SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) May 2, 2003
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CANARGO ENERGY CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware 0-9147 91-0881481
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
CanArgo Energy Corporation
P.O. Box 291, St. Peter Port
Guernsey, British Isles GY1 3RR
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (44) 1481 729 980
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Pursuant to Regulation FD, CanArgo Energy Corporation is furnishing its
Press Release dated May 2, 2003.
ITEM 9. Regulation FD Disclosure.
Pursuant to Regulation FD, CanArgo Energy Corporation is furnishing its Press
Release dated May 2, 2003. The Press Release is attached hereto as Exhibit
99.1.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
CANARGO ENERGY CORPORATION
Date: May 6, 2003 By: /s/ Liz Landles
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Liz Landles, Corporate Secretary
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Exhibit 99.1
[CanArgo Energy Corporation - Logo]
CanArgo Energy Corporation
FOR IMMEDIATE RELEASE
Vincent McDonnell appointed Director
2nd May 2003 - Oslo, Norway - CanArgo Energy Corporation ("CanArgo") (OSE: CNR,
OTCBB: GUSH) today announced that Mr Vincent McDonnell has been appointed to the
position of director on the Board of CanArgo Energy Corporation in addition to
his current duties as Chief Financial Officer and Chief Commercial Officer.
CanArgo is an independent oil and gas exploration and production company with
its oil and gas operations currently located in the Republic of Georgia, Ukraine
and the Caspian Sea. Further information on the Company is available at
www.canargo.com and at http://www.sec.gov.
The matters discussed in this press release include forward looking statements,
which are subject to various risks, uncertainties and other factors that could
cause actual results to differ materially from the results anticipated in such
forward looking statements. Such risks, uncertainties and other factors include
the uncertainties inherent in oil and gas development and production activities,
the effect of actions by third parties including government officials,
fluctuations in world oil prices and other risks detailed in the Company's
reports on Forms 10-K and 10-Q filed with the Securities and Exchange
Commission. The forward looking statements are intended to help shareholders and
others assess the Company's business prospects and should be considered together
with all information available. They are made in reliance upon the safe harbor
provisions of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. The company can not give
assurance that the results will be attained.
For further information, please contact:
CanArgo Energy Corporation
Julian Hammond
Tel: +44 1481 729980
Fax +44 1481 729982
Mobile: +44 7740 576139
e-mail: info@canargo.com