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Subject: Two Thumbs Up For Gas-Mar 1999
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Corporate Overview-March 1999: A Strong Recommendation For " A Superior
Quality Low Risk Energy Investment"
          **************************************************
                 Copyright © 1999  All Right Reserved
          **************************************************
                                                                                         
Dear Readers,

Vector Energy Corporation (VECT: OTC-BB) is a fully reporting, publicly traded,
Houston based energy company primarily engaged in the acquisition, development
and production of natural gas (which accounts for over 90% of revenues) and
crude oil.  The news that has led us to strongly recommend the addition of
Vector Energy to a diversified portfolio is three fold.

In recent conversations with management, CEO Sam Skipper indicated the company
has been invited to make application to the American Stock Exchange and intends
to move off the OTC Bullentin Board as soon as possible.  Mr. Skipper also
noted the company will continue its "Consolidation Strategy" of corporate and
property acquisitions with emphasis on increasing shareholder value through
timely and strategic low risk additions to the company's balance sheet. Thirdly,
more positive comments from industry analysts and market researchers like
The Black Gold-Petroleum Investment Advisory Newsletter who said in part, "What
a great time to be an oil & gas equity buyer."  They also indicated that by
purchasing CORRECTLY priced, sound companies, investors have a great opportunity
to benefit from the upside potential of increasing commodity prices or from
increased market share.

Additionally, Tony McAloon, director of market research at Baker Hughes said,
"From the Pearsall Field in South Texas to Louisiana's Masters Creek Field, and
everywhere in between, gas is the driving element behind a full spectrum of
exploration, development and production activities."  The Advisory also said
that companies who can carve out a regional "knowledge" should do well.  More
importantly, investors who can carve out a position in these companies could
also do well. 

          ******************Please Note******************
Vector Energy Corporation currently trades on the OTC:BB under the symbol VECT.
Complete information including links to the SEC's EDGAR Database can be found on
Vector's website at www.vectorenergy.com/.
           *********************************************
Vector Energy has since May of 1998, acquired various properties from Lisbon
Development Company, LLC, Taurus Operating, Inc., Texas Energy and
Environmental, Inc. and Cougar Oil and Gas, Inc. In the six month period from
April 30, 1998 to October 31, 1998 the Net Asset Value increased an
estimated 290%.  Management forecasts at least a similar growth in assets over
the next twelve month period.  Mr. Shipper was quoted as saying, " I'm extremely
proud of the management group we have assembled at Vector, and feel confident we
can manage the company's growth past a $100 million market cap."  Look at the
resumes of this team who collectively have over 80 years of industry and
financial experience.

Stephen Noser, has been President or Managing Director since 1991.  He was
previously Vice President and General Manager of MCO Resources, Inc.
($60,000,000 in assets and listed on the American Stock Exchange)  from
1987 to 1988.  From 1983 to 1986 he was Associate General Counsel and then
General Counsel of Inexco Oil Company ($500 million in assets and listed on
the NYSE).  From 1977 to 1983 he served in various legal capacities within
The American Natural Resources System and from 1974 to 1977, he served as an
attorney for Mitchell Energy & Development Corp.  He is a member of the Texas
and Houston Bar Associations.

Gary Countryman, Vice President-Chief Operating Officer since 1996.  From 1961
to 1987 he served in various capacities with Conoco, Inc. and from 1984-1986 he
was Managing Director of Conoco's operation in Egypt where he managed a
$200 million annual budget and helped develop one billion barrels of reserves.
A Consulting Petroleum Engineer since 1987, Mr. Countryman holds a M.S. in
Management from MIT, an M.S. and B.S. in Petroleum Engineering from The
University of California at Berkley, and is a member of Phi Beta Kappa, The
American Petroleum Institute and The Society of Petroleum Engineers.

Randal McDonald, Chief Operating Officer has 19 years experience in public
accounting.  From 1979-1985
he was with KPMG Peat Marwick's Houston office, specializing in oil & gas;
from 1988-1992 he was with Arthur Anderson's Denver office specializing in
oil & gas companies; and between those two assignments he served as CFO for
IBS Technologies, Ltd., a publicly traded computer software company.
Mr. McDonald holds a B.B.A. in accounting from The University of Texas at
Austin and is a licensed CPA in Texas and Colorado.

Sam Skipper, CEO/Chairman has assisted in the consolidation of private and
public companies since 1990.  From 1996 until the present, he has been
Managing Director of Metropolitan Capital, a Houston based investment banking
firm; from 1995-1996 he served as CEO/President of Basic Natural Resources,
an oil & gas company later merged into Synaptix.  In 1992 he was the Founder,
CEO, President and Chairman of Image Trust, Inc., a public company in the
diagnostic health care business.  Mr. Skipper is also a member of The Texas
Independent Producers and Royalty Owners Association.

This is a management team with outstanding credentials rarely seen in small
cap companies.  It also appears to this writer that Vector Energy Corporation
(VECT) has the key ingredients needed to be successful:
          A Sound Business Strategy  that:
               Focuses on quality reserve acquisitions (primarily natural gas)
               Develops existing properties to maximum production
               Concentrates operations in known areas like Texas, Louisiana,
                   Oklahoma and Kansas
               Allows them to operate their own properties whenever possible
                   and keep cost structures under control 
                                            
                   
         A Successful Formula that:
               Builds around a strong management team
               Takes advantage of low energy prices
               Focuses on increasing shareholder value

William A. Little and Company intends to follow Vector Energy in its research
efforts and at this time suggests that VECT shares could rise significantly
above the $3.00 level ( a price consistent with a 10X net asset value) and
if management can continue their increases in shareholder value, a price range
of $6.00 to $8.00 is certainly possible in the next 9-12 months.

For additional information about Vector Energy Corporation, or an investor 
relations package, please call 1-800-600-0343 Ext. 1752.
You may also write to the company at: 
Vector Energy Corporation
5599 San Felipe, Suite 620
Houston, Texas 77056

DISCLAIMER .William A. Little and Company is an investment banking, research
and financial communications firm in business since 1967.  The foregoing
release contains forward looking statements.  There are a number of important
factors which could cause actual events to materially differ.  This
information is partially based on unaudited statements of the company as of
10-31-98, furnished by management and are in part subject to availability of
funding, marketing efforts and general economic conditions.  Any and all
contents in the release are to be regarded solely for informational purposes.
This release is not a solicitation to buy or sell securities nor does it
purport to be a complete analysis of the oil and gas industry or any company
and is not an endorsement of any company and no representation is made, or
advice given regarding the advisability of investing in, purchasing or selling
any security of any company.  William A. Little and Company has relied on
information provided by outside sources considered to be reputable and
although believed to be true, cannot guarantee the accuracy of such
information.  William A. Little and Company has received $1000 in compensation
for the publication of this release.  CFG,LLC has received 2,500 shares of
free trading common stock of Vector Energy Corporation as compensation for the
electronic transmission of this release.  CFG,LLC, its Officers,  Directors,
Employees, and Affiliates may have long or short positions in the securities
of Vector Energy and may purchase and/or sell these securities from time to
time in the open market or otherwise.   All claims made by this release
should be verified by the reader and claims are subject to change without
notice.  Investing is not suitable for everyone.  Investors may lose all or
a part of their investment and therefore, readers are urged to consult with
their own independent financial advisors before making a decision. Past
results are not indicative of future results.

Please Note:  You are receiving this special "Corporate Overview" because you
either signed up through a website, are a current subscriber to a CFG, LLC
publication, or the publisher believes you may have an interest in making
individual investment decisions.  If you received this message in error or
you do not wish to receive periodic news releases, research reports or
corporate investment overviews, please accept our apologies for any
inconvenience and reply to this e-mail, by calling 1-800-600-0343  Ext. 1746.
You will be removed from our E-news Alert Mailing List.
 
          
           



