MIDLAND, Texas - (Business Wire) Parallel Petroleum Corporation (NASDAQ:PLLL) will host a conference call to discuss the Company
’s financial and operational results for the fourth quarter and year ended December 31, 2007, on Thursday, February 21, 2008, 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 & Pre-Registration Information
To participate in the conference call, dial 888-713-4214 or 617-213-4866, Participant Passcode 75665568, at least ten minutes before the scheduled start time. Participants may pre-register for the call at https://www.theconferencingservice.com/prereg/ key.process?key=PU697WYER (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) or at Parallel’s web site on the Event Details page for the webcast. Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection.
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 90030622.
Related Press Releases
Parallel’s related earnings announcement for the fourth quarter and year ended December 31, 2007, and an operations update announcement are expected to be released after the market closes on February 20, 2008.
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.
Parallel Petroleum Corporation
Investor relations contact
Cindy Thomason, 432-684-3727
cindyt@plll.com
