Saratoga Resources, Inc. Receives Approval for Listing on NYSE Amex

Saratoga Resources, Inc. (OTCQB: SROE), today announced that it has
received notification that its common stock has been approved for
listing on the NYSE Amex stock exchange and has chosen J. Streicher &
Co., L.L.C. as its designated market maker. Saratoga expects its common
stock to begin trading on the NYSE Amex under the trading symbol "SARA′
on July 20, 2011. Saratoga′s common stock will continue to trade on the
OTCQB under its current symbol, 'SROE.PK,? until such date.

'Our listing on the NYSE Amex marks a significant milestone in the
transformation of our company,? said Thomas F. Cooke, Chairman and Chief
Executive Officer. 'Over the past several years we have weathered an
unprecedented decline in commodity prices and exited bankruptcy,
preserving our equity holders′ interests intact and paying our creditors
one hundred cents on the dollar. We have since refinanced our debt and
strengthened our balance sheet with the infusion of additional equity
while improving our bottom line through increasing production, a rebound
in commodity prices and a sharp focus on controlling costs through
operating efficiencies. We believe that our recently announced
successful equity raises, including the participation of funds managed
by Blackstone Group (NYSE: BX) affiliate GSO Capital Partners as lead
investor, together with our move to the NYSE Amex is a reflection on the
great strides we have made as a company. We expect our listing on the
NYSE Amex to result in increased visibility within the investment
community and additional liquidity in the capital markets for our common
stock.?

'We welcome Saratoga Resources to the NYSE Euronext family of listed
companies and to NYSE Amex,? said Scott Cutler, Executive Vice
President, NYSE Euronext. 'Saratoga and its shareholders will benefit
from superior market quality and technology, a broad array of issuer and
investor services, and a global brand association. We look forward to
building a strong and lasting partnership with the Company and its
shareholders.? For more information, please visit: www.saratogaresources.com.

About Saratoga Resources

Saratoga is an independent exploration and production company with
offices in Houston, Texas and Covington, Louisiana. Principal holdings
cover 33,869 gross (31,125 net) acres, mostly held-by-production,
located in the transitional coastline and protected in-bay environment
on parish and state leases of south Louisiana. Saratoga's stock
currently trades on the OTC Market under the symbol 'SROE.PK'.

About NYSE Euronext

NYSE Euronext (NYX) is a leading global operator of financial markets
and provider of innovative trading technologies. The company's exchanges
in Europe and the United States trade equities, futures, options,
fixed-income and exchange-traded products. With approximately 8,000
listed issues (excluding European Structured Products), NYSE Euronext's
equities markets ? the New York Stock Exchange, NYSE Euronext, NYSE
Amex, NYSE Alternext and NYSE Arca ? represent one-third of the world's
equities trading, the most liquidity of any global exchange group. NYSE
Euronext also operates NYSE Liffe, one of the leading European
derivatives businesses and the world's second-largest derivatives
business by value of trading. The company offers comprehensive
commercial technology, connectivity and market data products and
services through NYSE Technologies. NYSE Euronext is in the S&P 500
index, and is the only exchange operator in the Fortune 500. For more
information, please visit: http://www.nyx.com.

Forward-looking Statements

Statements in this press release, other than statements of historical
information, are forward-looking statements that are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements involve known and unknown risks
which may cause the Company′s actual results in future periods to differ
materially from expected results. Those risks include, among others,
risks associated with increased competition, results of drilling and
development operations, production levels, commodity prices, ability to
control operating costs and other business factors beyond the Company′s
control. Those and other risks are described in the Company′s filings
with the Securities and Exchange Commission, copies of which are
available from the SEC or may be obtained upon request from the Company.

Saratoga Resources, Inc.

Thomas F. Cooke, CEO, 713-458-1560

or

Andy
Clifford, President, 713-458-1560

www.saratogaresources.net