Warren Resources, Inc.

Norman F. Swanton - Mr. Swanton is and has been our President, Chairman of the Board and Chief Executive Officer since Warren Resources, Inc. was founded in June 1990. From October 1986 to 1990, he served as an independent financial advisor, arranging debt restructuring, credit facilities, leveraged buy-out financing, debt-for-equity exchanges, equity financing and providing other financial services. From 1972 to 1985, he served as Chairman of the Board, President and Chief Executive Officer of Swanton Corporation, a publicly held company engaged in financial services and energy operations; and President and founder of Low Sulphur Fuel Company, a marine terminal residual fuel oil blending operation. From 1970 to 1972, he served as a principal consultant to the Trust Fund of the New York Stock Exchange, serving as its representative in the liquidation of several former New York Stock Exchange member firms. From 1961 to 1972, he served as an executive officer for Glore, Forgan, Staats, Inc. and a divisional controller for Hayden Stone, Inc. which were New York Stock Exchange member securities and underwriting firms. Mr. Swanton received his Bachelor of Arts degree with honors in History and Political Science from Long Island University in 1962 and attended Bernard Baruch Graduate School of Business in a graduate degree program in Accountancy and Finance from 1963 to 1966. He is the brother-in-law of Thomas G. Noonan, one of our directors.

Timothy A. Larkin - Mr. Larkin is our Executive Vice President and Chief Financial Officer of the Company. From January 1995 to March 2004, he served as our Senior Vice President and Chief Financial Officer. From 1991 to 1994, he served as Accounting Manager of Palmeri Fund Administrators, Inc., an administrative services company providing accounting, administrative and accounting investment support to over 50,000 limited partners in investment funds primarily sponsored by Merrill Lynch and Oppenheimer & Co. Inc. From 1985 to 1991, he was employed in the audit department of Deloitte & Touche, LLP, an international public accounting firm, attaining the level of audit manager. Mr. Larkin received his Bachelor of Science in Accounting from Villanova University in 1985.

David E. Fleming - Mr. Fleming joined Warren in July 2001 as a Senior Vice President and General Counsel. He also became our Corporate Secretary in September 2002. From January 1999 to June 2001, he was a partner with the law firm of Cummings & Lockwood, where he practiced corporate, securities and energy law. For the five years prior thereto, he practiced corporate, securities and energy law at Epstein, Becker & Green, P.C., New York, New York, where he was a member of the firm. Mr. Fleming received a Bachelor of Arts degree from Cornell University in 1976 and a Juris Doctor, cum laude, from the University of Maryland School of Law in 1980. He is admitted to practice law in the states of New York, Connecticut and Maryland. Mr. Fleming is a member of the American Bar Association, the American Corporate Counsel Association and the Federal Energy Bar Association.

Ellis G. Vickers - Mr. Vickers is our Senior Vice President - Land Management and Regulatory Affairs. Since September 2001, he has also served as Vice President and Associate General Counsel and is the Senior Vice President and General Counsel of Warren E&P Inc. From 1995 through December 2001, Mr. Vickers practiced law with the New Mexico based law firm of Bozarth & Vickers. He focused his practice on corporate, securities, oil and gas, real estate and partnership law and is a New Mexico Board of Legal Specialization Recognized Specialist in Oil and Gas Natural Resources. Mr. Vickers resigned from his law firm partnership to become full-time at Pedco commencing January 1, 2002. Mr. Vickers received his Bachelor of Science degree in Political Science, summa cum laude, from Eastern New Mexico University in 1979 and a Juris Doctor from the University of New Mexico in 1982. He is admitted to practice law in the states of New Mexico and Texas.

Kenneth A. Gobble - Mr. Gobble is President and Chief Operating Officer of our principal operating subsidiary, Warren E&P. From 2002 through March 2004 he was Senior Vice President - Exploration and Production. From 1996 through 2002, he was Vice President of Engineering for Warren E&P. Prior to 1996, Mr. Gobble had extensive experience with major service companies including Schlumberger Well Services. Additionally, Mr. Gobble has extensive experience in numerous advanced applications for natural gas and oil drilling operations including logging-while-drilling, wire-line, gamma ray, 3-D seismic, horizontal drilling and coalbed methane development. Mr. Gobble received his Bachelor of Science degree in Petroleum Engineering and a Bachelor of Science degree in Mathematics from New Mexico Institute of Mining and Technology in 1986.

Stewart P. Skelly - Mr. Skelly has served as our Assistant Controller since 2000 and Corporate Controller since 2002. On March 17, 2004, Mr. Skelly was appointed a Vice President of Warren Resources. From 1997 to 2000, Mr. Skelly was employed by News Corp., a global media conglomerate, attaining the level of Accounting Manager. From 1992 to 1997, Mr. Skelly was employed by Kearney McArdle, a midsize public accounting firm in Ireland, attaining the level of audit senior. Mr. Skelly is a graduate of Griffith College Dublin and is a Chartered Certified Accountant.