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Warren Resources Announces Second Quarter 2005 Earnings Release and Conference Call

NEW YORK, Aug. 5 /PRNewswire-FirstCall/ -- Warren Resources, Inc. (Nasdaq: WRES), an independent oil and gas exploration and production company ("Warren"), will report second quarter 2005 financial and operating results on Wednesday, August 10, 2005 by issuing a press release before the market opens and conducting a conference call on that date at 1:00 p.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 1:00 p.m. Eastern Time on Wednesday, August 10, 2005, and can be accessed by registering 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 4:00 p.m. on August 10, 2005. To access the replay, dial (888) 286-8010 and provide the confirmation code, 61293575.

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-                             08/05/2005
    /CONTACT:  Kathleen Heaney, Investor Relations, +1-212-753-2137, for
Warren Resources, Inc./
    /Web site:  http://www.warrenresources.com /
    (WRES)

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

MJ
-- NYF059 --
7127 08/05/2005 12:31 EDT http://www.prnewswire.com
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