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Vital Provides Corporate Update

V.VUX

CALGARY, Alberta, Jan. 08, 2019 (GLOBE NEWSWIRE) -- Vital Energy Inc. (“Vital” or the “Corporation”) announced today that the wells Vital Sullivan Lk. 16-36-33-14W4M and Vital Suffield 3-29-13-19W3M have been drilled, completed and placed on production. The Sullivan Lake 16-36 horizontal well is currently producing at a rate of 228 barrels of light gravity oil per day. Vital is the owner of a 100% working interest. The 3-29 Gull Lake (Suffield) vertical well is currently producing at a rate of 117.5 barrels of medium gravity oil per day. Vital is the owner of a 85.335% working interest.

Vital Energy Inc. is a publicly traded junior oil and gas company (“VUX” TSXV) whose primary focus is light and medium crude oil production in Western Canada.
Website: www.vitalenergyoil.com

For further information please contact
Jeff Standen, Vice President, Business Development
Tel: (403) 615-5827
Fax: (403) 699-6990
Email: jstanden@vitalenergyoil.com

Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein.

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