VEL

Vanoil Energy Ltd. (TSX VENTURE:VEL) ("Vanoil" or "the Company") is pleased to
announce that it has come to an understanding with the Ministry of
Infrastructure, of Rwanda to enter into a definitive production sharing contract
within six months. The understanding dictates that Vanoil continue with its
ongoing exploration program in Rwanda.


Vanoil's 2010 exploration program has commenced with an environmental impact
assessment for the planned 2D marine seismic program within the East Kivu
Graben. This area located over Lake Kivu surrounds what is believed to be the
south-western extension of Uganda's Albertine Graben which contains the four
lakes (Lake Albert, Lake George, Lake Edward and Lake Kivu). They are separated
by accommodations zones Ruwenzori and Virunga mountains.


The Environmental Impact Assessment has four components, namely:

1. Carbon isotopic tests to determine the source of the huge 55 km3 methane in
Lake Kivu at GHgeochem Laboratory UK. The methane continues to increase at a
rate of 15% in thirty years. The tests will determine whether the gas could be
from leaking hydrocarbons traps in the sedimentary basin.


2. Laboratory excitation of Lake Kivu waters by sonic waves to form bubbles to
establish suitable safe seismic sources for the marine survey at Allied
Geophysical Labs in Houston.


3. Analysis of Lake Kivu waters for dissolved hydrocarbons and mineral salts at
the Petroleum and Geochem lab in Houston, and finally;


4. A high resolution low impact 300 km seismic and magnetic survey to evaluate
geo hazards in the lake with University of Syracuse.


Based on interpretation of gravity and magnetic data (2008 PGW and Vanoil
survey), the basinal area in East Kivu is approximately 600 km2 with local
accumulation of sediments exceeding 3,000m in the central depo-centre. The East
Kivu Graben is the southernmost extension of the Albertine Graben along the
western arm of East African rift System. The initial sediments in East Kivu
Graben could be of Miocene or younger age. The lake used to discharge through
the north to the Nile when volcanic eruptions formed the Virunga Mountains and
therefore it changed course to discharge in Lake Tanganyika.


The northernmost part of the Albertine Graben in Uganda is the Lake Albert area
which has an indicated oil reservoir of approximately one billion barrels. This
major oil discovery was found by Heritage Oil and Tullow Oil. The common origin
(shared tectonic and sedimentary history) of Lake Kivu with Lake Edward, Lake
George and Lake Albert presupposes a similar sedimentary in-fill and therefore
makes Lake Kivu an ideal basin to explore. Its prospectivity is further enhanced
by presence of long chain hydrocarbons in the lake bottom sediments indicative
of the existence of an active petroleum system (to view Figure 1 please click
on: http://media3.marketwire.com/docs/vel316.jpg).


Vanoil is also delighted to announce the launch of its website which will
provide complete information on the project development and the Company. We
invite you to visit our new website at www.vanoil.ca.


On Behalf of the Board of VANOIL ENERGY LTD.

Dal Brynelsen, President and CEO

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of
this news release, the Company's plans, estimates, forecasts, projections,
expectations, or beliefs as to future events or results and are believed to be
reasonable based on information currently available to the Company.


Forward-looking statements and information are based on assumptions that
financing and personnel will be available when required and on reasonable terms,
and all necessary regulatory approvals and shareholder approval will be
obtained, none of which are assured and are subject to a number of other risks
and uncertainties.


There can be no assurance that forward-looking statements will prove to be
accurate. Actual results and future events could differ materially from those
anticipated in such statements. Readers should not place undue reliance on
forward-looking information.

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