GeoResources, Inc., (NASDAQ:GEOI), today announced the appointment of two independent directors, Bryant W. Seaman, III, and Donald J. Whelley. Seaman and Whelley were appointed to fill the vacancies on the Board arising from the March 30th resignations of two independent directors, Christopher W. Hunt and Scott R. Stevens, each of whom had served on the Board since April, 2007.

Seaman, age 57, has been Managing Director, Head of Family Company Advisory, Bessemer Trust, since November, 2005 advising clients regarding strategic alternatives, restructurings and recapitalizations, and liquidity events. From 2004 through October, 2005 he was a Partner, Merchant Banking, of Gregory & Hoenemeyer, Inc. From 2002 to 2004 he was Group Executive Vice President, International, of New York Stock Exchange, Inc. From 1998 through 2001 he was a Managing Director of Deutsche Banc Alex. Brown. From 1995 through 1997 he was a General Partner of Asia/Pacific Capital Partners, and from 1983 to 1995 he was a Managing Director, Investment Banking, and Credit Suisse First Boston. Mr. Seaman holds an A.B. degree in Political Science from Stanford University and MBA and Juris Doctor degrees from Columbia University.

Whelley, age 55, has been a Managing Member of DJW Advisors, LLC since 2008, advising clients on their direct oil and gas investments, strategic resources, litigation support and due diligence. From 1993 to 2008 he was Executive Vice President of John S. Herold, Inc., where he was Chief Financial Officer and responsible for managing valuation and consulting engagements. Prior to 1993 he held management positions with Damson Oil Corporation, B&D Equities, Inc., a broker-dealer; Granada Corporation, an agricultural biotech company; and Arthur Anderson & Co. Mr. Whelley holds a B.S. degree in Accounting from Clarkson University.

Frank A. Lodzinski, Chief Executive Officer and President of GeoResources, stated, “We thank Chris Hunt and Scott Stevens for their dedicated and valuable service to us for the past three years and we are going to miss their contributions to our company. We are very fortunate to have Bryant Seaman and Don Whelley join our Board and are extremely pleased that persons of their caliber chose to serve our company as independent directors.”

About GeoResources, Inc.GeoResources, Inc. is an independent oil and gas company engaged in the acquisition and development of oil and gas reserves through an active and diversified program which includes purchases of reserves, re-engineering, and development and exploration activities, currently focused in the Southwest, Gulf Coast, and the Williston Basin. For more information, visit our website at www.georesourcesinc.com.

Forward-Looking Statements

Information herein contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may," "will," "expect," "anticipate," "estimate" or "continue," or comparable words. All statements other than statements of historical facts that address activities that the Company expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the SEC reports of the Company, readers are encouraged to read our Annual Report on Form 10-K for the year ended December 31, 2009, and any and all other documents filed with the SEC regarding information about GeoResources for meaningful cautionary language in respect of the forward-looking statements herein. Interested persons are able to obtain free copies of filings containing information about GeoResources, without charge, at the SEC’s Internet site (http://www.sec.gov).

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