HOUSTON, TX — (Marketwire) — 04/16/12 — Vanguard Energy Corporation (OTCBB: VNGE), an oil drilling and production company, today announced that Warren Dillard, Chief Executive Officer of the Company, will present at the IPAA Oil & Gas Investment Symposium in New York on Wednesday, April 18, 2012 at 3:40 p.m. Eastern Time, which event will be held at the Sheraton New York Hotel and Towers. The presentation will be webcast live via a link posted on the Company–s website at , and will be archived for ten (10) days on the Company–s website following the presentation.
Vanguard Energy Corporation is an oil development and production company focusing on developing older, established domestic, land-based oil fields that have a proven history and substantial remaining reserves. With newer drilling and production techniques, Vanguard is able to recover considerable reserves from relatively shallow deposits. Its first leases encompassed 230 acres on the famous Batson Dome Field in Southeast Texas. Vanguard subsequently acquired control of another 270 acres immediately adjacent to its first leases. Vanguard plans extensive development of the present leases with no minimum spacing limitations under Texas Railroad Commission rules. It has the capacity to drill on these leases for several years using the proceeds of the recent public offering and the free cash flow from existing wells. For more information, visit: .
This press release and other statements Vanguard Energy Corporation may make in the future contain forward-looking statements that relate to Vanguard–s plans, objectives and future estimates. Various risks, uncertainties and other factors could cause actual results to differ materially from those expressed in any forward-looking statements. For a more detailed list of such risks, uncertainties and other factors, please refer to the Risk Factor section of Vanguard–s S-1 Registration Statement and in its other periodic filings with the Securities and Exchange Commission. Vanguard makes no commitment to update any forward-looking statement, or to disclose any facts, events, or circumstances after the date of this release that may affect the accuracy of any forward-looking statement, except as may be required by applicable law.
Contact:
Victor P. Thompson
Investor Relations
888-751-1306