Vintage Energy Announces New Board Member

Vintage Energy and Exploration, Inc. is pleased to announce the appointment of Richard Steinke as a new member of the Board of Directors.

Richard Steinke most recently served as Chairman and CEO of Amerityre Corporation from 1995 to August 31, 2007. He brought Amerityre from an OTC traded company to a company traded on the NASDAQ Small Cap market where it currently trades. While CEO of Amerityre, Mr. Steinke was able to name to an advisory board Lee Iacocca, former president of Ford Motor Co., and Lou Grano, former executive w/ UBS Paine Webber.

In addition to his tenure at Amerityre, Mr. Steinke served from 1992 to 1995, as Chairman and CEO of Alanco Environmental Resources, Inc., a manufacturer of environmental/pollution control equipment in Scottsdale, Arizona. At Alanco, Mr. Steinke received five patents in the air pollution industry using a dry scrubber system for removing gases from a gas stream. Since then he has received another patent which simplifies all of the above procedures.

From 1985 to 1992, Mr. Steinke was Chairman and CEO of UTI Chemicals, Inc., a developer and manufacturer of urethane chemical systems in Irvine, California. He has several patents in the processing of urethane systems and manufacturing techniques.

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