Vanoil Announces Results of AGSM and Approval of Fluormin Acquisition

Vanoil Energy Ltd. (TSX VENTURE:VEL), an oil and gas company with a portfolio of
assets in East Africa ("Vanoil" or the "Company") is pleased to announce that
all motions put forward for approval at its Annual and General Special Meeting
held on May 10, 2013, passed with significant shareholder support.


James Passin, Aaron D'Este, Don Padgett, Larry Van Hatten, Samuel Malin and
Francis Karanja were elected to the Company's board of directors. The Company's
shareholders also reappointed Ernst & Young LLP as auditors for the coming year
and approved the re-adoption and amendment of the Company's stock option plan.


By way of an ordinary resolution by the minority shareholders of the Company,
the acquisition of Fluormin Plc by Vanoil, as announced on March 26, 2013, was
approved, with 99.83% of the votes cast in favour of the acquisition.


Mr. Aaron D'Este stated, "We are extremely pleased with the overwhelmingly
positive response we received from shareholders approving the acquisition of
Flourmin PLC. We are currently marching towards our two-well drilling program in
Kenya, and we remain on track to commence our first well in July." 


Full details on the acquisition of Fluormin Plc can be found in Vanoil's
management information circular dated April 8, 2013, which is available on the
Company's website at www.vanoil.ca or on SEDAR at www.sedar.com.


About Vanoil Energy Ltd.

Based in Vancouver, Canada, Vanoil is an oil and gas company with a portfolio of
assets in East Africa and listed on the TSXV. 


The Company holds Blocks 3A and 3B, onshore Kenya, which were acquired in
October 2007 through the signing of a Production Sharing Contract with the
Government of the Republic of Kenya. These blocks, which cover 24,912 km2
between Tullow's recent oil discoveries and Apache's offshore gas well have been
assigned prospective resources in excess of 3 billion barrels. Offshore Kenya,
the anticipated perfection of a 10% participating interest in offshore Block L9
alongside partner Ophir Energy plc ("Ophir"), is estimated by Ophir to represent
270 million barrels or 1.18 Tcf of prospective resources net to Vanoil.


In the Seychelles, Vanoil's 25% participating interest alongside partner Afren
plc ("Afren") in oil and gas exploration Areas A and B, which cover some 14,319
km2, entitles the Company to mean net unrisked prospective resources of 700
million barrels of oil-equivalent as estimated by Afren.


Vanoil also has the exclusive right to negotiate a production sharing contract
with the Republic of Rwanda covering 1,631 km2 of oil and gas concessions in the
northwestern part of the country, incorporating the eastern waters 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.


Cautionary Statement 

By definition of the COGE Handbook, "Undiscovered resources are those quantities
of oil and gas estimated on a given date to be contained in accumulations yet to
be discovered." Further, the Handbook states - Caution (per NI
51-101/5.9(2)(v)(B)) - "There is no certainty that any portion of the resources
will be discovered. If discovered, there is no certainty that it will be
commercially viable to produce any portion of the resource."


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
www.vanoil.ca


FTI Consulting
Media and investor enquiries:
Natalia Erikssen, Sara Powell
[phone]