WHIT Whittier Energy Corp (MM)

Whittier Energy Corporation (NASDAQ:WHIT) confirmed today that it is engaged in discussions with Sterling Energy plc (LSE:SEY.L) regarding a potential acquisition of the Company by Sterling. The Company said that there can be no assurance that these discussions will result in any transaction. The Company said that it does not intend to comment or provide updates on the discussions until they are concluded. Whittier Energy Corporation is an independent oil and gas exploration and production company headquartered in Houston, Texas, with operations in Texas, Louisiana and Mississippi. Whittier Energy also holds non-operated interests in fields located in the Gulf Coast, Oklahoma, Wyoming and California. To find out more about Whittier Energy Corporation (NASDAQ:WHIT), visit www.whittierenergy.com. Forward-Looking Statements This news release includes projections and other "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These statements reflect Whittier's current views about future events and performance. No assurances can be given that these events or performance will occur as projected and actual results may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof, and Whittier undertakes no obligation to update such forward-looking statements.