Crimson Exploration Inc. to Present at the Johnson Rice 3rd Annual Emerging Growth...

Crimson Exploration Inc. to Present at the Johnson Rice 3rd Annual Emerging Growth Energy Conference

HOUSTON--(Business Wire)--Crimson Exploration Inc. (OTCBB:CXPO) announced today that Allan
Keel, President & Chief Executive Officer, and Joe Grady, Senior Vice
President & Chief Financial Officer, will be presenting at the Johnson
Rice 3rd Annual Emerging Growth Energy Conference in Houston, Texas on
Wednesday, January 23, 2008 at the St. Regis Hotel. The presentation
will begin at 1:30 p.m. (Central Standard Time). A live webcast and
replay of the presentation will be available from the following link:

http://www.wsw.com/webcast/jr7/cxpo.ob/

The replay will be available a few minutes after the presentation
and will remain available for 90 days.

The webcast and supporting presentation slides will also be
available in the Investor Relations section of Crimson Exploration
Inc.'s website at http://www.crimsonexploration.com.

Crimson Exploration is an independent oil & gas company based in
Houston, Texas, with producing assets primarily focused in South
Texas, the Texas Gulf Coast, & South Louisiana.

Additional information on Crimson Exploration Inc. is available on
the Company's website at http://crimsonexploration.com.

Safe Harbor Statement:

Certain statements included in this presentation are
"forward-looking statements" under the Private Securities Litigation
Reform Act of 1995. Crimson Exploration Inc. ("Crimson" or "the
Company") cautions that strategic plans, assumptions, expectations,
objectives for future operations, projections, intentions, or beliefs
about future events may, and often do, vary from actual results and
the differences can be material. Some of the key factors which could
cause actual results to vary from those Crimson expects include
changes in natural gas and oil prices, the timing of planned capital
expenditures, availability of acquisitions, uncertainties in
estimating proved reserves and forecasting production results,
operational factors affecting the commencement or maintenance of
producing wells, the condition of the capital markets generally, as
well as the Company's ability to access them, and uncertainties
regarding environmental regulations or litigation and other legal or
regulatory developments affecting Crimson's business. Statements
regarding future production are subject to all of the risks and
uncertainties normally incident to the exploration for and development
and production of oil and gas. These risks include, but are not
limited to, inflation or lack of availability of goods and services,
environmental risks, drilling risks and regulatory changes and the
potential lack of capital resources. The SEC has generally permitted
oil and gas companies, in filings made with the SEC, to disclose only
proved reserves that a company has demonstrated by actual production
or conclusive formation tests to be economically and legally
producible under existing economic and operating conditions. The
Company and its independent third party reservoir engineers use the
terms "probable" and "possible" to describe volumes of reserves
potentially recoverable through additional drilling or recovery
techniques that the SEC's guidelines may prohibit the Company from
including in filings with the SEC. These estimates are by their nature
more speculative than estimates of proved reserves and accordingly are
subject to substantially greater risk of being actually realized by
the Company. All estimates of probable reserves in this presentation
have been prepared by independent third party engineers. More
information about the risks and uncertainties relating to Crimson's
forward-looking statements are found in the Company's SEC filings.

Crimson Exploration Inc., Houston
Senior Vice President and CFO
E. Joseph Grady, 713-236-7400
investorrelations@crimsonxp.com

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