BAKERSFIELD, CA, Jan. 18 /CNW/ - Ivanhoe Energy Inc. (NASDAQ: IVAN and TSX: IE, IE.U) will host a telephone conference call for investors and analysts today, Wednesday, January 18, at 4:00 p.m. EST (1:00 p.m. PST). Briefings will be provided on the successful attainment of performance objectives by the company's Commercial Demonstration Facility in Southern California that is showcasing Ivanhoe's revolutionary heavy-oil upgrading technology (HTL). Ivanhoe Energy now is preparing to test crudes from potential partners, with an initial focus on heavy crudes from California and Western Canada, including bitumen from Canada's Athabasca Tar Sands region. Keynote presenters will be Ed Veith, Vice President of Heavy Oil Upgrading, and Ian Barnett, Vice President of Corporate Finance and Business Development. Also participating in the call will be Ivanhoe Energy Chairman David Martin, Deputy Chairman Robert Friedland and President and Chief Financial Officer Leon Daniel. The conference call may be accessed by dialing 1-866-540-8136 in Canada and the United States, or 416-340-8010 in the Toronto area and internationally. A simultaneous webcast of the conference call will be provided through www.ivanhoeenergy.com and www.newswire.ca/webcast. The conference call will be archived for later playback and may be accessed by dialing 1-800-408-3053 or 1-416-695-5800 and entering the pass code 3174625 followed by the number sign, or via www.ivanhoeenergy.com. The archived playback will be available until February 17, 2006. Ivanhoe Energy is an independent international oil and gas exploration and development company building long-term growth in its reserve base and production. Ivanhoe Energy is a leader in technologically innovative methods designed to significantly improve reserves of oil and gas through the upgrading of heavy oil to light oil, state-of-the-art drilling techniques, enhanced oil recovery (EOR) and the conversion of natural gas to liquids (GTL). Core operations are in the United States and China, with business development opportunities worldwide. Ivanhoe Energy trades on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange (TSX) with the symbol IE. On the TSX, Ivanhoe Energy is listed and traded in both Canadian and U.S. dollars. The U.S. dollar trading symbol on the TSX is IE.U.
