C. K. Cooper & Company Initiates Coverage on Meridian Resource Corporation With a Long-Term, Short-Term: Buy IRVINE, Calif., Nov. 12 /PRNewswire/ -- C. K. Cooper & Company initiates coverage of Meridian Resource Corporation with a long-term and short-term buy rating. After careful review, we find the story at Meridian Resources very exciting. Recent success at the Company's 400,000 contiguous acre position in the Biloxi Marshlands sets the stage for several years of drilling inventory specifically focused on natural gas. These stratographic prospects are an ideal play for the Company providing the proper mix of risk and reward. Philip J. McPherson, Associate Director commented, "So far this year Meridian has a 100% success rate, drilling 5 for 5 in their Biloxi Marshlands play. The economic returns on these wells are astonishing and provide the necessary catalyst for the company's exploration program for several years. This first set of successes will allow the Company to capitalize on the high commodity price environment that we are currently experiencing in the United States." Meridian Resources Corporation closed Tuesday at $4.46 per share. C. K. Cooper & Company's clients may view this report by visiting: http://www.ckcooper.com/ . C. K. Cooper & Company will host a Conference Call on Today, November 12, 2003 at 8:30 AM pacific standard time to review this report. Clients may participant in this Conference Call by contacting their sales representative to obtain Conference Call information. For more information, please contact: Hue Lapham Research Assistant C. K. Cooper & Company Telephone: (949) 477-9300 18300 Von Karman Avenue, Suite 440 Facsimile: (949) 477-9211 Irvine, California 92612 E-Mail: C. K. Cooper & Company is an investment banking/brokerage boutique that specializes in the energy sector with an emphasis on exploration and production companies. Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Because of individual client objectives, this report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. This report is not to be construed as an offer or the solicitation of an offer to buy or sell the securities herein mentioned. From time to time, this firm, its affiliated entities and/or their respective directors, officers, employees or members of their immediate families may have long or short positions in the securities mentioned in this report. These securities may be sold to or purchased from customers or otherwise by this firm, its affiliated entities, and/or its directors, officers, employees or members of their immediate families, as principle or agent. C.K. Cooper & Company is a member of the National Association of Securities Dealers, CRD number 106578. DATASOURCE: C.K. Cooper & Company CONTACT: Hue Lapham, Research Assistant of C. K. Cooper & Company, +1-949-477-9300, or fax, +1-949-477-9211, Web site: http://www.ckcooper.com/

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