Vanoil Announces Settlement Accord With the Government of Rwanda

Vanoil Energy Ltd. (TSX VENTURE:VEL), ("Vanoil" or the "Company"), a
Vancouver-based Canadian international oil and gas development company announces
that the Government of Rwanda and Vanoil have agreed to end their discussions
regarding the exploration of Lake Kivu in Rwanda following expiry of the
Technical Evaluation Agreement ("TEA") between them in June 2013. As part of
this agreement, the Government of Rwanda and Vanoil have amicably resolved the
issues referred to in the Conciliation Committee under the TEA.


About Vanoil Energy Ltd.

Vanoil is an oil and gas company with a portfolio of assets in East Africa and
in the Republic of Seychelles, in the western 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 in Kenya's
Anza Basin and are geologically analogous to the prolific Muglad and Melmut
Basins of South Sudan and geographically in close proximity to the recent PaiPai
discovery in Kenya.


In offshore Kenya, the Company anticipates the receipt of its 10% working
interest in the highly prospective 5,110 km2 Block L9 alongside Dominion
Petroleum Kenya Limited (a wholly owned subsidiary of Ophir Energy plc) and FAR
Limited. This block lies directly south of Block L8 which hosts the Mbawa gas
discovery made in 2012.


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


On behalf of the Board of VANOIL ENERGY LTD. 

James Passin, Chairman

To find out more about Vanoil, please visit our website at www.vanoil.ca, email:
[e-mail]. 


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.


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]


Vanoil Energy Ltd.
Malcolm Burke
[phone]


Vanoil Energy Ltd.
Scott Rose
[phone] x 227
www.vanoil.ca