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

PARALLEL PETROLEUM CORP 4