Vanoil Energy Ltd. announced the appointment of Mr. Aaron D'Este as President and Chief Executive Officer of the company and a member of the Board of Directors, effective immediately. Mr. D'Este recently acted for a Middle Eastern private bank and he successfully negotiated the acquisition in July 2012 of two significant Kenyan blocks, one onshore and one offshore. Mr. James Passin has resigned as the company's Interim President and CEO, effective immediately.

He will assume the role of non executive Chairman of the company.