CALGARY, Alberta and DENVER, Oct. 21 /PRNewswire-FirstCall/ -- Storm Cat Energy Corporation (AMEX:SCU)(TSE:SME) today announced that Scott Zimmerman, President and Chief Executive Officer will perform the honorary ringing of the opening bell on the American Stock Exchange (AMEX) on Monday, October 24, 2005. Also representing Storm Cat Energy Corporation will be Paul Wiesner, Chief Financial Officer, Keith Knapstad, Vice President, and Barbara Zimmerman, Director of Land. Storm Cat began trading on the 84-year-old AMEX under the trading symbol "SCU" on October 3, 2005. Investors and analysts interested in witnessing this milestone event of the Company may do so via the Internet at http://www.amex.com/ and by clicking on the Storm Cat name under the "Bell Ringing Close Up" caption which can be found on the AMEX's home page.
Commenting on this historic occasion, Scott Zimmerman, President of Storm Cat said: "We are now in an exciting growth phase for Storm Cat, with a handful of rigs drilling on our core operating properties and production on the rise. We are at an expanding stage of our development, and are excited about the execution of our long-term strategy to build the best company in the oil and gas business. We believe our listing on the AMEX will have a meaningful and positive impact on our future growth and ultimately value realization for our shareholders." Paul Wiesner, Storm Cat's CFO said: "As Storm Cat continues its transformation from an early-stage exploration company into one with a highly experienced managerial staff with a track record of exploring and developing large unconventional resource plays, it is great to become a part of such a storied exchange. We believe this AMEX listing will support our long-term vision of growth." About Storm Cat Energy Storm Cat Energy is an independent oil and gas company focused on the pursuit, exploration and development of large unconventional gas reserves from fractured shales, coal beds and tight sand formations. The Company has producing properties in Wyoming's Powder River Basin, exploitation/development acreage in Canada and Alaska, and high-risk, high-reward exploration acreage in Mongolia. The Company's shares trade on the American Stock Exchange under the symbol "SCU" and in Canada on the TSX Venture Exchange under the symbol "SME." By Order of the Board of Directors
Storm Cat Energy Corporation
J. Scott Zimmerman
President and Chief Executive Officer Caution Regarding Forward-Looking Statements
This publication contains certain "forward-looking statements", as defined in the United States Private Securities Litigation Reform Act of 1995. Such statements are based on the Company's current expectations, estimates and projections about the industry, management's beliefs and certain assumptions made by it; and involve a number of risks and uncertainties including but not limited to economic, competitive, governmental and geological factors affecting the Company's operations, markets, products and prices and other risk factors. Words such as "anticipates", "expects", "intends", "plans", "believes" or similar expressions are intended to identify forward-looking statements. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the volatility of natural gas prices, the possibility that exploration efforts will not yield economically recoverable quantities of gas, accidents and other risks associated with gas exploration and development operations, the Company's need for and ability to obtain additional financing, the ability to attract and retain experienced personnel, the ability to maintain the Company's listing on the American Stock Exchange and the other risk factors discussed in greater detail in the Company's various filings with the Securities and Exchange Commission and Canadian securities regulators, including the Company's Form 20-F filed with the Securities and Exchange Commission on July 1, 2005.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. DATASOURCE: Storm Cat Energy Corporation CONTACT: J. Scott Zimmerman, President and Chief Executive Officer, or Paul Wiesner, Chief Financial Officer, both of Storm Cat Energy Corporation, +1-303-991-5070 Web site: http://www.amex.com/ http://www.stormcatenergy.com/
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