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To: GARY P GROBBEL who wrote (20235)	4/28/2004 12:46:02 PM
From: GARY P GROBBEL	Read Replies (2) \| Respond to of 120405

VXEN .58..i am adding this to my core energy group holdings: (COMTEX) B: VTEX Announces a Three Well Workover Program at Bateman Lake ( PRNewswire-FirstCall ) B: VTEX Announces a Three Well Workover Program at Bateman Lake ( PRNewswire-Fir tCall ) HOUSTON, Apr 28, 2004 /PRNewswire-FirstCall via COMTEX/ -- VTEX Energy, Inc. (OTC Bulletin Board: VXEN) announced today that it has established a new credit line that will allow it to commence a three well workover program at its Bateman Lake property in St. Mary Parish, Louisiana. "This represents the commencement of a program to begin the development of the Company's significant behind pipe reserves," said Stephen Noser, President. VTEX Energy, Inc. is a Houston based company primarily engaged in the acquisition, development, and production of natural gas and crude oil. At April 30, 2003, the Company had over $71 million in proved reserves. These reserves are concentrated in two fields: Bateman Lake located in St Mary Parish, Louisiana and Mustang Island 818-L located in State waters offshore Texas. 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. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties. SOURCE VTEX Energy, Inc. CONTACT: VTEX Energy, Inc., +1-713-773-3284 (VXEN) prnewswire.com Copyright (C) 2004 PR Newswire. All rights reserved. -0- KEYWORD: Texas Louisiana INDUSTRY KEYWORD: OIL OTC SUBJECT CODE: FNC * end of story *