SOURCE: Vintage Energy and Exploration, Inc.

September 14, 2007 16:56 ET

Vintage Energy and Exploration, Inc. Announces the Appointment of New Board Member

TULSA, OK--(Marketwire - September 14, 2007) - Vintage Energy and Exploration, Inc. (PINKSHEETS: LEWP) is pleased to announce the appointment of Richard Steinke as a new member of the Board of Directors.

"Mr. Steinke adds new depth to our already talented board of directors," said John Thetford, President of Vintage Energy and Exploration, Inc. "Richard has extensive experience in the operation and capitalization of public companies. He will be a tremendous asset to our team."

Richard Steinke most recently served as Chairman and CEO of Amerityre Corporation from 1995 to August 31, 2007. He brought Amerityre from an OTC traded company to a company traded on the NASDAQ Small Cap market where it currently trades. While CEO of Amerityre, Mr. Steinke was able to name to an advisory board Lee Iacocca, former president of Ford Motor Co., and Lou Grano, former executive w/ UBS Paine Webber.

In addition to his tenure at Amerityre, Mr. Steinke served from 1992 to 1995, as Chairman and CEO of Alanco Environmental Resources, Inc., a manufacturer of environmental/pollution control equipment in Scottsdale, Arizona. At Alanco, Mr. Steinke received five patents in the air pollution industry using a dry scrubber system for removing gases from a gas stream. Since then he has received another patent which simplifies all of the above procedures.

From 1985 to 1992, Mr. Steinke was Chairman and CEO of UTI Chemicals, Inc., a developer and manufacturer of urethane chemical systems in Irvine, California. He has several patents in the processing of urethane systems and manufacturing techniques.

Mr. Thetford stated, "We are very pleased that Mr. Steinke has joined our board of directors. We feel he will be able to assist our team in navigating issues that sometimes hinder the growth of small public companies. Richard's background speaks for itself as he has been successful in managing the growth of several companies during his career. His expertise in this area should translate very well in his involvement with Vintage."

Safe Harbor Statement

This release may contain forward-looking statements. These forward-looking statements are neither promises nor guarantees, but involve risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements. Readers should not place undue reliance on any such forward-looking statements that are based solely on information known as of the date of this release. Lew Corporation disclaims any obligation to update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based or that may affect the likelihood that actual results will differ from those contained in the forward-looking statement.

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