SOURCE: NASDAQ

April 07, 2006 10:30 ET

Parallel Petroleum Corporation [PLLL] CEO to Ring The NASDAQ Stock Market Opening Bell

Company Celebrates Anniversary

-- (MARKET WIRE) -- April 7, 2006 --


What:

Larry C. Oldham, President and CEO of Parallel Petroleum Corporation (NASDAQ: PLLL), will preside over the opening bell to celebrate its 16-year anniversary on the NASDAQ.

Where:

NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio

When:

Monday April 10th, 2006 at 9:30 a.m. EST

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5 C-band/transponder 14. The downlink frequency is 3980 horizontal; audio: 6.2/6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About Parallel Petroleum Corporation [PLLL]:

Parallel Petroleum is an independent energy company headquartered in Midland, Texas, engaged in the acquisition, exploration, development and production of oil and gas using 3-D seismic technology and advanced drilling, completion and recovery techniques. Parallel's primary areas of operation are the Permian Basin of West Texas and New Mexico, North Texas Barnett Shale, Onshore Gulf Coast of South Texas, East Texas and Utah/Colorado. Additional information on Parallel Petroleum Corporation is available at http://www.plll.com.

Contact Information

  • Contacts:
    Cindy Thomason
    Manager of Investor Relations
    (432) 684-3727
    Email Contact

    NASDAQ MarketSite:
    Stephanie Lowenthal
    646.441.5220