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VER Vecta Energy Corporation

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Share Name Share Symbol Market Type
Vecta Energy Corporation TSXV:VER TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Vecta Energy Corporation- Bakken Update

30/08/2011 3:07pm

Marketwired Canada


Vecta Energy Corporation (TSX VENTURE:VER) ("Vecta" or the "Company") regrets to
advise that negotiations with Vecta Oil & Gas, Ltd. ("VOG") for participation in
the Montana joint venture have failed to reach a positive conclusion and the
Joint Venture Agreement dated March 8, 2011 will be allowed to expire on August
31, 2011.


The Directors of Vecta will be meeting later this week to discuss alternative
strategies for the future of the Company.


To receive company news releases via e-mail, please advise admin@vectaenergy.com
and specify "Vecta Press Releases" in the subject line.


This news release contains forward-looking statements relating to the Company's
plans and other aspects of the Company's anticipated future operations,
strategies, financial and operating results and business opportunities.
Forward-looking statements typically use words such as "anticipate", "believe",
"project", "expect", "plan", "intent" or similar words suggesting future
outcomes, statements that actions, events or conditions "may", "would", "could"
or "will" be taken or occur in the future, or consists of statements regarding
estimates of future production, operating costs or other expectations, beliefs,
plans, objectives, assumptions or statements about future events or performance.
Statements regarding reserves are also forward-looking statements, as they
reflect estimates as to the expectation that the deposits can be economically
exploited in the future.


Although the Company believes that the expectations represented in such
forward-looking statements are reasonable, there can be no assurance that such
expectations will prove to be correct. As a consequence, actual results may
differ materially from those anticipated in the forward-looking statements and
you should not unduly rely on forward-looking statements. The forward-looking
statements contained in this news release are made as the date of this news
release and the Company does not undertake any obligation to update publicly or
to revise any of the included forward-looking statements, whether as a result of
new information, future events or otherwise, except as may be required by
applicable securities laws.


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