VEL

Vanoil Energy Ltd. ("Vanoil") (TSX VENTURE:VEL) is pleased to announce that it has executed a Memorandum of Understanding with the Department of Earth Sciences, of Syracuse University of New York to commence a full basin imaging survey. The Company has begun mobilizing equipment to commence this survey of the Rwandan side of Lake Kivu Graben on its 1,631 square kilometre exclusive licence in Rwanda.

The reconnaissance survey of Lake Kivu in 2010 showed that the shallow subsurface geology is complex, and past geological research indicates that the lake has been subject to dynamic processes on geologic and human timescales. High-resolution images show evidence for recent normal faulting, sediment mass flows and possible subsurface seepages. Future work will image the full sedimentary section of the basin.

The planned 2D, full basin imaging survey is part of Vanoil's hydrocarbon exploration program to identify structural leads using seismic imaging methods. This work will be on a incremental basis for the energy source, to ensure safe operations both for the environment and for the vessel crew, as the lake water column may have been subject to limnic eruptions of gas in the geologic past.

Syracuse University's interest in the conducting the survey is to foster scientific understanding of Lake Kivu and the East African Rift System, the largest and one of one of the most active extensional systems on earth.

Vanoil's 1,631 square kilometres of oil and gas exclusive license in the East Kivu Graben is on the same rift trend with the Albertine Graben, where, at Lake Albert, Tullow Oil and Heritage Oil have stated that they have found approximately 1.5 billion recoverable barrels of oil; a significant discovery that many believe may represent only a small portion of the enormous potential of the area.

About Vanoil Energy Ltd.

Based in Vancouver, Canada, Vanoil Energy Ltd. is an internationally diversified oil and gas exploration company that has a comprehensive portfolio of oil and gas assets in the African countries of Kenya and Rwanda, and in the Province of Alberta, Canada. In Kenya, Blocks 3A and 3B were acquired in October 2007 through the signing of a Production Sharing Contract with the Government of the Republic of Kenya. Blocks 3A and 3B, which cover 24,912 square kilometres, are part of the vastly under-explored Cretaceous Central African Rift Basin System, an area that may possibly hold the next major sub-Saharan discovery. Vanoil's 1,631 square kilometres of oil and gas exclusive license in the East Kivu Graben in Rwanda is on the same rift trend with the Albertine Graben where Heritage and Tullow Oil made their historic discovery in neighbouring Uganda.

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Vanoil Energy Ltd. Dal Brynelsen 604-684-1974 604-685-5970 (FAX)brynelsen@vanoil.cawww.vanoil.ca

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