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

HOUSTON -- 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.