Item 7.01. Regulation FD Disclosure
The information contained in this Current Report on Form 8-K is being furnished
by Carbon Energy Corporation (the "Company") pursuant to Item 7.01 of Form 8-K
in satisfaction of the public disclosure requirements of Regulation FD.
At 10:00 am (EST) on August 25, 2020, the Company will host a Zoom virtual
meeting to discuss its recent activities and operations during which a slide
presentation regarding the activities of the Company will be presented. The
meeting and the slide presentation may be accessed by going to the Company's
website, https://www.carbonenergycorp.com/presentations/ or to participate by
phone at 1-929-436-2866, meeting ID: 473 745 4827#, password: 646314.
The slides contain certain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended (the "Securities Act"),
and Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"). Except for historical information, statements made in the slide
presentation, including those relating to the Company's strategies, estimated
and anticipated production, expenditures, infrastructure, estimated costs,
number of wells to be drilled, estimated reserves, reserve potential,
recoverable reserves, and financial position are forward-looking statements as
defined by the Securities and Exchange Commission. These statements are based on
assumptions and estimates that management believes are reasonable based on
currently available information; however, management's assumptions and the
Company's future performance and activities are subject to a wide range of
business risks and uncertainties and there is no assurance that these goals and
projections can or will be met or that such activities will be undertaken. Any
number of factors could cause actual results to differ materially from those in
the forward-looking statements, including, but not limited to, the volatility of
oil and gas prices, the costs and results of drilling and operations, the timing
of production, mechanical and other inherent risks associated with oil and gas
production, weather, the availability of drilling equipment, changes in interest
rates, litigation, uncertainties about reserve estimates, environmental risks,
availability of capital to implement any such activities. We caution you not to
place undue reliance on these forward-looking statements, which speak only as of
the date reflected in the slide presentation, and we undertake no obligation to
publicly update or revise any forward-looking statements. Further information on
risks and uncertainties is available in the Company's filings with the
Securities and Exchange Commission, which are incorporated by reference.
Actual quantities of oil and gas that may be ultimately recovered from Carbon's
interests will differ substantially from our estimates. Factors affecting
ultimate recovery include the scope of Carbon's drilling program, which will be
directly affected by the availability of capital, drilling and production costs,
commodity prices, availability of drilling services and equipment, drilling
results, lease expirations, transportation constraints, regulatory approvals,
field spacing rules, recoveries of gas in place, length of horizontal laterals,
actual drilling results, and geological and mechanical factors affecting
recovery rates and other factors. Estimates of resource potential may change
significantly as development of our resource plays provides additional data.
Investors are urged to consider closely the disclosure in our annual report on
Form 10-K containing the disclosure for the year ended December 31, 2019
available upon request to: Corporate Secretary, Carbon Energy Corporation, 1700
Broadway, Suite 1170, Denver, Colorado 80290; tel: (720) 407-7030. You can also
obtain this Form 10-K from the SEC's website, http://www.sec.gov.
In accordance with General Instructions B.2 and B.6 of Form 8-K, the information
included in this Current Report on Form 8-K, shall not be deemed "filed" for the
purposes of Section 18 of the Exchange Act, or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated by reference
into any filing made by the Company under the Exchange Act or the Securities Act
except as shall be expressly set forth by specific reference in such a filing.
1
© Edgar Online, source Glimpses