Provident Announces Webcast Information for Upcoming Special Meeting of Shareholders
22 März 2012 - 2:14AM
PR Newswire (Canada)
All values are in Canadian dollars. CALGARY, March 23, 2012 /CNW/ -
Provident will hold a Special Meeting of Shareholders on Tuesday,
March 27, 2012 at 9:00 a.m. MDT (11:00 a.m. EDT) in the
Metropolitan Ballroom located at the Metropolitan Conference
Centre, 333 - 4th Avenue S.W., Calgary, Alberta, Canada. The
purpose of the Meeting is to provide Provident shareholders of
record at the close of business on February 14, 2012 an opportunity
to vote on the approval of the Plan of Arrangement with Pembina
Pipeline Corporation. A listen-only live webcast of the event can
be accessed on Provident's website at www.providentenergy.com under
Investor Centre, Events, or by entering
http://event.on24.com/r.htm?e=411716&s=1&k=C5C14DF7F72097F20EC3DE05D17EE9FA
in your web browser. A listen-only conference call of the event can
be accessed by dialing 647-427-7450 or 888-231-8191 approximately
10 minutes prior to the conference call. An archived recording of
the call will be available for replay until April 3, 2012 by
dialing 514-807-9274 or 855-859-2056 and entering passcode
65504808. Provident Energy Ltd. is a Calgary-based corporation that
owns and manages a natural gas liquids midstream business.
Provident's Midstream facilities are strategically located in
Western Canada and in the premium NGL markets in Eastern Canada and
the U.S. Provident provides monthly cash dividends to its
shareholders and trades on the Toronto Stock Exchange and the New
York Stock Exchange under the symbols PVE and PVX, respectively.
This news release contains certain forward-looking statements
concerning Provident and the arrangement involving Pembina, as well
as other expectations, plans, goals, objectives, information or
statements about future events, conditions, results of operations
or performance that may constitute "forward-looking statements" or
"forward-looking information" under applicable securities
legislation. Such statements or information involve substantial
known and unknown risks and uncertainties, certain of which are
beyond Provident's control, including the impact of general
economic conditions in Canada and the United States, industry
conditions, changes in laws and regulations including the adoption
of new environmental laws and regulations and changes in how they
are interpreted and enforced, increased competition, the lack of
availability of qualified personnel or management, pipeline design
and construction, fluctuations in commodity prices, foreign
exchange or interest rates, stock market volatility, obtaining
required approvals of regulatory authorities and the failure to
complete the arrangement. Such forward-looking information is
provided for the purpose of providing information about
management's current expectations and plans relating to the
future. Readers are cautioned that reliance on such
information may not be appropriate for other purposes, such as
making investment decisions. Such forward-looking statements
or information are based on a number of assumptions which may prove
to be incorrect. In addition to other assumptions identified in
this news release, assumptions have been made regarding, among
other things, commodity prices, operating conditions, capital and
other expenditures, project development activities and certain
matters relating to the arrangement. Although Provident believes
that the expectations reflected in such forward-looking statements
or information are reasonable, undue reliance should not be placed
on forward-looking statements because Provident can give no
assurance that such expectations will prove to be correct.
Forward-looking statements or information are based on current
expectations, estimates and projections that involve a number of
risks and uncertainties which could cause actual results to differ
materially from those anticipated by Provident and described in the
forward-looking statements or information. The forward-looking
statements or information contained in this news release are made
as of the date hereof and Provident undertakes no obligation to
update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events
or otherwise unless so required by applicable securities laws. The
forward-looking statements or information contained in this news
release are expressly qualified by this cautionary statement.
Provident Energy Ltd. CONTACT: Investor and Media Contact: Ashley
NuellInvestor Relations & Communications AnalystPhone (403)
231-6710Email: info@providentenergy.comCorporate Head Office:2100,
250 - 2nd Street SWCalgary, Alberta T2P 0C1Phone: (403)
296-2233Toll Free: 1-800-587-6299Fax: (403)
264-5820www.providentenergy.com
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