China North East Petroleum Will Present at Rodman & Renshaw Annual Global Investment Conference

• Press Release
• Source: China North East Petroleum Holdings Limited
• On 8:30 am EDT, Tuesday September 1, 2009

HARBIN, China and NEW YORK, Sept. 1 /PRNewswire-Asia-FirstCall/ -- China North East Petroleum Holdings, Limited (NYSE Amex: NEP; 'NEP'), a leading oil producing company in Northern China, announced today that the Company's management team will present at the upcoming Rodman & Renshaw Annual Global Investment Conference.

The date, time and location of China North East Petroleum's presentation at the Rodman & Renshaw Conference are as follows:

    Date:           Wednesday, September 9, 2009
    Time:           12:05 PM EDT
    Presenters:     Mr. Chao Jiang, Executive Vice President of Finance
                    Mr. Robert Bruce, Director of the Board
    Venue:          Asia Track
                    New York Palace Hotel
                    New York, NY
    Webcast:        http://wsw.com/webcast/rrshq15/nep/

A replay of the presentation will be available for 90 days following the live presentation using the same link and will also be available on the Company's website at http://www.cnepetroleum.com/ . During the conference, the management will be available to meet with analysts and portfolio managers. Interested parties and investors who wish to meet with China North East Petroleum management may contact LK@rodm.com or call (212) 430-1782. Participation in the Rodman & Renshaw Annual Global Investment Conference is by invitation only.

About Rodman & Renshaw, LLC.

Rodman & Renshaw, LLC is a full service investment bank dedicated to providing investment-banking services to companies that have significant capital needs, along with research and sales and trading services to investor clients. Rodman is a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets according to PrivateRaise a service of DealFlow Media Inc. and Sagient Research Systems, Inc.

ABOUT CHINA NORTH EAST PETROLEUM (NYSE Amex: NEP)

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. For more information about the Company, please visit http://www.cnepetroleum.com .

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.

    For more information, please contact:

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

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

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