Holzer Holzer & Fistel, LLC is investigating whether the directors of Venoco, Inc. ("Venoco" or the "Company") (NYSE: VQ) are complying with their fiduciary duties in connection with the proposed acquisition of the Company by its chairman and CEO, Timothy M. Marquez. Mr. Marquez has notified Venoco's Board of Directors of his intention to purchase all outstanding shares of Venoco stock for $12.50 per share. Mr. Marquez currently owns approximately 50.3 percent of the Company's stock. Venoco stock traded as high as $22.46 in February 2011.

Current holders of Venoco common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

Holzer Holzer & Fistel, LLC
Michael I. Fistel, Jr., Esq., (888) 508-6832 (toll-free)
mfistel@holzerlaw.com
or
Marshall P. Dees, Esq., (888) 508-6832 (toll-free)
mdees@holzerlaw.com