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Warren Resources to Present at IPAA's Second Annual Small Cap Oil and Gas Investment Symposium

NEW YORK--(BUSINESS WIRE)--Feb. 2, 2006--Warren Resources, Inc. (Nasdaq:WRES) announced today that Norman Swanton, Chief Executive Officer will present at the IPAA's Second Annual Small Cap Investment Symposium taking place at The Westin Diplomat Resort in Hollywood, Florida from Tuesday, February 7, 2006 through Thursday, February 9, 2006. Mr. Swanton will be presenting to the conference on Tuesday February 7, 2006 at 3:15 pm (Eastern Time).

The IPAA conference highlights some of the fastest growing US independent oil and gas companies with market capitalizations up to $1 billion. The company will be one of 40 companies presenting at the conference. A copy of Mr. Swanton's presentation will be available on the company's website at www.warrenresourses.com.

About Warren Resources

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. The Company is headquartered in New York, New York, and its exploration and development subsidiary, Warren E&P, Inc., is based in Casper, Wyoming and Long Beach, California.

CONTACT: Integrated Corporate Relations
Investor Relations:
Kathleen Heaney, 212-753-2137

SOURCE: Warren Resources, Inc.