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Warren Resources Announces First Quarter 2005 Earnings Release and Conference Call

NEW YORK, May 9 /PRNewswire-FirstCall/ -- Warren Resources, Inc. (Nasdaq: WRES), an independent oil and gas exploration and production company ("Warren"), will report first quarter 2005 financial and operating results on Wednesday, May 11, 2005 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 at http://www.warrenresources.com.

The conference call will also be broadcast live over the Internet at 10:00 a.m. Eastern Time on Wednesday, May 11, 2005, and can be accessed at http://www.warrenresources.com.

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 12:00 p.m. on May 11, 2005. To access the replay, dial (888) 286-8010 and provide the confirmation code, 22856823.

Warren Resources, Inc. is a growing independent energy company engaged in the exploration and development of domestic natural gas and oil reserves. Warren is primarily focused on the exploration and development of coalbed methane properties located in the Rocky Mountain region and its water flood oil recovery program in the Wilmington Unit located in the Los Angeles Basin of California. Warren is headquartered in New York, New York, and its exploration and development subsidiary, Warren E&P, Inc., is headquartered in Casper, Wyoming.

SOURCE  Warren Resources, Inc.
    -0-                             05/09/2005
    /CONTACT:  David Fleming of Warren Resources, Inc., +1-212-697-9660/
    /Web site:  http://www.warrenresources.com /
    (WRES)

CO:  Warren Resources, Inc.
ST:  New York, California, Wyoming
IN:  OIL
SU:  CCA

WR
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7283 05/09/2005 12:36 EDT http://www.prnewswire.com