2009-08-11-2008-03-01

To buy co., gaining 5,000 net prospective acres.

Kroes Energy Inc., Calgary, (Toronto Venture: KRS) plans to acquire privately held, Alberta-based Vecta Energy Corp. for approximately C$2.7 million in stock. Kroes will pay 2.457 shares and 0.542 warrant per Vecta share. Kroes will issue 36 million shares to Vecta shareholders and a Vecta debt holder. Vecta holds some 5,000 net acres of prospective land in the Brewster and Gilby regions of west-central Alberta. Kroes holds nonoperated production of some 100 barrels of oil equivalent per day in shallow-gas interests in central Alberta.