Hanover Compressor Company Presentation at Credit Suisse Energy Summit
January 25 2006 - 8:30AM
Business Wire
Hanover Compressor Company (NYSE:HC), a global market leader in
full service natural gas compression and a leading provider of
service, fabrication and equipment for oil and natural gas
production, processing and transportation applications, will be
presenting at the 2006 Credit Suisse Energy Summit in Vail,
Colorado, on Tuesday, January 31, 2006. John Jackson, President and
Chief Executive Officer, will be presenting on Tuesday, January 31,
2006, at 10:05 a.m. Eastern Standard Time. A live webcast of
Hanover's presentation and the presentation slides will be
available at 10:05 a.m. EST, Tuesday, January 31, by logging onto
Hanover's web site (http://www.hanover-co.com/) or by clicking this
URL:
http://w.on24.com/r.htm?e=19637&s=1&k=9684848AF6A416E2A9DD742BCEBD7754
The webcast will be available for replay through Wednesday,
February 8, 2006. About Hanover Compressor Company Hanover
Compressor Company (NYSE:HC) is a global market leader in full
service natural gas compression and a leading provider of service,
fabrication and equipment for oil and natural gas production,
processing and transportation applications. Hanover sells and rents
this equipment and provides complete operation and maintenance
services, including run-time guarantees for both customer-owned
equipment and its fleet of rental equipment. Founded in 1990,
Hanover's customers include both major and independent oil and gas
producers and distributors as well as national oil and gas
companies. Forward-looking Statements Certain matters discussed in
this presentation are "forward-looking statements" intended to
qualify for the safe harbors established by the Private Securities
Litigation Reform Act of 1995 and Section 21E of the Securities
Exchange Act of 1934, as amended. These forward-looking statements
can generally be identified as such because of the context of the
statement or because the statement includes words such as
"believes," "anticipates," "expects," "estimates," or words of
similar import. Similarly, statements that describe Hanover's
future plans, objectives or goals or future revenues or other
financial measures are also forward-looking statements. Such
forward-looking statements are subject to risks and uncertainties
that could cause our actual results to differ materially from those
anticipated as of the date the statements were made. These risks
and uncertainties include, but are not limited to: our inability to
renew our short-term leases of equipment with our customers so as
to fully recoup our cost of the equipment; a prolonged substantial
reduction in oil and natural gas prices, which could cause a
decline in the demand for our compression and oil and natural gas
production and processing equipment; reduced profit margins or the
loss of market share resulting from competition or the introduction
of competing technologies by other companies; changes in economic
or political conditions in the countries in which we do business,
including civil uprisings, riots, terrorism, the taking of property
without fair compensation and legislative changes; changes in
currency exchange rates; the inherent risks associated with our
operations, such as equipment defects, malfunctions and natural
disasters; governmental safety, health, environmental and other
regulations, which could require us to make significant
expenditures; our inability to implement certain business
objectives, such as international expansion (including our ability
to timely and cost-effectively execute projects in new
international operating environments), integrating acquired
businesses, generating sufficient cash, accessing capital markets,
refinancing existing or incurring additional indebtedness to fund
our business, and executing our exit and sale strategy with respect
to assets classified on our balance sheet as assets held for sale;
risks associated with any significant failure or malfunction of our
enterprise resource planning system and our inability to comply
with covenants in our debt agreements and the decreased financial
flexibility associated with our substantial debt. A discussion of
these and other factors is included in the Company's periodic
reports filed with the Securities and Exchange Commission.
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