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To: Spark who wrote (13399)	4/20/2000 1:36:00 PM
From: MMM Mule	Read Replies (2) \| Respond to of 19297

VECT news... HOUSTON, Apr 20, 2000 (BUSINESS WIRE) -- Vector Energy Corporation (OTCBB: VECT) announced the execution of a Preliminary Agreement of cooperation with Atlas Enerji, A.S. of Ankara, Turkey (www.atlas-holding.com) for the development of gas distribution systems in five cities in Turkey. The agreement also allows for the installation of a fiber optic system for the distribution of Internet access. The first project to be addressed will be a gas distribution system in the city of Erzurum. Erzurum is a city of approximately 250,000 located in Northeastern Turkey. The preliminary project analysis calls for a sales volume of approximately 110 cubic meters or 1.1 billion cubic feet of gas during the first year. Assuming a unit sales price of $.202 per cubic meter, this project's annual gross revenues would be in the range of $22 million. Erzurum is expected to one of the first cities in Turkey to begin receiving gas this year. The contract with Atlas Enerji, A. S. will allow Vector to participate in the development of significant infrastructure in a major European country. It also forms an alliance with a strong local company already active in the development of infrastructure projects in both the natural gas and telecommunications industry. CEO Sam Skipper said, "Vector is very excited about this alliance with Atlas Enerji, one of the premier companies in Turkey. Turkey is actively engaged in a major effort to convert substantial portions of its energy use to natural gas and this project will be a key element in that effort. While the initial focus will be on the gas distribution system in Erzurumn, I am confident that the development of the fiber optic system will be just as exciting. I believe this contract will form a springboard for further projects for Vector in Turkey and elsewhere." Further announcements will be made as projects are developed in the other four cities and as the fiber optic telecommunications Internet projects are further defined. Vector Energy Corporation is a Houston-based company primarily engaged in the acquisition, development and production of natural gas and crude oil and the development and implementation of the EZSERV Internet technology. This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statements contained herein are reasonable, no assurances can be given that such expectations will prove to have been correct.