CARBON NATURAL GAS COMPANY (OTCMKTS:CRBO) Files An 8-K Regulation FD Disclosure
Item 7.01.Regulation FD Disclosure
The information contained in this Current Report on Form 8-K is
being furnished by Carbon Natural Gas Company (the Company) to
Item 7.01 of Form 8-K in satisfaction of the public disclosure
requirements of Regulation FD.
At 3:00 pm (EST) on December 7, 2016, at the offices of Yorktown
Energy Partners, 410 Park Avenue, 19th Floor, New
York, NY 10022, a slide presentation regarding the activities of
the Company will be presented by the Company.The slide
presentation can be accessed by going to the Companys website,
http://carbonnaturalgas.com/investor-center-2/.
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 Companys 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, managements assumptions
and the Companys 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 Companys filings with the Securities and
Exchange Commission, which are incorporated by reference.
Actual quantities of oil and gas that may be ultimately recovered
from Carbons interests will differ substantially from our
estimates. Factors affecting ultimate recovery include the scope
of Carbons 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, 2015 available upon
request to: Corporate Secretary, Carbon Natural Gas Company, 1700
Broadway, Suite 1170, Denver, Colorado 80290; tel: (720)
407-7043. You can also obtain this Form 10-K from the SECs
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.
About CARBON NATURAL GAS COMPANY (OTCMKTS:CRBO)
Carbon Natural Gas Company (Carbon) is a holding company. The Company owns and operates oil and natural gas and oil interests in the Appalachian and Illinois Basins of the United States. The Company produces and sells oil, natural gas, natural gas condensate and natural gas liquids. Carbon conducts its oil and natural gas operations through Nytis LLC. Carbon’s oil and gas properties are located in Illinois, Indiana, Kentucky, Ohio, Tennessee and West Virginia. Nytis LLC owns working interests in approximately 850 gross wells (over 570 net) and royalty interests located in Kentucky, Ohio, Tennessee and West Virginia, and has leasehold positions in approximately 17,000 net developed acres and over 184,800 net undeveloped acres. Nytis LLC owns working interests in approximately 60 gross (over 30 net) coalbed methane wells in the Illinois Basin, and has a leasehold position in approximately 1,700 net developed acres and over 66,700 net undeveloped acres. CARBON NATURAL GAS COMPANY (OTCMKTS:CRBO) Recent Trading Information
CARBON NATURAL GAS COMPANY (OTCMKTS:CRBO) closed its last trading session 00.000 at 0.370 with 1,000 shares trading hands.
