Doral Energy Corp.
OTC Bulletin Board : DEGY

Doral Energy Corp.

September 01, 2009 18:30 ET

Doral Energy to Present at West Coast Energy Conference

MIDLAND, TEXAS--(Marketwire - Sept. 1, 2009) - Doral Energy Corp. (OTCBB:DEGY) ("Doral" or "the Company"), announced today that Everett Gray, CEO will present at the West Coast Energy Conference.

The West Coast Energy Conference, co-sponsored by EQUITIES Magazine, a 58 year old financial news publication and C.K. Cooper & Company, an independent, full service investment bank and financial services firm will be held on September 17, 2009 in Newport Beach, California. This is the inaugural year for the event and it is an exclusive opportunity for institutional, private equity and high net worth individuals to hear the Doral Energy growth story and network with senior management.

The exact time for the presentation and corresponding live web cast has not yet been determined. Doral Energy will release that information as soon as it is available so interested parties can listen to the Mr. Gray's presentation via the web cast.

Management Comments

Mr. Everett Willard ("Will") Gray II, CEO of Doral Energy said; "This is a very exciting opportunity to be able to share the Doral Energy story of growth to a diverse audience of institutional fund managers, representatives of private equity and high net worth retail investors. This is a very opportune time to meet with this group after our recent forward stock split which increased liquidity and will make it possible for there fund managers and retail investors to build a position in Doral Energy."

About Doral Energy Corp.

Doral Energy Corp. (OTCBB:DEGY) is an oil and gas exploitation and production company headquartered in Midland, Texas. Doral Energy Corp.'s strategy is to grow a portfolio of under-developed production and exploitation assets with the potential for generating near-term increases in existing production through operational improvements, and longer-term development of proved undeveloped reserves by infill drilling. Doral focuses on identifying acquisitions that generate immediate cash flow from production, but which also have strong proved developed non-producing and proved undeveloped reserves that can be tapped for significant growth. The prolific Permian Basin of Texas and New Mexico is a geographic region of particular interest for the Company's future acquisition activity. Doral's first producing assets, the Hanson Properties in Eddy County, New Mexico, located in the northwestern Permian Basin of New Mexico, are currently producing 155 BOEPD and have an estimated 6.1 million BOE of total proved reserves based on in-house engineering evaluations.

Shareholders and investors are encouraged to visit Doral Energy's website at www.DoralEnergy.com for more information.

Forward Looking Statements

This news release contains forward-looking statements that are not historical facts and are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. In particular, there is no assurance that Doral will be able to re-finance its current credit facility or acquire any future properties.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom the Company has contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in the Company's filings with the US Securities and Exchange Commission.

Contact Information