Vanoil Energy Ltd. has commenced its comprehensive 2D seismic program on its 100% owned Block 3A in Kenya, which is strategically situated in the Anza Basin within the hydrocarbon prolific Cretaceous Central African Rift Basin System, adjacent to blocks held by the Chinese National Offshore Oil Corporation (CNOOC), Tullow Oil plc, Africa Oil and Lion Petroleum.

The budget for the 2D seismic program is USD $4,600,000 and will cover in excess of 400 line kilometres within the 12,400 square kilometres of Vanoil's Block 3A. The shooting of the first seismic line, which covered 57 kilometres, has been completed and is currently being evaluated. Vanoil anticipates the Seismic program to be completed in early October, at which time a complete set of data will be sent for processing and interpretation. Proposals for the execution of the final phase of the seismic program have been received and are being evaluated.

To date, Vanoil has mapped a total of eleven prospects/leads based on 1500 line kilometres of Chevron 2D seismic. A key objective of Vanoil's ongoing seismic program is to test the un-risked potential of five leads in Block 3A that have size, potential and position in the heart of the Anza Basin. One of the priority prospects, Prospect 6, a proposed re-drill of the Endela-1 well, which was originally drilled to a depth of just 2500 meters, targets a 250 million barrel potential cretaceous anticline with amplitude anomalies similar to successful wells drilled in the Albertine Basin of Uganda.

The Company's 100% owned Blocks 3A and 3B, which cover approximately 25,000 square kilometers, puts Vanoil in the front and centre of the action in Kenya, in a play many industry veterans consider one of the last great rift basins open to exploration. The highly prospective Central African Rift System, which extends into Vanoil's Block 3A, has the prolific Melut and Muglad basins in southern Sudan, two of the major sources of crude oil in Africa. Also in the East African region we have the Albertine Graben in Uganda where Tullow Oil has discovered and identified resources in excess of 2.5 billion barrels (Tullow Oil plc: Sept 02, 2010).

Vanoil's President, Mr. Dal Brynelsen commented, "Interest in the area is heating up, evidenced by Tullow Oil's recent farm-in agreement with Africa Oil to acquire a 50% interest in licences covering the East African Rift Basins of Kenya and Ethiopia. With 25,000 square kilometres of oil and gas rights, VanOil is a significant petroleum rights holder in Kenya. We are now putting our geo-science to the test with this seismic program, set to confirm five leads to drill point election in the Cretaceous-age Anza Graben, which underlies Block 3A, and is host to reservoir, seals and potential source rocks that suggest the presence of a petroleum system."

Tags: Vanoil Energy