2004-05-27 09:00:11
Ocean Resources Sets Date for Completion of ``Ocean Boomer'' Modifications to Be Followed by Commodity Metals Recovery Operation
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Business Editors DALLAS--(BUSINESS WIRE)--OCRI-- Ocean Resources, Inc. (OTCBB:OCRI - News) announced that it will complete modifications and begin final commissioning of its recovery vessel, "Ocean Boomer", the week of June 14th. The "Ocean Boomer" is the ship that will be used to recover commodity metals from the company's already identified, located and videotaped targets. "Ocean Resources is on schedule to complete the modifications on the "Ocean Boomer", stated Ocean Resources' CEO, Dennis McLaughlin. "We then will complete the standard mission prep and certification process thereafter. It is expected that the "Ocean Boomer" will be able to proceed to its first target in late June", he added. Ocean Resources Chief Operating Officer, Kit Chambers, stated, "We are now completing the preparation phase for our vessel and equipment. Our highly experienced personnel and contractors have stayed on schedule and within budget while maintaining the quality standards insisted upon by our independent project auditor." About Ocean Resources: Ocean Resources, Inc. (www.oceanri.com) is engaged in the business of deep-water recovery of fully processed commodity metals from previously identified, located and video-surveyed shipwrecks through an industrial-based operational program. Disclaimer This press release may contain "forward-looking statements". All statements, other than statements of fact, included in this release and without limitation statements regarding potential future plans and objectives of the Company, are forward- looking statements that involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Actual results may differ materially from the Company's expectations due to changes in operating performance, project schedules, prices and other technical and economic factors. KEYWORD: TEXAS INDUSTRY KEYWORD: ENVIRONMENT MINING/METALS TRANSPORTATION PRODUCT SOURCE: Ocean Resources, Inc. CONTACT INFORMATION: Redwood Consultants Jens Dalsgaard, 415-884-0348 or CEOCast Ken Sgro, 212-732-4300 kensgro@ceocast.com
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Due Da Due......But Be Quick About It!!!!!
DaDog
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