Calgary, Alberta – May 30, 2005 - Yoho Resources Inc. ("Yoho" or the "Company") today reported financial and operating results for the second quarter ended March 31, 2005 on www.sedar.com.
About Yoho Resources Inc.
Yoho is a Calgary based oil and gas exploration company operating within the Western Canadian Sedimentary Basin and initially focusing on the Peace River Arch. Yoho currently has 20,300 net acres of undeveloped land and approximately 575 - 600 BOE per day of non-operated production.
For more information please contact:
Brian A. McLachlan
President and CEO
Yoho Resources Inc.
Phone: (403) 537-1771
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements regarding Yoho Resources Inc. include management’s assessments of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties, most of which are beyond Yoho's control. These risks may cause actual financial and operating results, performance, levels of activity and achievements to differ materially from those expressed in, or implied by, such forward-looking statements.
Such factors include, but are not limited to: the impact of general economic conditions in Canada and the United States; industry conditions including changes in laws and regulations including adoption of new environmental laws and regulations, and changes in how they are interpreted and enforced; competition; the lack of availability of qualified personnel; fluctuations in commodity prices; the results of exploration and development drilling and related activities; imprecision in reserve estimates; the production and growth potential of Yoho's various assets; fluctuations in foreign exchange or interest rates; the ability to access sufficient capital from internal and external sources; and obtaining required approvals of regulatory authorities.
Accordingly, Yoho gives no assurance nor makes any representations or warranty that the expectations conveyed by the forward-looking statements will prove to be correct and actual results may differ materially from those anticipated in the forward looking statements. Yoho undertakes no obligation to publicly update or revise any forward-looking statements.