SOURCE: Venoco, Inc.

Venoco, Inc.

May 16, 2012 15:26 ET

Unusual Market Activity in Venoco, Inc. Common Stock

DENVER, CO--(Marketwire - May 16, 2012) - Venoco, Inc. (NYSE: VQ) announced today that it has been contacted by the New York Stock Exchange regarding the unusual market activity in the company's stock. The company stated that its policy is not to comment on unusual market activity and that it has no pending announcements.

About the Company

Venoco is an independent energy company engaged in the acquisition, exploitation and development of oil and natural gas properties primarily in California. Venoco operates three offshore platforms in the Santa Barbara Channel, has non-operated interests in three other platforms, operates three onshore properties in Southern California, and has extensive operations in Northern California's Sacramento Basin.

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