VECT news, would it qualify for the list with an impact date of June 6...HOUSTON--(BUSINESS WIRE)--May 15, 2002--Vector Energy Corporation (OTCBB:VECT - News) announced that it has placed some of its East Texas and North Louisiana properties in an auction to be held June 6, 2002. The properties are subject to a minimum bid requirement set by Vector and the auctioneer and are priced in the range of $775,000 to $1,100,000.
"The sale of these properties will allow a substantial reduction in our secured debt," said Sam Skipper, chairman and CEO of Vector.
Vector Energy Corporation is a Houston-based company primarily engaged in the acquisition, development and production of natural gas and crude oil.
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