VTEX Announces Strategic Alliance With American Midstream, Inc.

VTEX Energy, Inc. (OTC Pink Sheets: VXEN) announced an exclusive strategic business alliance with American Midstream, Inc. to maximize their capabilities and business potential in providing high quality domestic midstream asset management services to the oil and gas industry through the development, marketing and acquisition of midstream assets in the domestic US market.

"American Midstream has seized on a strong market opportunity to acquire and operate midstream oil and gas assets and maximize profitability by using innovative financial structures and operating systems. We have entered into a strategic Alliance Agreement with American Midstream to benefit from their management team's expertise in pipeline operations, product marketing, quality bank operations, the administration of trading center documentation, and pipeline/terminal scheduling and revenue account," said Marshall Smith, CEO of VTEX Energy, Inc.

This strategic alliance will give VTEX the opportunity to develop their midstream market, the company spokesperson added, "VTEX will deliver their product to market at a more efficient and cost savings approach. By broadening VTEX's capabilities, the exclusive alliance will allow them to dedicate capital for joint venture activities with American Midstream."

David Myers, President of American Midstream, said "Entering into this strategic alliance allows both companies to maximize their respective capabilities and business potential in providing high quality domestic midstream asset management services to the oil and gas industry, combining their respective strengths, tools, equipment, market presence and expertise." Mr. Myers further stated, "VTEX will have access not only to American Midstream's deal flow, but also our operational capabilities. We look forward to working with the VTEX team of professionals."

About VTEX Energy, Inc.

VTEX Energy, Inc. is an independent oil and gas exploration and production company with offices in Houston, Texas. The Company is engaged in the acquisition, development and production of oil and natural gas reserves. The Company currently has two properties, Bateman Lake Field located in St. Mary's Parish, Louisiana, and Mustang Island Field located offshore Kleberg County, Texas with estimated future net cash flows (discounted at 10%) from proved oil & gas reserves of approximately $30,500,000. These reserves are concentrated in two fields, the Bateman Lake field in St. Mary's Parish, Louisiana and the Mustang Island 818-L field located offshore in Texas State waters. For more information, visit the Company's website at http://www.vtexenergy.com .

About American Midstream, Inc.

American Midstream, Inc. is a Houston-based, privately held Texas corporation managed by finance and legal professionals for the purpose of acquiring and managing North American midstream assets including oil and natural gas gathering, storage and transmission equipment. To learn more about the Company, please visit their website at http://www.americanmidstream.com .

For more information contact InvestorRelations@VtexEnergy.com

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.

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