Vanoil Provides Update on Kenyan Blocks 3A and 3B

Vanoil Energy Ltd. (TSX VENTURE:VEL), ("Vanoil" or the "Company") wishes to
update information previously released on February 3, 2014 with regard to
ongoing negotiations with the Kenyan Government with respect to the extension of
Vanoil's Production Sharing Contracts ("PSCs" ) over Block 3A and Block 3B,
onshore Kenya. Vanoil has decided to proceed with a formal demand for
arbitration in accordance with the UNCITRAL arbitration rules adopted by the
United Nations Commission on International Trade Law as per the respective PSCs.
Furthermore, Vanoil has commenced evaluation of all possible legal remedies the
Company may have against the Kenyan Government. 


Mr. James Passin, Chairman of Vanoil stated, "Following the discovery of
hydrocarbons with oil shows in the Sala-1 well in the Anza Graben announced by
Africa Oil Corp. (TSX: AOI), Vanoil believes the economic value of Blocks 3A and
3B may have materially increased. While we would have preferred to proceed with
the two well program approved by the Ministry of Energy, we are looking forward
to vigorously pursuing all legal remedies".


About Vanoil 

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 was negotiating to extend its interest in onshore Blocks 3A and
3B, originally 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 and Sala-1 discoveries in Kenya. Vanoil will now
seek arbitration in order to recover its significant investment and lost profit
opportunity in Blocks 3A and 3B. 


In offshore Kenya, Vanoil has a 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 offshore Kenya, Vanoil has an interest in Kenyan Block L9. In September 2011,
the Kenya Ministry of Energy confirmed the 10% interest of Avana Petroleum Ltd.
(now a subsidiary of Vanoil) in the highly prospective 5,110 km2 Block L9
alongside Dominion Petroleum Kenya Limited (a wholly owned subsidiary of Ophir
Energy plc ("Ophir") and Flow Energy Limited (since taken over by FAR Limited).
In January 2014, the Kenyan Ministry of Energy and Petroleum denied a request by
Ophir to assign and transfer a 10% interest to Avana Petroleum Kenya Limited.
Vanoil notes that this position is inconstant. 


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. Afren has recently increased its internal valuation of its 75% interest in
the Seychelles. .


On behalf of the Board of

VANOIL ENERGY LTD. 

James Passin 

Chairman 

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
Sam Malin, CEO
+ 44 7624 392 045


Vanoil
Malcolm Burke
[phone] x 108


Vanoil
Scott Rose
[phone] x 227
[e-mail]
www.vanoil.ca