CAMAC Energy Inc. Announces Timing of Year-End and Fourth Quarter Results Conference Call

HOUSTON--()--CAMAC Energy Inc. (NYSE Amex: CAK), a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that it will be hosting their 2010 fiscal year-end and fourth quarter financial results conference call at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Friday, March 11, 2011. Hosting the call will be Byron A. Dunn, President and CEO, and Abiola L. Lawal, Executive Vice President and Chief Financial Officer.

Earnings Call details -

 
Date:   Friday, March 11, 2011
 
Time: 4:00 p.m. CT / 5:00 p.m. ET
 
Participate: The call can be accessed live over the telephone by dialing (877) 407-0784 or for international callers, (201) 689-8560.
 
Listen only:

A live webcast of the call will be available on the Company's website www.camacenergy.com under the “Investors – Events & Presentation” section.

 
Replay: A replay will be available shortly after the conference call and can be accessed by dialing (877) 870-5176 or for international callers, (858) 384-5517. The passcode for the replay is 367938. The telephone replay will be available until March 25, 2011. The webcast will also be archived on the Company's website shortly following the call for approximately 30 days.

About CAMAC Energy Inc.

CAMAC Energy Inc. (NYSE Amex: CAK) is a U.S.-based energy company engaged in the exploration, development and production of oil and gas. The Company focuses on early cash flow and high-return global energy projects and currently has operations in Nigeria and, through its Pacific Asia Petroleum subsidiaries, in China. The Company's principal assets include interests in the Oyo Oilfield, an offshore oil asset in deepwater Nigeria that started production in December 2009, a 100% interest in the Zijinshan Block gas asset located in the Shanxi Province, China, and the Enhanced Oil Recovery and Production business in Northern China. The Company was founded in 2005 and has offices in Hartsdale, New York, Houston, Texas, Beijing, China, and Lagos, Nigeria.

Forward-Looking Statements

This press release may contain certain “forward-looking statements” relating to the business of CAMAC Energy Inc. and its subsidiaries. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: the prospectivity and potential value of the OML 120/121 blocks; the general ability of CAMAC Energy Inc. to achieve its commercial objectives; the business strategy, plans and objectives of CAMAC Energy Inc. and its subsidiaries; and any other statements of non-historical information. Words such as “anticipates,” “expects,” “plans,” “projects,” “believes,” “seeks,” “estimates,” and similar expressions are intended to identify such forward-looking statements. The statements are based upon management’s current expectations, estimates and projections, are not guarantees of future performance, and are subject to a variety of risks, uncertainties and other factors, some of which are beyond CAMAC Energy Inc.’s control and are difficult to predict, including those discussed in CAMAC Energy Inc.'s periodic reports that are filed with the “SEC”) and available on its website (http://www.sec.gov). You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, CAMAC Energy Inc. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

All statements in this press release relating to oil and gas “resources,” “prospects” and “potential” are not references to “proved reserves” as defined under applicable SEC regulations, and are not permitted in the CAMAC Energy Inc.’s filings with the SEC.

Contacts

Media:
CAMAC Energy Inc.
Cristy Taylor, 713-797-2940
PR@camacenergy.com
or
IR:
ICR
832-209-1419
IR@camacenergy.com

Contacts

Media:
CAMAC Energy Inc.
Cristy Taylor, 713-797-2940
PR@camacenergy.com
or
IR:
ICR
832-209-1419
IR@camacenergy.com