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2-for-1 Split of The Beard Company's Common Stock, Effective November 2, 2009, Not Reflected on the OTC Bulletin Board.

 

OKLAHOMA CITY, Nov. 4 /PRNewswire-FirstCall/ -- The Beard Company (OTC Bulletin Board: BRCO) today advised that its previously announced 2-for-1 common stock split, effective at 4:00 p.m. Eastern time on November 2, 2009, has not yet been properly reflected on the OTC Bulletin Board. Management is working with FINRA to remedy this as soon as possible.

About The Beard Company

The Beard Company creates, acquires, and/or invests in businesses, primarily related to natural resources, that management believes have high growth and/or above-average profit potential and can enhance shareholder value. The Company is involved in oil and gas activities; coal reclamation activities; and minerals exploration and development through its Geohedral investment.

The Company is headquartered in Oklahoma City and its common stock trades on the OTC Bulletin Board under the symbol "BRCO".

Forward-Looking Statements

This document may include statements that constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", "anticipate", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the ability to negotiate and execute contracts in connection with the Company's coal reclamation activities; future trends in commodities prices; financial, geological or mechanical difficulties affecting Geohedral's or Beard Dilworth's planned geological work programs; uncertainties surrounding estimates of mineralized material; and other risks associated with the Company's business. By making these forward-looking statements, Beard undertakes no obligation to update these statements for revisions or changes in the future.

                  For Additional Information, Please Contact:
           Herb Mee, Jr., President, at (405) 842-2333 or via email at
                                hmee@beardco.com
                                      or
           RJ Falkner & Company, Inc., Investor Relations Counsel, at
               (800) 377-9893 or via email at info@rjfalkner.com

SOURCE The Beard Company

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