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Law Office of Brodsky & Smith, LLC Announces Investigation of Venoco, Inc

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BALA CYNWYD, Pa.--(EON: Enhanced Online News)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Venoco, Inc. (“Venoco” or the “Company”) (NYSE: VQ) relating to the offer by the Company’s chief executive officer. Under the terms of the offer Venoco shareholders would receive $12.50 cash for each share of Venoco stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law a style='font-size: 10

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									Law Office of Brodsky & Smith, LLC Announces
Investigation of Venoco, Inc.
September 06, 2011 04:11 PM Eastern Daylight Time 

BALA CYNWYD, Pa.--(EON: Enhanced Online News)--Law office of Brodsky & Smith, LLC announces that it
is investigating potential claims against the Board of Directors of Venoco, Inc. (“Venoco” or the “Company”)
(NYSE: VQ) relating to the offer by the Company’s chief executive officer.

Under the terms of the offer Venoco shareholders would receive $12.50 cash for each share of Venoco stock they
own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of
Directors of Venoco for not acting in the Company’s shareholders' best interests in connection with the sale process
as the chief operating officer of Venoco already holds 50.3 % of the company stock. The transaction may
undervalue Venoco as stock traded at $22.06 as recently as February 3, 2011 and an analyst has set a price target
of $22.00 for Venoco stock.

If you own shares of Venoco stock and wish to discuss the legal ramifications of the proposed transaction, or have
any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, visiting http://brodsky-smith.com/324-vq-venoco-inc.html, or by calling toll
free 877-LEGAL-90.

Contacts
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com

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