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Longwei Petroleum Investment Holding Cancels First Quarter Fiscal Year 2010 Conference Call


TAIYUAN CITY, China, Nov. 20 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), announced today that it will not be conducting its earnings conference call for the quarter ended September 30, 2009 previously scheduled for Friday, November 20, 2009 at 11:30 a.m. Eastern time.

The earnings call will now take place on Monday, November 23, 2009 at 1:00 p.m. EST.

To participate in the call please dial (888) 218-8176, or (913) 312-0961 for international calls, approximately 10 minutes prior to the scheduled start time. Interested parties can also listen via a live Internet webcast, which can be found at the Company's website at http://www.longweipetroleum.com .

A replay of the call will be available for two weeks from 4:00 p.m. EST on November 23, 2009, until 11:59 p.m. EST on December 7, 2009. The number for the replay is (888) 203-1112, or (719) 457-0820 for international calls; the passcode for the replay is 4403396. In addition, a recording of the call will be available via the company's website at http://www.longweipetroleum.com for one year.

About Longwei Petroleum Investment Holding Limited

Longwei Petroleum Investment Holding, Limited (the "Company") is an energy company that, through its subsidiaries, engages in oil and gas operations in the People's Republic of China ("PRC"). Oil and gas operations consist of transporting, marketing and selling finished petroleum products. The Company's headquarters and primary facilities are located in Taiyuan, Shanxi Province ("Shanxi"). The Company purchases diesel, gasoline, fuel oil and kerosene (the "Products") from various petroleum refineries in the PRC. The Company is 1 of 5 licensed intermediaries in Shanxi that operates its own large scale storage tanks and has the necessary licenses to operate and sell Products not only in Shanxi but throughout the entire PRC. The Company's storage tanks have the largest storage capacity of any non-government operated entity in Shanxi. The Company seeks to earn profits by selling its Products at competitive prices to large scale gas stations, coal plants and other power supply customers and small, independent gas stations. The Company also earns revenue by acting as a purchasing agent for other intermediaries in Shanxi and through the sale of diesel and gasoline at a gas station located on the Company's property in Taiyuan.

For further information on Longwei Petroleum Investment Holding Limited, please visit http://www.longweipetroleum.com . You may register to receive Longwei Petroleum Investment Holding Limited's future press releases or request to be added to the Company's distribution list by contacting Dave Gentry at info@redchip.com .

For further information, please contact:

At the Company:

Jim Crane, Chief Financial Officer

U.S. Office +1-617-699-6325

P.R.C. Tel. +86-186-0125-0891

Investor Relations:

RedChip Companies, Inc.

Dave Gentry

Tel: +1-407-644-4256 x104

Email: info@redchip.com

Web: http://www.RedChip.com

Source: Longwei Petroleum Investment Holding, Ltd.
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Keywords: Oil/Energy
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