You can't quite put your finger on it, but you know it needs more. Aha! Something must act as a transition from the floor to the mirror on the wall. That's it! An entry table. But not just any ordinary entry table. An elegant stained glass mosaic entry table done in a rich, full stain color that perfectly complements the hardwood flooring. Imagine another room in the home with similarly wonderful mosaic furniture, such as end tables, curio tables, and sofa tables.If on a budget, it is still possible to get quality tables that are still pleasing to the eye. Logically, tables made from non-wood materials are much less expensive than those made of hardwood material. If money is not really an issue and the buyer is selective, there is a huge range of options that will enhance the living space.[Table Omitted]
This Report contains forward-looking statements that are based on management's current expectations, estimates and projections. Words such as "expects," "anticipates," "intends," "plans," "believes", "projects" and "estimates," and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and are subject to the safe harbors created thereby. These statements are not guarantees of future performance and involve risks and uncertainties and are based on a number of assumptions that could ultimately prove inaccurate and, therefore, there can be no assurance that they will prove to be accurate. Actual results and outcomes may vary materially from what is expressed or forecast in such statements due to various risks and uncertainties. These risks and uncertainties include, among other things, the possibility of drilling cost overruns and technical difficulties, volatility of oil and gas prices, competition, risks inherent in the Company's oil and gas operations, the inexact nature of interpretation of seismic and other geological and geophysical data, imprecision of reserve estimates, and the Company's ability to replace and expand oil and gas reserves. Accordingly, stockholders and potential investors are cautioned that certain events or circumstances could cause actual results to differ materially from those projected.
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