HOUSTON, June 17, 2005 (PRIMEZONE) -- Transmeridian Exploration, Inc. (AMEX:TMY) announced today that the company will be hosting an investor presentation in Frankfurt, Germany on Monday, June 20th. The presentation will be held 3:00 pm - 6:00 pm in Ballsaal 2 at the ArabellaSheraton Grand Hotel located at Kondrad Andenauer Strasse 7, Frankfurt 60313 Germany.
About Transmeridian Exploration, Inc.
Transmeridian Exploration, Inc. is an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union. The Company primarily targets medium-sized fields with proved or probable reserves and significant upside reserve potential. Its first major project is the South Alibek Field in Kazakhstan and it is currently pursuing additional projects in Kazakhstan as well as Azerbaijan.
For more information please contact the following:
Transmeridian Exploration, Inc. 397 N. Sam Houston Pkwy E. Suite 300 Houston, TX 77060 Lorrie T. Olivier, CEO Tel: (281) 999-9091 Fax: (281) 999-9094 E-mail: tmei@tmei.com Website: www.tmei.com
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created therein. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including but not limited to those identified or discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2004 and the Company's other filings with the Securities and Exchange Commission. Although Transmeridian Exploration, Inc. believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion herein should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
Transmeridian Exploration, Inc. discloses proved reserves that comply with the Securities and Exchange Commission's (SEC) definitions. Note that the Company's use of terms such as "probable oil resources," "probable reserves," "possible oil resources," "ultimate potential," "resources" and "recoverable reserves" include quantities of oil that are not yet classified as proved and which SEC guidelines do not allow us to include in filings with the SEC.