Vanoil Energy Ltd. is a Canadian oil and gas company with properties in Kenya and the Seychelles. Vanoil holds 100% interests in two onshore blocks in Eastern Kenya secured by production sharing contracts. Onshore Blocks 3A and 3B total 24,912 km2 and are located at a confluence of three sedimentary basins (Anza, Mochesa and Lamu), with the Anza basin having evidence of a working Cretaceous petroleum system. Vanoil's onshore Kenya blocks are located adjacent to Block 9, the technically advanced concession held and operated by Marathon Oil and Africa Oil.
Vanoil holds a 25% working interest in Seychelles Areas A and B with its partner Afren. Areas A and B comprise in excess of 14,000 km2 in total and are located on the Seychelles plateau and adjacent zones in the northern waters of the Seychelles in a region where Amoco previously drilled three wells with hydrocarbon shows. Multiple oil seeps have been observed on Areas A and B, and tar balls of natural origin are abundant throughout the region.
Vanoil's oil and gas operations hold the potential for the company to make a significant find and become the next Heritage and Tullow Oil.