Venoco Closed $315M Credit Facility

Venoco

announced today that it has closed the transaction contemplated by the merger agreement among Venoco, Timothy Marquez, Denver Parent Corporation ("DPC") and Denver Merger Sub. Venoco was merged with and into Denver Merger Sub, with Venoco being the surviving entity. Venoco, as a wholly owned subsidiary of DPC, will continue with the same officers that served the company prior to the merger, with Timothy Marquez as the sole director and Ed O'Donnell as the Chief Executive Officer.