Vast Exploration to Allow Exercise of $0.50 June 5, 2011 Warrants Until June 13, 2011

Vast Exploration Inc. ("Vast" or the "Company") (TSX VENTURE:VST) advises that
it will accept exercises of its June 2009 $0.50 series warrants (TSX
VENTURE:VST.WT) exercisable until June 5, 2011 (see News Release dated June 5,
2009) until June 13, 2011 at 4:00 p.m. (Toronto time). Vast has elected to
extend the exercise by one week in order to accommodate any warrant holders that
have or shall purchase warrants on the TSX Venture Exchange between June 6, 2011
and June 13, 2011 which will settle on or before June 13, 2011.


About Vast Exploration 

Vast Exploration Inc. is an independent oil and gas company. Vast is focused on
the exploration and development of its principal asset, the Qara Dagh Block, in
the Kurdistan region of Iraq, where it holds a net undivided 37% working
interest in the block. The Qara Dagh Block lies on trend with existing
discoveries and is located in the prolific Zagros Fold Belt of Northern Iraq,
which contains several large fields including the super-giant Kirkuk field.

 
Regulatory Statements

Statements in this release that are not historical facts are "forward-looking
information" within the meaning of applicable securities law. Forward-looking
information typically contain words such as "anticipate", "plan", "expect",
"potential", or similar words suggesting future outcomes and include, statements
regarding corporate strategy; and the availability of acquisition opportunities.
There can be no assurance that such information will prove to be accurate;
actual results and future events could differ materially from such information.
Factors that could cause actual results to differ materially include, among
others, commodity prices, third party risks, acquisition risks, risks inherent
in the oil and gas industry, licensing risks, financing risks, regulatory risks
and environmental concerns. Investors are cautioned not to place undue reliance
on forward-looking information.

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