Shoreline Energy Corp. is planning to hold a conference call tomorrow, November 28, 2012, to discuss its recent business developments, including the impact and outlook relating to its acquisition of the Wattenberg Colorado Project located in the Denver-Julesberg Basin.
The Wattenberg Colorado Project represents Shoreline’s initial entry into the United States. This project is currently an area of a large scale, low risk horizontal development well program, using multi-stage frac technology. Acquisition of the project is expected to generate $4.6m of cash flows the first year, providing an initial rate of return of more than 30%.
The CEO of Shoreline will be hosting the conference call. Those who wish to participate should dial in at 11:30am ET using 1-877-317-6776 with the conference ID 10021652. International callers should use the same conference code, but dial 1-412-317-0088 instead. The conference will also be available via webcast at the following link: http://webcast.mzvaluemonitor.com/Home/Login/648.
A slide presentation for the call will be available on the company’s website at the start of the call. After the prepared presentations, investors will be given the opportunity to ask questions.
Investors unable to attend at the scheduled time can access a recording of the call. To listen, call 1-877-344-7529 within the United States or 1-412-317-0088 when calling internationally. The replay pin number required to access the recording is 10021652.
For more information, visit www.shorelineenergy.ca
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