Venoco CEO buys additional shares for 62.2% interest

By Lisa Kerner

Charlotte, N.C., March 10 - Venoco Inc. co-founder, chairman and chief executive officer Timothy Marquez purchased 544,358 shares of the company's stock through the Marquez Trust between Feb. 25 and March 6 for a total of $1.7 million, according to a schedule 13D/A filed with the Securities and Exchange Commission.

In a prior SEC filing, Marquez reported the purchase of 759,200 shares of Venoco between Jan. 26 and Feb. 24 for a total of $2.16 million.

Marquez beneficially owns 32,047,753 shares, or 62.2%, of the Denver independent energy company.

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