VEL

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Vanoil Energy Ltd. (TSX VENTURE:VEL) ("Vanoil" or the "Company") announces that,
further to its previously announced (June 18, 2012) non-brokered private
placement (the "NB Offering"), it has increased the size of the NB Offering from
up to 33.333 million units for gross proceeds of $20.0 million to up to 50.0
million units for gross proceeds of $30.0 million.


All other terms remain the same.

About Vanoil Energy Ltd.

Based in Vancouver, Canada, Vanoil is an Africa focused oil and gas company with
a comprehensive portfolio of oil and gas assets in Kenya and Rwanda. In Kenya,
Blocks 3A and 3B were acquired in October 2007 and a Production Sharing Contract
has been signed with the Government of the Republic of Kenya. These Blocks cover
24,912 square kilometers and are part of the under-explored Cretaceous Central
African Rift Basin System. Vanoil's 1,631 square kilometers exclusive oil and
gas license in the East Kivu Graben in Rwanda is at the southern extension of
the Albertine Graben where Heritage and Tullow Oil made their historic discovery
in neighboring Uganda.


On behalf of the Board of VANOIL ENERGY LTD. 

James Passin, President and CEO

This press release does not constitute an offer to sell or solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to a U.S. Person unless
registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.


Disclaimer for Forward Looking Information

This news release includes forward looking statements that are subject to
assumptions, risks and uncertainties. Statements in this news release which are
not purely historical are forward looking statements, including without
limitation any statements concerning the Company's intentions, plans, estimates,
beliefs or expectations regarding the future. Although the Company believes that
any such intentions, plans, estimates, beliefs and expectations in this news
release are reasonable, there can be no assurance that any such intentions,
plans, beliefs and expectations will prove to be accurate.


The Company cautions readers that all forward looking statements, including
without limitation those relating to the Company's future operations and
business prospects, are based on assumptions none of which can be assured, and
are subject to certain risks and uncertainties that could cause actual events or
results to differ materially from those indicated in the forward looking
statements. Readers are advised to rely on their own evaluation of such risks
and uncertainties and should not place undue reliance on forward looking
statements.


Any forward looking statements are made as of the date of this news release, and
the Company assumes no obligation to update the forward looking statements, or
to update the reasons why actual events or results could or do differ from those
projected in the forward looking statements. The Company assumes no obligations
to update any forward looking statements, whether as a result of new
information, future events or otherwise.

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