Parallel Petroleum Corporation (NASDAQ: PLLL)

Parallel Petroleum Corporation (NASDAQ: PLLL), an independent energy company headquartered in Midland , Texas, is focused on the acquisition, development, exploration and production of oil and gas using enhanced oil recovery techniques and 3-D seismic technology. The company’s primary areas of operation are the Permian Basin of West Texas, Gulf Coast of South Texas, East Texas, and its three newly announced areas of North Texas, New Mexico and Utah. For further information, visit the Company’s web site at www.parallel-petro.com.