updated 4/26/2011 1:47:02 PM ET 2011-04-26T17:47:02

NEW YORK, April 26, 2011 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq:WRES), an independent oil and gas exploration and production company ("Warren"), will report first quarter 2011 financial and operating results on Wednesday, May 4, 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 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 May 4, 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 May 4, 2011. To access the replay, dial 888-286-8010, or if international dial 617-801-6888, and provide the confirmation code 26103883.

About Warren Resources

Warren Resources, Inc. is an independent energy company engaged in the exploration and development of domestic oil and natural gas reserves. Warren's activities are primarily focused on oil in the Wilmington field in California and natural gas in the Washakie Basin in Wyoming. 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.

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

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