OREANDA-NEWS. On March 16, 2007 Double Eagle Petroleum Co. (Nasdaq: DBLE) reported that it is filing a Form 12b-25 with the Securities and Exchange Commission in order to obtain an automatic fifteen days extension, to April 2, 2007, for filing its Form 10-K for its fiscal year ended December 31, 2006, reported the press-service of Double Eagle Petroleum. The Company encountered unexpected delays in its internal analysis of certain oil and gas reserve information and needs additional time to properly develop the related disclosures to be included in the Form 10-K.

On March 14, 2007, Double Eagle reported its anticipated results for the year ended December 31, 2006. At this time, the Company does not anticipate changes to the data previously released. About Double Eagle Founded in 1972, Double Eagle Petroleum Co. explores for, develops, and sells natural gas and crude oil, with natural gas constituting more than 90% of its production and reserves. The Company's current development activities are in its Atlantic Rim coal bed methane play and in the Pinedale Anticline in Wyoming. Its current exploration activities involve the Christmas Meadows Prospect in northeastern Utah as well as the Cow Creek Unit Deep and South Fillmore prospects in southwestern Wyoming.