Fiscal 2008 June 9, 2008 CREDO Petroleum Reports Record First Half 2008 Earnings June 4, 2008 CREDO Petroleum Corporation Announces Strategic Investment  in the Company  by RCH Energy Opportunity Fund II, LP May 13, 2008 CREDO Updates Drilling Activity March 6, 2008  CREDO Petroleum Reports First Quarter 2008 Earnings Fiscal 2007 January 14, 2008 CREDO Petroleum Reports Record Earnings for 2007 January 3, 2008 CREDO Petroleum Reports Record Reserves for Fiscal 2007 December 17, 2007 CREDO Petroleum Updates Information Regarding Its Natural Gas Price Hedges December 11, 2007 CREDO Updates Drilling Activities - New Wells Result in One Wildcat Discovery and Two New Pool Discoveries December 3, 2007 Calliope Track Record Demonstrates Compelling Economic and Operating Results November 15, 2007 CREDO Updates Drilling Activities - Recent Drilling Yields Continued Success in Oklahoma, Texas and Kansas October 4, 2007 CREDO Announces Stock Repurchase Program September 10, 2007 CREDO Petroleum Reports Strong Interim 2007 Financial Results August 15, 2007 Calliope Gas Recovery System Converts Recent Dry Hole Into Highly Economic Gas Well August 13, 2007 Calliope Gas Recovery System Surpasses a Billion Cubic Feet of Incremental Gas Production on J.C. Carroll Well August 8, 2007 CREDO Petroleum Updates Information Regarding Its Natural Gas Price Hedges August 6, 2007 CREDO Updates  Drilling Activities June 11, 2007 CREDO Petroleum Reports Record First Half 2007 Earnings May 22, 2007 CREDO Updates Drilling Activities April 30, 2007 CREDO Petroleum Terminates Agreement; Enters into New Joint Venture to Use Calliope April 16, 2007 USA Today Ranks CREDO Petroleum Among the 25 Top-Performing Stocks of the Past 25 Years April 4, 2007 CREDO Petroleum Corporation Approved for NASDAQ Global Market Listing March 13, 2007 CREDO Petroleum Reports First Quarter Earnings March 13, 2007 CREDO Petroleum Updates Information Regarding Its Natural Gas Price Hedges February 21, 2007 CREDO Releases the Text of the Report to Shareholders Contained in Its 2006 Annual Report Fiscal 2006 January 11, 2007 CREDO Petroleum Reports 17% Increase in Fiscal 2006 Earnings to $0.62 Per Share January 5, 2007 CREDO Provides Overview of Fiscal 2006 Drilling and Calliope Operations  November 21, 2006 CREDO Petroleum Updates Natural Gas Hedging October 23, 2006 Forbes Magazine Again Ranks CREDO Among Its 200 Best Small Companies September 27, 2006 CREDO Updates Drilling Activities September 14, 2006 CREDO Petroleum Reports 31% Increase in First Nine Months of 2006 Earnings August 15, 2006 CREDO Announces Financial and Accounting Personnel Changes July 25, 2006 CREDO Announces Calliope Joint Venture for New Wells in Large Texas Gas Fields June 29, 2006 FORTUNE Small Business Magazine Ranks CREDO Among America's 100 Fastest-Growing Small Companies June 20, 2006 CREDO Updates Drilling Activities June 14, 2006 CREDO Petroleum Reports 56% Increase in First Half 2006 Earnings May 10, 2006 CREDO Updates Drilling Activities March 20, 2006 CREDO Petroleum Reports 98% Increase in First Quarter 2006 Earnings February 23, 2006 CREDO Releases the Text of the Report to Shareholders Contained in its 2005 Annual Report February 16, 2006 CREDO Updates Drilling Activities Fiscal 2005 January 10, 2006 CREDO Petroleum Reports 42% Increase in Fiscal 2005 Earnings to $0.56 Per Share November 28, 2005 CREDO Updates Drilling and Calliope Gas Recovery System Activities September 14, 2005 CREDO Petroleum Reports 75% Increase in Third Quarter 2005 Earnings September 13, 2005 CREDO Petroleum Announces Three-For-Two Stock Split August 16, 2005 CREDO Updates Drilling and Calliope Gas Recovery System Activities July 14, 2005 CREDO Reports Successful Drilling on its Northern Anadarko Shelf Acreage June 23, 2005 FORTUNE Small Business Magazine Ranks CREDO Among America's 100 Fastest-Growing Small Companies June 20, 2005 CREDO Petroleum Selected for Inclusion in the New Russell Microcap Index June 14, 2005 CREDO Petroleum Reports 50% Increase in Second Quarter 2005 Earnings June 7, 2005 CREDO Announces Successful Drilling Results in the Northern Anadarko Basin of Oklahoma May 5, 2005 CREDO Updates Calliope Gas Recovery System Activities May 4, 2005 CREDO Announces Successful Drilling Results and Expansion of its Exploration Program March 17, 2005 CREDO Reports First Quarter 2005 Earnings March 17, 2005 CREDO Updates Drilling and Calliope Gas Recovery System Activities February 7, 2005 CREDO Updates Drilling Results January 31, 2005 CREDO Announces the Election of David W. Vreeman as Vice President and Chief Financial Officer January 20, 2005 CREDO Announces Financial Management Changes in Response to Increased Reporting Requirements January 14, 2005 CREDO Updates Drilling Activity Fiscal 2004 January 11, 2005 CREDO Reports Record Fiscal 2004 Earnings of $0.59 per Share January 6, 2005 CREDO Petroleum Reports Record Production and Reserves for Fiscal 2004 December 20, 2004 CREDO Updates Drilling and Calliope Gas Recovery System Activity October 20, 2004 Forbes Magazine Ranks CREDO 14th Among Its 200 Best Small Companies October 7, 2004 CREDO Assures Excellent Prices on a Portion of its Winter and Spring Production September 14, 2004 CREDO Reports Record Nine-Month Earnings September 14, 2004 CREDO Updates Drilling and Calliope Gas Recovery System Activity June 23, 2004 FORTUNE Small Business Magazine Again Ranks CREDO Among America's 100 Fastest-Growing Small Companies June 14, 2004 CREDO Reports Record Six-Month Earnings June 14, 2004 CREDO Updates Drilling and Calliope Gas Recovery System Activity May 13, 2004 Drilling Continues to Yield Successful Results on Credo's 40,000 Acre Inventory in the Northern Anadarko Basin of Oklahoma March 24, 2004 CREDO Petroleum Announces Three-for-Two Stock Split March 11, 2004 CREDO Reports Record First Quarter Earnings of $0.28 Per Share Fiscal 2003 January 7, 2004 CREDO Reports Record Fiscal 2003 Earnings of $0.78 Per Share December 17, 2003 CREDO Reports Record Production and Reserves for Fiscal 2003 and Updates Operations Results October 27, 2003 Drilling Continues to Yield Successful Results September 15, 2003 CREDO Reports Record Nine-Month Earnings September 15, 2003 CREDO Updates Drilling Results August 13, 2003 CREDO Updates Drilling and Calliope Gas Recovery System Activity June 12, 2003 CREDO Reports Record First Half Earnings June 12, 2003 CREDO Updates Drilling Results May 21, 2003 Calliope Successfully Installed on Four New Wells March 19, 2003 CREDO Announces Stock Dividend March 13, 2003 CREDO Reports Record First Quarter Earnings March 13, 2003 CREDO Updates Operations Results January 16, 2003 CREDO Updates Oklahoma Drilling Results Fiscal 2002 January 7, 2003 CREDO Reports $0.39 Per Share Fiscal 2002 Earnings November 21, 2002 CREDO Updates Calliope Gas Recovery System Operations October 11, 2002 CREDO Updates Successful Drilling Results, Hedging Program and Investments September 12, 2002 CREDO Reports Third Quarter and Nine-Month Results for 2002 - Natural Gas Production Increases 77% But Net Income Declines Due to Sharply Lower Gas Prices September 12, 2002 CREDO Updates Operations Results for Its Exploration Program in Northwestern Oklahoma and its Calliope Gas Recovery System August 8, 2002 CREDO Updates Successful Drilling Results in the Northern Anadarko Basin of Oklahoma July 11, 2002 CREDO Completes New Well Producing Approximately 1.9 Million Cubic Feet of Gas Per Day June 13, 2002 CREDO Reports An 82% Increase in Second Quarter Natural Gas Production; Net Income Declined due to Sharply Lower Product Prices June 13, 2002 CREDO Completes Three New Wells in the Northern Anadarko Basin of Oklahoma April 15, 2002 CREDO Announces a Second Well Producing 3.0 Million Cubic Feet of Gas Per Day on Its Sand Creek Prospect March 14, 2002 CREDO Reports a 77% Increase in Natural Gas Production; Net Income Declines due to Sharply Lower Product Prices Fiscal 2001 January 3, 2002 CREDO Reports $0.61 Per Share Fiscal 2001 Earnings November 7, 2001 CREDO Updates Northwestern Oklahoma Drilling Results September 25, 2001 CREDO Updates Its Financial Condition September 11, 2001 CREDO Posts Record Nine Months Financial Results June 18, 2001 CREDO Posts Record First Half Financial Results June 4, 2001 CREDO Updates Drilling Results in Beaver County, OK May 15, 2001 CREDO Updates Calliope Fluid Technology Results April 30, 2001 CREDO Updates Drilling Results March 15, 2001 CREDO Posts Record First Quarter Financial Results Fiscal 2000 January 8, 2001 CREDO Posts Record Results for Fiscal 2000 October 13, 2000 CREDO Announces New Web Site September 25, 2000 CREDO Acquires Unrestricted Exclusive License Covering Fluid Lift Technology for Low Pressure Gas Wells September 15, 2000 CREDO Posts Record Nine Months Financial Results June 15, 2000 CREDO Posts Record First Half Financial Results March 16, 2000 CREDO Posts Record First Quarter Financial Results Fiscal 1999 January 12, 2000 CREDO Posts Record Results for Fiscal 1999 September 16, 1999 CREDO Posts Record Nine Months Results June 14, 1999 CREDO Posts Record First Half Results March 10, 1999 CREDO Bucks Soft Energy Prices to Post an 80 Percent Increase in First Quarter Earnings Fiscal 1998   January 20, 1999 CREDO Petroleum Corporation Reports Fiscal 1998 Earnings and Operating Results September 16, 1998 CREDO Petroleum Corporation Reports Third Quarter and Nine Months Results June 18 ,1998 CREDO Petroleum Corporation Reports Second Quarter and First Half Earnings and Operating Results March 24, 1998 CREDO Petroleum Corporation Reports First Quarter Earnings and Operating Results February 17, 1998 CREDO Petroleum Corporation Announces Completion of a New Well in Ellis County, Oklahoma January 12, 1998 CREDO Petroleum Corporation Reports Fiscal 1997 Earnings and Operating Results

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