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Wednesday, 03/11/2009 6:42:37 AM

Wednesday, March 11, 2009 6:42:37 AM

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WEBCAST ALERT: Parallel Petroleum Announces
Management Presentation at Raymond James Institutional Investors Conference
MIDLAND, Texas, Mar 09, 2009 (BUSINESS WIRE) -- Parallel Petroleum Corporation (NASDAQ: PLLL) today announced that its President & CEO, Larry C. Oldham, will present at the Raymond James & Associates 30th Annual Institutional Investors Conference on Wednesday, March 11, 2009, at 12:10 p.m. Eastern Time. The conference will be held at the JW Marriott, Grande Lakes, located in Orlando, Florida on Monday through Wednesday, March 9-11, 2009.
Parallel's presentation will be webcast live, complete with slide show. The webcast and slide show may be accessed live on Wednesday, March 11, 2009, at 12:10 p.m. Eastern Time (11:10 p.m. Central Time), at Parallel's web site, http://www.plll.com, or at http://www.wsw.com/webcast/rj43/plll/. The webcast will not be replayed or archived.


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