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Attention Business Editors
Progress Energy Resources Files Annual Information Form
CALGARY, March 9 /CNW/ - Progress Energy Resources Corp. has filed its
Annual Information Form which contains the annual National Instrument 51-101
Form 1, Form 2 and Form 3 information. The information can be accessed
electronically from the SEDAR system at www.sedar.com or the Progress website
at www.progressenergy.com.
Progress is a Calgary based, mid-size energy company primarily focused on
natural gas exploration, development and production in northwest Alberta and
northeast British Columbia. Common shares of Progress are listed on the
Toronto Stock Exchange under the symbol PRQ.
Advisory Regarding Forward-Looking Statements
Forward Looking Statements - Certain information regarding Progress set
forth in this document, including management's assessment of Progress's future
plans and operations, contains forward-looking statements that involve
substantial known and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain of which
are beyond Progress's control, including the impact of general economic
conditions, industry conditions, volatility of commodity prices, currency
fluctuations, imprecision of reserve estimates, environmental risks,
competition from other producers, the lack of availability of qualified
personnel or management, stock market volatility and ability to access
sufficient capital from internal and external sources. Progress's actual
results, performance or achievement could differ materially from those
expressed in, or implied by, these forward-looking statements and,
accordingly, no assurance can be given that any of events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so,
what benefits that Progress will derive therefrom.
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/For further information: Greg Kist, Vice President, Investor Relations
and Marketing, Progress Energy Resources Corp., at (403) 539-1809,
(gkist@progressenergy.com)/
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