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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
892986	Warren Resources Inc	WRES	Crude Petroleum & Natural Gas (1311)	113024080

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1616106	A Lance Peterson	1114 Avenue Of The Americas 34Th Floor New York NY 10036	Interim Chief Executive Office	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-12-10	160,000	$1.46	3,493,334	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.36 to $1.52, inclusive. The reporting person undertakes to provide to Warren Resources, Inc., any security holder of Warren Resources, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Includes 3,333,334 shares in which Mr. Peterson held a pecuniary interest that were previously owned directly by Citrus Energy Corporation ("Citrus"). On December 4, 2014, Citrus transferred these shares to Mr. Peterson pursuant to an in-kind dividend of all of the shares of Warren Resources, Inc. The remaining 3,333,333 shares previously reported to have been held by Citrus were transferred to the other stockholder of Citrus in connection with such in-kind dividend