X0303 4 2009-03-10 0 0000029834 DOUBLE EAGLE PETROLEUM CO DBLE 0001234310 DEGENFELDER D STEVEN 1675 BROADWAY SUITE 2200 DENVER CO 80202 0 1 0 0 Vice President Common Stock 2009-03-10 4 A 0 7902 3.48 A 114720 D Options: Right to Buy 14.00 Common Stock 30000 30000 D Options: Right to Buy 14.81 Common Stock 48608 48608 D The restricted shares, granted by the Board of Directors to Mr. Degenfelder based upon the closing price of the Company's common stock as of March 10, 2009, were issued under the Company's 2007 Incentive Stock Plan in connection with the Company's bonus plan for services performed in 2008. 20% of these options become exercisable on each of 3/24/2005, 2006, 2007, 2008 and 2009. Each will expire and terminate if not exercised sooner on the fifth anniversary date that it first becomes exercisable. 20% of these optioons become exercisable on each of December 31, 2008, 2009, 2010, 2011 and 2012. Each option will expire and terminate, if not exercised or terminated sooner, on September 4, 2015. /s/ D. Steven Degenfelder 2009-03-12