IRVINE, Calif., May 30 /PRNewswire/ -- C. K. Cooper & Company, an independent, full-service investment bank, announced today that Director of Research Phil McPherson has left the firm to pursue an entrepreneurial opportunity. As a result, the firm has temporarily suspended coverage of all issues while Mr. McPherson's successor is identified. "Phil is a very aggressive thinker, and he felt the time was right to explore a new step in his career," said managing director Alexander G. Montano, who has been named a top industry analyst by the Wall Street Journal and Zack's. "We thank Phil for his contribution in helping to build a world-class research team at C. K. Cooper that together with our investment banking, institutional sales, private client and other services makes us a leading independent investment bank serving the small-cap market." Those issues with coverage temporarily suspended include: Company Ticker Exchange Abraxas Petroleum Corp. ABP AMEX Arena Resources Inc. ARD NYSE ATP Oil & Gas ATPG NASDAQ Berry Petroleum BRY NYSE Canadian Superior Energy SNG AMEX Edge Petroleum Corp. EPEX NASDAQ Endeavour International Corp. END AMEX Goodrich Petroleum GDP NYSE Harvest Natural Resources HNR NYSE Petroleum Dev. Corp. PETD NASDAQ PRB Energy Inc. PRB AMEX TXCO Resources Inc. TXCO NASDAQ Toreador Resources Corp. TRGL NASDAQ C. K. Cooper & Company expects to resume coverage of these issues in the near future. C. K. Cooper & Company C. K. Cooper & Company is a full-service investment bank headquartered in Irvine, California. The Company is focused on providing superior and insightful research coverage to its clients; innovative investment banking solutions supported by sales and trading services; and portfolio advisory and management services for private clients. Though C. K. Cooper & Company has been noted for a variety of measures of accomplishment, we chart our success by only one metric: The growth of our clients. For more about C. K. Cooper & Company, visit http://www.ckcooper.com/. The information contained herein is not a complete analysis of every material fact respecting any company, industry or security. Although opinions and estimates expressed herein reflect the current judgment of C. K. Cooper & Company, the information upon which such opinions and estimates are based is not necessarily updated on a regular basis; when it is, the date of the change in estimate will be noted. In addition, opinions and estimates are subject to change without notice. This Report contains forward-looking statements, which involve risks and uncertainties. Actual results may differ significantly from the results described in the forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in "Investment Risks." C. K. Cooper & Company from time to time perform corporate finance or other services for some companies described herein and may occasionally possess material, nonpublic information regarding such companies. This information is not used in the preparation of the opinions and estimates herein. While the information contained in this Report and the opinions contained herein are based on sources believed to be reliable, C. K. Cooper & Company has not independently verified the facts, assumptions and estimates contained in this Report. Accordingly, no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions contained in this Report. C. K. Cooper & Company, its managing directors, its affiliates, and/or its employees may have an interest in the securities of the issue(s) described and may make purchases or sales while this report is in circulation. DATASOURCE: C. K. Cooper & Company CONTACT: C. K. Cooper & Company, +1-949-477-9300, +1-949-477-9211 fax, ; or Mark Collinson of CCG Investor Relations and Strategic Communications, +1-310-231-8600, Web site: http://www.ckcooper.com/

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