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Double Eagle Petroleum Reports Cash Dividend on its Series A Cumulative Preferred Stock


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[STK] NASDAQ-NMS:DBLE NASDAQ-NMS:DBLEP

[IN] OIL UTI

[SU] DIV

TO BUSINESS, AND ENERGY EDITORS:

Double Eagle Petroleum Reports Cash Dividend on its Series A

Cumulative Preferred Stock

DENVER, March 10, 2014 /PRNewswire/ -- Double Eagle Petroleum Co.

(NASDAQ: DBLE) reported today that its Board of Directors declared a

cash dividend on its 9.25% Series A Cumulative Preferred Stock

("Series A Preferred Stock") in the amount of $0.578125 per share,

payable on March 31, 2014 to shareholders of record as of March 21,

2014. The Series A Preferred Stock was issued on July 5, 2007 and

trades on the NASDAQ Capital Market under the symbol "DBLEP."

About Double Eagle

Double Eagle Petroleum Co., which is headquartered in Denver,

Colorado, explores, develops, and sells natural gas and crude oil,

with natural gas in the Rocky Mountain region. The Company currently

has development activities and opportunities in its Atlantic Rim coal

bed methane and in the Pinedale Anticline in Wyoming. Also,

exploration potential exists in its Niobrara acreage in Wyoming and

Nebraska, which totals over 70,000 net acres.

www.dble.com

SOURCE Double Eagle Petroleum Co.

-0- 03/10/2014

/CONTACT: John Campbell, IR, (303) 794-8445

/Web Site: http://www.dble.com

(NASDAQ-NMS:DBLE /

NASDAQ-NMS:DBLEP) /

CO: Double Eagle Petroleum Co.

ST: Colorado

IN: OIL UTI

SU: DIV

PRN

-- LA80105 --

0000 03/10/2014 16:58:00 EDT http://www.prnewswire.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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