News Releases

 
NYSE Amex to Continue Trading Halt in Common Stock of China North East Petroleum Holdings Limited
NEW YORK, March 15, 2012 – NYSE Regulation, Inc. (“NYSE Regulation”) announced today that trading on the NYSE Amex in the Common Stock of China North East Petroleum Holdings Limited (the “Company”) – ticker symbol NEP – will remain halted following expiration of the temporary trading suspension initiated by the Securities and Exchange Commission (“SEC”) while NYSE Regulation evaluates the need for further disclosures and the continued listing eligibility of the Company.
 
NYSE Regulation initiated its trading halt with respect to the Company’s Common Stock on March 1, 2012, in connection with the Order of Suspension of Trading In the Matter of China North East Petroleum Holdings Limited, File Number 500-1 (March 1, 2012).  NYSE staff continued the trading halt with respect to the Company’s Common Stock following expiration of the SEC’s temporary trading suspension at 11:59 p.m. on March 14, 2012 because the issues relating to the accuracy and completeness of information contained in the Company’s public filings identified by the SEC remain unresolved.
 
Company contact:
China North East Petroleum Investor Relations Department
Tel: +1-646-308-1707