Vanco Announces Company's New President.

HOUSTON -- Vanco Energy Company is pleased to announce the addition of staff:

John F. Imle, Jr. has recently joined Vanco Energy Company as President with Gene Van Dyke becoming Chairman. Imle has more than 40 years' experience in the oil and gas industry, mostly overseas. After retiring early from Unocal Corporation as vice chairman, he engaged in energy consulting, with emphasis on Asia.

Trained as a petroleum engineer, Mr. Imle has held various technical and management posts in exploration and production, including responsibility for Unocal's worldwide oil and gas operations and company president. He served on the Board of Directors for 12 years. As a senior executive, he was also responsible for international business development, primarily new ventures in emerging nations. Mr. Imle led Unocal's successful efforts in forming the AIOC consortium in Azerbaijan as well as projects in Vietnam, Bangladesh, Myanmar, China and other south and central Asian nations. He was a co-founder of the Business Humanitarian Forum, which promotes cooperation between business and humanitarian organizations.

Mr. Imle graduated from Texas A&M University with engineering degrees.

Vanco Energy Company is a Houston-based independent oil and gas company engaged in international exploration and production. Vanco is a leading deepwater explorer in offshore Africa with 20 million acres under license in Morocco, Cote d'Ivoire, Ghana, Equatorial Guinea, Gabon, and Madagascar.