VPI Vintage Pete

Vintage Petroleum, Inc. (NYSE:VPI) announced that Robert E. Phaneuf, vice president - corporate development, plans to make a corporate presentation at the UBS Leveraged Finance Conference at 8:30 a.m. Pacific time on Thursday, May 12, 2005, in Las Vegas. The live audio webcast and the associated slides will be available at that time on the Vintage Petroleum website at www.vintagepetroleum.com. The webcast including the slide presentation will be available for a time following the presentation. Vintage Petroleum, Inc. is an independent energy company engaged in the acquisition, exploitation and exploration of oil and gas properties and the marketing of natural gas and crude oil. Company headquarters are in Tulsa, Oklahoma, and its common shares are traded on the New York Stock Exchange under the symbol VPI. For additional information, visit the company website at www.vintagepetroleum.com.