China North East Petroleum to Present at Brean Murray 2009 China Growth Conference

HARBIN, China and NEW YORK, Nov. 16 /PRNewswire- Asia-FirstCall/ -- China North East Petroleum Holdings Ltd. (the "Company" or "NEP") (NYSE Amex: NEP), a leading independent oil producing and oilfield services company in Northern China, today announced that the Company will participate in the Brean Murray 2009 China Growth Conference in New York City on Friday, November 20th at the Millennium Broadway hotel.

Management is scheduled to present from 2:20-2:55pm ET on Friday, November 20th, and is available to meet with institutional investors throughout the day. Interested investors who wish to meet with NEP management may contact their respective Brean Murray institutional sales representative directly.

ABOUT CHINA NORTH EAST PETROLEUM

China North East Petroleum Holdings Limited is an independent oil company that engages in the production of crude oil in Northern China. The Company is a pioneer in China's private oil exploration and production industry, and the first Chinese non-state-owned oil company trading on the NYSE Amex.

The Company has a guaranteed arrangement with the PetroChina to sell its produced crude oil for use in the China marketplace. The Company currently operates four oilfields in Northern China. The Company also recently added an oil service subsidiary through its acquisition of Song Yuan Tiancheng Drilling Engineering Co. Ltd. ("Tiancheng"). For more information about the Company, please visit http://www.cnepetroleum.com.

For more information, please contact:

    United States:
    Chao Jiang
    Senior Vice President, Corporate Finance
    Tel:   +1-212-307-3568
    Email: chao.jiang@cnepetroleum.com

    Bill Zima
    ICR, Inc.
    Tel:   +1-203-682-8200

    China:
    Yang Dio Zhang
    Chief Financial Officer
    Tel:   +86-451-5558-0253
    Email: dio.zhang@cnepetroleum.com

SOURCE China North East Petroleum Holdings Limited