Vast Exploration Inc. Announces Results of Annual and Special Meeting of Shareholders

Vast Exploration Inc. (TSX VENTURE:VST), a Forbes & Manhattan Energy Group
company, reports that all matters put forth at the annual and special meeting of
shareholders of Vast were approved, including the re-appointment of McGovern,
Hurley, Cunningham, LLP as Vast's auditors, the re-approval of Vast's 10%
rolling stock option plan, the reduction of the stated capital account and the
proposed consolidation of Vast's issued and outstanding common shares on the
basis of one (1) post-consolidation common share for every 50 pre-consolidation
common shares issued and outstanding. Messrs. Robin Birchall, Tito Gandhi, Scott
Moore and Ahmed Said were re-elected as directors.


The timing for the implementation of the consolidation will be determined by the
Board of Directors of Vast, but no later than the next annual meeting of
shareholders of Vast. The share consolidation remains subject to the approval of
the TSX Venture Exchange. 


Vast wishes to thank its shareholders for their continued support. 

This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements with respect to the timing and
implementation of the share consolidation. Generally, forward looking
information can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved". Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking
information, including but not limited to: general business, economic,
competitive, geopolitical and social uncertainties; the actual results of
exploration activities; regulatory risks; risks inherent in foreign operations;
and other risks of the oil and gas industry. Although the Company has attempted
to identify important factors that could cause actual results to differ
materially from those contained in forward-looking information, there may be
other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking information. The Company does not undertake to
update any forward-looking information, except in accordance with applicable
securities laws.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Vast Exploration Inc.
Ahmed Said
President and CEO
403-263-3000