Looks like computer ran out of available system page table entries. Try looking if the /3GB switch or the /PAE switches are present in the Boot.ini. If so, try tweaking the SystemPages parameter located in the HKLM\System\CurrentControlSet\Control\Session Manager\Memory Management key:
1. Open regedit
2. Navigate to HKLM\System\CurrentControlSet\Control\Session Manager\Memory Management path
3. Create REG_DWORD SystemPages parameter and set the decimal value 31000 for it
Read
KB 893712 for more details.
Also try flushing the page file. IT could be system looks for wrong location of paging because of raid. Try to disable the page file on current disk and relocate it to another.
1. Press Start+PauseBreak key to launch the System Properties dialog box
2. Switch to Advanced tab
3. In the Performance click Settings button and switch to Advanced tab
4. In the Virtual memory section click Change button, select you disk where the paging file resides
5. Set radio button to No paging file and cick set
6. Select another disk, select System managed size and click Set button
Alternatively you can set paging size manually setting the minimal size to the size of ram and the maximum to double size of available ram
Other suggestions may be trying to use LastKnownGood but I don't think it's needed here. Furthermore. be careful when using it as it can revert to the very first sytem boot, if you are thinking about repairing, try using System Restore or Windows Recovery Console first.