China North East Petroleum Holdings, Limited
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China North East Petroleum Launches New Corporate Website

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China North East Petroleum Launches New Corporate Website

HARBIN, CHINA and NEW YORK, May 7 /Xinhua-PRNewswire-FirstCall/ -- China North East Petroleum Holdings, Limited (OTC Bulletin Board: CNEH), a leading oil producing company in Northern China, today announced that it has launched a redesigned website at http://www.cnepetroleum.com .

The site's new appearance and format provides significant improvements in the areas of content, navigation and design. Some highlights of the new website include an easy-to-navigate framework, an expanded investor section, profiles of the management team, detailed information about China North East Petroleum's products and technologies, downloadable presentations, financial statements, and an investor factsheet.

Mr. Hongjun Wang, President of China North East Petroleum commented, ''As a U.S.-listed company, we understand the need to expand our outreach and improve our visibility. We believe our new website captures the significant progress of our business and further demonstrates our commitment to improving our outbound communication. We encourage all shareholders and other interested parties to visit http://www.cnepetroleum.com .''

ABOUT CHINA NORTH EAST PETROLEUM

China North East Petroleum Holdings Ltd. is engaged in the production of crude oil in Northern China. The Company has a guaranteed arrangement with the Jilin Refinery of PetroChina to sell its produced crude oil for use in the China marketplace. The Company currently operates four oilfields in Northern China.

Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission.

SOURCE China North East Petroleum Holdings, Limited

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