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Warren Resources Schedules Fourth Quarter and Full-Year 2010 Earnings Release and Conference Call

NEW YORK, Feb 18, 2011 (GlobeNewswire via COMTEX) -- Warren Resources, Inc. (Nasdaq:WRES), an independent oil and gas exploration and production company ("Warren"), will report fourth quarter and full-year 2010 financial results on Wednesday, March 2, 2011 by issuing a press release before the market opens and conducting a conference call on that date at 10:00 a.m. Eastern Time. The full text of the release will be available on the Internet and can be accessed at www.warrenresources.com under "Investors".

The conference call will also be broadcast live over the Internet at 10:00 a.m. Eastern Time on March 2, 2011, and can be accessed by registering at www.warrenresources.com under "Investors".

If you are unable to listen to the live call, a recording of the call will be available for delayed playback for one week beginning at approximately 1:00 p.m. on March 2, 2011. To access the replay, dial 888-286-8010, or if international dial 617-801-6888, and provide the confirmation code 29510648.

Warren Resources, Inc. is an independent energy company engaged in the exploration and development of domestic oil and natural gas reserves. Warren is primarily focused on water flood oil recovery programs in its Wilmington Units located in the Los Angeles Basin of California and the exploration and development of coalbed methane properties located in the Rocky Mountain region. The Company is headquartered in New York, New York, and its exploration and development subsidiary, Warren E&P, Inc., has offices in Long Beach, California and Casper, Wyoming.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Warren Resources, Inc.

CONTACT: Warren Resources, Inc. Media Contact: David Fleming, 212-697-9660