The Meridian Resource Corporation Reports 3Q05 Earnings

The Meridian Resource Corporation (NYSE: TMR) reported an update to its earnings guidance for the third quarter of 2005. Previously, due to the unique events of the past quarter, the Company provided a preliminary range of earnings guidance for third quarter 2005 ranging between $0.00 and $0.02 per fully diluted share. The Company has since examined the full impact of the hurricanes on production and the events that followed. Based on the most current information, expectations of earnings for the third quarter should be adjusted to a range between $0.01 and $0.04 per fully diluted share. The specifics relating to these and other items affecting earnings will be discussed in more detail when the Company announces third quarter earnings.

The Company will report third quarter 2005 financial and operational results on Wednesday, November 9, 2005.