October 26, 2009 (FinancialWire) — Warren Resources, Inc.  (NASDAQ: WRES), an oil and gas exploration and production company, is commencing an offering of shares of its common stock in a public offering. BMO Capital Markets and RBC Capital Markets are acting as the joint book runners for the offering.

The offering is being made pursuant to a shelf registration statement filed with the Securities and Exchange Commission dated September 28, 2009, which became effective on October 2, 2009. A prospectus supplement relating to the offering will be filed with the Securities and Exchange Commission.

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