Particle Drilling Technologies Announces
Second Fiscal Quarter 2006 Earnings and Conference Call
Schedule
HOUSTON, May 2 /PRNewswire-FirstCall/ -- Particle
Drilling Technologies, Inc. (Nasdaq: PDRT) announced today
plans to release second fiscal quarter 2006 results on
Tuesday, May 9, 2006 after the market closes. In conjunction
with the release, Particle Drilling has scheduled a conference
call, which will be broadcast live over the Internet on
Wednesday, May 10, 2006 at 10:00 a.m. eastern time (9:00 a.m.
central). The Company plans to provide an operations update
and a review of the quarterly results.
What: Particle Drilling Technologies, Inc.
Second Fiscal Quarter
Conference Call
When: May 10, 2006 - 10:00 a.m. eastern time
Where: Live via phone by dialing 303-205-0033 and asking
for the Particle Drilling call at least 10 minutes
prior to the start time. Investors may also listen
to the conference live on the Particle Drilling
website, ,
on the "Investor Relations" section of the site.
A telephonic replay of the conference call will be
available through May 17, 2006 and may be accessed by calling
303-590-3000 and using passcode 11060046. A web cast archive
will also be available at /,
on the "Investor Relations" section of the Company's website,
shortly after the call and will be accessible for
approximately 90 days. For more information, please contact
Donna Washburn at DRG&E at 713-529-6600 or email dmw@drg-e.com.
Particle Drilling Technologies, Inc., headquartered in
Houston, Texas, is a development stage oilfield service and
technology company owning certain patents and pending patents
related to the Particle Impact Drilling technology. The
Company's technology is designed to enhance the rate-of-
penetration function in the drilling process, particularly in
hard rock drilling environments.
Certain statements in this press release that are not
historical but are forward-looking are subject to known and
unknown risks and uncertainties, which may cause PDTI's actual
results in future periods to be materially different from any
future performance that may be suggested in this press
release. Such risks and uncertainties may include, but are not
limited to, PDTI's ability to raise equity capital, if
necessary, and its ability to obtain equity financing on
acceptable terms, if at all, a severe worldwide slowdown in
the energy services sector and working capital constraints.
Further, PDTI is a development stage company that operates in
an industry sector where securities values are highly volatile
and may be influenced by economic and other factors beyond
PDTI's control such as announcements by competitors and
service providers.
Contacts:
J. Chris
Boswell, SVP & CFO Particle Drilling Technologies,
Inc. 713-223-3031 ext. 204
Ken Dennard, Managing Partner
Jack Lascar, Partner
DRG&E / 713-529-6600 | 
