February 18, 2005 -- Warren Resources Announces Fourth Quarter and Year-End 2004 Earnings and 2004 Proved Reserves Conference Call

February 3, 2005 -- Warren Resources Announces Hiring of Two Former Major Oil Company Executives to Implement Development and Production Operations at its California Wilmington Unit

February 2, 2005 -- Warren Resources Completes Acquisition of Magness Petroleum Company's Interest in the Wilmington Unit in California

January 13, 2005 -- Warren Resources Calls for Full Redemption of Outstanding 12% Sinking Fund Convertible Bonds due December 31, 2017

January 12, 2005 -- Warren Resources Calls for Full Redemption of All Outstanding 12% Sinking Fund Bonds due December 31, 2007

December 31, 2004 -- Warren Resources Declares Quarterly Dividend on 8% Preferred Stock

December 30, 2004 -- Warren Resources, Inc.'s Underwriters Exercise Over-Allotment Option For Initial Public Offering

December 22, 2004 -- Warren Resources, Inc. Completes Initial Public Offering

December 17, 2004 -- Warren Resources, Inc. Announces Pricing of Initial Public Offering at $7.50 Per Share

August 29, 2004 -- Warren Resources Declares Quarterly Dividend on 8% Preferred Stock

August 25, 2004 -- Warren Resources, Inc. Files Registration Statement for Initial Public Offering

March 17, 2004 -- Warren Resources Announces New Executive Appointments

February 6, 2004 -- Warren Resources Completes $14 Million Equity Private Placement

December 1, 2003 -- Warren Resources Board Elects New Independent Director

November 19, 2003 -- Warren Resources Declares Dividend on 8% Preferred Stock

May 21, 2003--Warren Resources Declares Preferred Stock Dividend

January 23, 2003 - - Warren Resources Appoints Two New Senior Vice Presidents

December 20, 2002 - - Anadarko and Warren Resources Announce Agreement to Explore for and Develop Coalbed Methane Resources in Wyoming

September 10, 2002 -- Warren Resources Completes Reincorporation

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