Vanoil Energy 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 and a 10% interest in offshore Kenyan Block L9. 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 10% working interest in Kenya offshore Block L9 with its partners Ophir and FAR Limited. Block L9 is a 5065 km2 block located off the coast of Mombasa in the southern waters of Kenya; a region in which all of the neighbouring acreage is held by Total, Anadarko, BG, PTT and their respective partners.
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.