Venoco Says Adjusting Financial Plans, Financing Date Extended to October 8

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Venoco (NYSE: VQ)announced today that, based on the recommendation of the specialcommittee of independent directors, the board of directors of Venocohas agreed to extend to 5 p.m. Eastern Time on October 5, 2012 thedate by which committed financing must be obtained for the mergercontemplated by the merger agreement among Venoco, Timothy Marquez,Denver Parent Corporation and another affiliate of Mr. Marquez (the"Merger Agreement"). The End Date (as defined in the MergerAgreement) was extended to 5 p.m. Eastern Time on October 8, 2012.

20-Year Pro Trader Reveals His "MoneyLine"

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