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Carbon Shareholders Approve Merger
DENVER, Oct. 28 /PRNewswire-FirstCall/ -- Carbon Energy Corporation announced
today that its shareholders at a special meeting approved the proposed merger of
Carbon with a subsidiary of Evergreen Resources, Inc. In the merger each share
of Carbon stock will be converted into .55 shares of Evergreen common stock.
Carbon expects the merger to close on October 29, 2003.
This press release includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical facts included or incorporated herein may constitute
forward-looking statements. Although Carbon believes that the expectations
reflected in the forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to be correct. The forward-looking
statements involve risks and uncertainties that affect Carbon's operations,
financial performance and other factors as discussed in Carbon's filings with
the Securities and Exchange Commission. Among the factors that could cause
results to differ materially are those risks discussed in the prospectus filed
with the Securities and Exchange Commission by Evergreen on September 25, 2003
in connection with the proposed merger.
For more information, please contact, Patrick R. McDonald, Chief Executive
Officer, +1-303-785-2603, or Cindy L. Yarbrough, Manager, Investor Relations,
+1-303-785-2631, , both of Carbon Energy Corporation.
Office Locations:
Carbon USA
1700 Broadway, Suite 1150
Denver, CO 80290
Carbon Canada
1750, 530 8th Avenue S.W.
Calgary, AB T2P 3S8 Canada
http://www.carbonenergy.com/
DATASOURCE: Carbon Energy Corporation
CONTACT: Patrick R. McDonald, Chief Executive Officer, +1-303-785-2603,
or Cindy L. Yarbrough, Manager, Investor Relations, +1-303-785-2631,
, both of Carbon Energy Corporation
Web site: http://www.carbonenergy.com/