Over the past few years Vecta Energy Corporation (“Vecta”)(formerly Kroes Energy Inc.) has completed a transformation from a junior international oil and gas company to one that operates solely in western Canada.

In 2007 Vecta sold its interest in a Ukrainian oilfield rehabilitation project due to political interference that caused deteriorating economics, and in 2008 it disposed of its interest in a small oilfield in Trinidad. Over this period the Company began building a production base in Alberta through participation in a shallow gas exploration and development program in central Alberta and presently is producing some 80 equivalent barrels of oil per day from its interests in 13 producing wells.

On July 30, 2008 Kroes Energy Inc. completed the acquisition of Vecta and later changed the name of the combined company to Vecta Energy Corporation. Vecta was a private company with excellent land holdings in the Brewster and Gilby regions of west central Alberta. Vecta has one well on production and its share amounts to 20 equivalent barrels per day of natural gas and liquids. In addition, two Brewster wells are presently suspendedand awaiting testing.

The Company has interests in 28,640 undeveloped gross acres (6,852 net acres) and intends to continue the exploration of these lands where considerable success has already been achieved. In the Brewster area in particular, at least 8 additional prospective locations already have been identified on lands where the Company has interests and industry activity and infrastructure continue to grow. The low risk shallow gas program provides slow but steady growth while the Brewster acreage involves higher risk but much higher reward and the potential for rapid growth. In addition, it is the Company’s intention to seek other merger or acquisition opportunities in order to accelerate growth.

The Company has an experienced management team and Board of Directors, and a significantly undervalued share price.