Hanover Compressor Company Presentation at Oppenheimer's Oil Services & Equipment Conference
August 07 2006 - 5:00PM
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 Oppenheimer's Oil Services & Equipment Conference
at the Hilton Boston Financial District in Boston, Massachusetts on
Thursday, August 10, 2006. John Jackson, President and Chief
Executive Officer, will be presenting on Thursday, August 10, 2006
at 2:05 p.m. Eastern Daylight Time. A webcast of Hanover's
presentation and the presentation slides will be available by going
to the Company website (www.hanover-co.com) and clicking on the
webcast link or by clicking on this URL:
www.internetvideochannel.com/oppenheimer/oil.htm. The webcast will
also be available for replay on Friday, August 11, 2006 through
Monday, September 11, 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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