Carbon Shareholders Approve Merger DENVER, Oct. 28 /PRNewswire-FirstCall/ -- Carbon Energy Corporation announced today that its shareholders at a special meeting approved the proposed merger of Carbon with a subsidiary of Evergreen Resources, Inc. In the merger each share of Carbon stock will be converted into .55 shares of Evergreen common stock. Carbon expects the merger to close on October 29, 2003. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Although Carbon believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect Carbon's operations, financial performance and other factors as discussed in Carbon's filings with the Securities and Exchange Commission. Among the factors that could cause results to differ materially are those risks discussed in the prospectus filed with the Securities and Exchange Commission by Evergreen on September 25, 2003 in connection with the proposed merger. For more information, please contact, Patrick R. McDonald, Chief Executive Officer, +1-303-785-2603, or Cindy L. Yarbrough, Manager, Investor Relations, +1-303-785-2631, , both of Carbon Energy Corporation. Office Locations: Carbon USA 1700 Broadway, Suite 1150 Denver, CO 80290 Carbon Canada 1750, 530 8th Avenue S.W. Calgary, AB T2P 3S8 Canada http://www.carbonenergy.com/ DATASOURCE: Carbon Energy Corporation CONTACT: Patrick R. McDonald, Chief Executive Officer, +1-303-785-2603, or Cindy L. Yarbrough, Manager, Investor Relations, +1-303-785-2631, , both of Carbon Energy Corporation Web site: http://www.carbonenergy.com/

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