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Warren Resources, Inc. (WRES) announced today the appointment of Brian Gelman as Interim Chief Financial Officer, effective immediately.

Stewart P. Skelly, the current Vice President and Chief Financial Officer, has resigned, effective immediately, in order to pursue other opportunities in connection with the relocation of his family to Ireland. This mutually agreed departure is not related to any disagreement with the Company over its operations, policies or practices.

Mr. Gelman served as Warren’s Controller immediately prior to his appointment as Interim CFO and has been with the Company in various financial and accounting roles since 2002. From 1998 to 2002, Mr. Gelman was an audit senior with Eisner LLP. Mr. Gelman is a graduate of the State University of New York at Old Westbury with a bachelor’s degree in finance. He will continue in the position of Interim Chief Financial Officer while the Company conducts a search for a permanent CFO.

Mr. Dominick D’Alleva, the Chairman of Warren’s Board of Directors, stated, “We are pleased that Brian has agreed to step into the role of Interim CFO at this important time. With his extensive financial expertise and over ten years of experience with the Company, he is the right person to steward the financial health of the Company while we move swiftly to identify a permanent CFO. We wish Stewart all the best as he leaves Warren and thank him for his many years of fine service to the Company.”

About Warren Resources

Warren Resources, Inc. is an independent energy company engaged in the acquisition, exploration, development and production of domestic oil and natural gas reserves. Warren’s activities are primarily focused on oil in the Wilmington field in the Los Angeles Basin in California, natural gas in the Marcellus Shale in Pennsylvania, and a significant undeveloped acreage position in the Washakie Basin of Wyoming.