DENVER, March 31, 2014 /PRNewswire/ -- Double Eagle
Petroleum Co. (NASDAQ: DBLE) announced today that the Company's
common stock will begin trading under the ticker symbol "ESCR"
before the market opens on April 1,
2014. This follows the Company's recently announced name
change to Escalera Resources Co., reflecting the repositioning of
the Company for future growth. Additionally, the Company's Series A
Cumulative Preferred Stock will trade under the ticker symbol
"ESCRP" beginning before the market opens on April 1, 2014.
The Company also announced that it will host an investor
conference call to provide a strategy update on Thursday, April 3, 2014 at 4:00 p.m. Eastern Time (2
p.m. Mountain Time). The conference call information
is as follows:
|
Time and
Date:
|
April 3, 2014 at 4:00
p.m. Eastern Time
|
|
Dial-In-Number:
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1-800-434-1335
|
|
Please
Request:
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Escalera Resources
Strategic Update
|
|
Participant
Code:
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516584#
|
A recording of the call will be available for delayed playback
for one week beginning at approximately 5:00
p.m. Eastern Time on April 3,
2014. To access the replay, dial 1-800-704-9804 and provide
the confirmation code by entering a "*" and then dial
516584#.
About Escalera Resources Co./Double Eagle Petroleum
Co.
Escalera Resources Co. will have offices in Houston, Texas, Denver, Colorado and Casper, Wyoming. The Company has historically
explored and developed natural gas and crude oil properties in the
Rocky Mountain region. The Company currently has development
activities and opportunities in Wyoming in both the Atlantic Rim and on the
Pinedale Anticline. Also, exploration potential exists in its
Niobrara acreage in Wyoming and Nebraska, which totals over 70,000 net acres,
and in its acreage in Nevada,
which totals over 6,000 net acres. The Company is actively pursuing
new focus areas, including international and midstream
opportunities.
Company Contact:
John Campbell, IR
(303) 794-8445
www.dble.com
SOURCE Escalera Resources Co.
