Vanoil Acquires Fluormin Plc.

Vanoil Energy Ltd. (TSX VENTURE:VEL) ("Vanoil" or the "Company") is pleased to
announce that it has acquired all the issued and to be issued shares of Fluormin
Plc. ("Fluormin") pursuant to Fluormin's Scheme of Arrangement (the "Scheme")
and the resulting securities exchange. Pursuant to the terms of the Scheme,
Vanoil has issued an aggregate of:




--  45,027,771 common shares (the "Shares") of Vanoil;
--  33,218,214 warrants (the "$1.00 Warrants") exercisable to acquire one
    common share of Vanoil at a price of $1.00 until May 17, 2015; and
--  6,475,247 warrants (the "$0.75 Warrants") exercisable to acquire one
    common share of Vanoil at a price of $0.75 until March 13, 2014.



Aaron D'Este, Vanoil's President and CEO, stated, "The completion of the
Fluormin acquisition is yet another significant milestone in Vanoil's plans to
aggressively pursue its strategic business objectives and exploration
programmes."


Pursuant to the Scheme, the holders of 43,420 Fluormin shares who were unable to
participate in the securities exchange will be entitled to receive the net
proceeds from the sale of their allocation of Shares together with an aggregate
cash payment of $785 in lieu of unissued $1.00 Warrants and $0.75 Warrants. In
addition, an aggregate of 925,332 Fluormin options were not exchanged for $1.00
Warrants, but will now, if exercised, entitle the holder to 0.806 of a Share,
0.572 of a $1.00 Warrant and 0.116 of a $0.75 Warrant in lieu of a Fluormin
share, on the same basis as if they had participated in the Scheme.


To find out more about Vanoil, please visit our website at www.vanoil.ca.

About Vanoil Energy Ltd.

Vanoil is an oil and gas company with a portfolio of assets in East Africa and
the African state of the Seychelles Islands in the Indian Ocean. 


In Kenya, Vanoil holds a 100% interest in onshore Blocks 3A and 3B, acquired in
October 2007 through the signing of a Production Sharing Contract (PSC) with the
Government of the Republic of Kenya. These blocks cover 24,912 km2 between
Tullow Oil's recent oil discoveries and Apache Corp.'s offshore gas well. 


In the Seychelles, Vanoil has a 25% participating interest alongside partner
Afren plc ("Afren") in offshore Exploration Areas A and B, covering some 14,319
km2.


In Rwanda, Vanoil has the exclusive right to negotiate a production sharing
contract with the Republic of Rwanda covering 1,631 km2 of oil and gas
concessions incorporating the Eastern portion of Lake Kivu and the surrounding
shoreline.


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 that cannot 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Vanoil Energy Ltd.
Don Padgett
[phone] x104


Vanoil Energy Ltd.
Malcolm Burke
[phone] x108


Vanoil Energy Ltd.
Scott Rose
[phone] x227
604-685-5970 (FAX)
www.vanoil.ca


Media and Investor Enquiries:
FTI Consulting
Natalia Erikssen, Sara Powell
[phone]