CRESCENT RESOURCES SUCCESSFULLY
EMERGES FROM CHAPTER 11

On June 10, 2009, Crescent Resources, LLC and certain of its affiliates and subsidiaries (together, the "Debtors") commenced cases under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Western District of Texas, Austin Division (the "Bankruptcy Court"). The Debtors' cases are being jointly administered under case number 09-11507 (CAG).

For additional information about the Debtors' case, including how and where to submit a proof of claim, please access the Bankruptcy Court’s website at www.txwb.uscourts.gov or call the Office of the Clerk of the Bankruptcy Court at 210.472.6720.