Exhibit 99.2

This Statement on Form 4 is filed by: PLLL Holdings, LLC, Apollo Management VII, L.P., AIF VII Management, LLC, Apollo Management, L.P., Apollo Management GP, LLC, Apollo Management Holdings, L.P., and Apollo Management Holdings GP, LLC.The principal business address of each of the Reporting Persons is c/o Apollo Management VII, L.P., 9 West 57th Street, New York, NY 10019.

Name of Designated Filer:  PLLL Holdings, LLC

Date of Event Requiring Statement:  November 25, 2009

Issuer Name and Ticker or Trading Symbol:  Parallel Petroleum Corporation (PLLL)

PLLL HOLDINGS, LLC
By:		Apollo Management VII, L.P.
		Its Manager
		By:	AIF VII Management, LLC
			Its General Partner
			By:	/s/ Laurie D. Medley
			Name: Laurie D. Medley
			Title: Vice President
APOLLO MANAGEMENT VII, L.P.
By:		AIF VII Management, LLC
		Its General Partner
		By:	/s/ Laurie D. Medley
		Name: Laurie D. Medley
		Title: Vice President
AIF VII MANAGEMENT, LLC
By:	/s/ Laurie D. Medley
Name: Laurie D. Medley
Title: Vice President
APOLLO MANAGEMENT, L.P.
By:		APOLLO MANAGEMENT GP, LLC
		Its General Partner
		By:	/s/ Laurie D. Medley
		Name: Laurie D. Medley
		Title: Vice President

APOLLO MANAGEMENT GP, LLC
By:	/s/ Laurie D. Medley
Name: Laurie D. Medley
Title: Vice President
APOLLO MANAGEMENT HOLDINGS, L.P.
By:		APOLLO MANAGEMENT HOLDINGS, GP, LLC
		Its General Partner
		By:	/s/ Laurie D. Medley
		Name: Laurie D. Medley
		Title: Vice President
APOLLO MANAGEMENT HOLDINGS GP, LLC
By:	/s/ Laurie D. Medley
Name: Laurie D. Medley
Title: Vice President