| Oil, Gas & Consumable Fuels Industry | Energy Sector | Donald G. Padgett CEO | OTC GREY Exchange | 92209M107 CUSIP |
| CA Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Vanoil Energy Ltd., founded in 2009 and headquartered in Vancouver, Canada, positions itself as a formidable player in the energy sector with a focus on the acquisition, exploration, and development of crude oil and natural gas properties. The company has strategically concentrated its efforts in Kenya and the Seychelles, areas that are significant yet challenging for energy development. With a clear vision for growth and exploration, Vanoil Energy Ltd. leverages its expertise in the sector to explore and potentially develop valuable energy resources, aiming to contribute to the energy supply while ensuring environmentally responsible practices.
Vanoil Energy Ltd. holds a 100% interest in two onshore blocks, 3A and 3B, in Eastern Kenya, covering an area of 24,912 square kilometers. These blocks are part of the company's core exploration and development activities, focusing on tapping into the untapped potential of Kenya's oil and gas sector. Through comprehensive geological and geophysical evaluations, Vanoil aims to uncover significant hydrocarbon reserves, ultimately contributing to Kenya's energy independence and economic growth.
In the Seychelles, Vanoil Energy Ltd. holds a 25% interest in Areas A and B, which encompass 14,319 square kilometers. This venture represents Vanoil's dedication to extending its exploration activities beyond the African mainland into the Indian Ocean, highlighting the company's adaptive strategy in diverse geographies. By exploring these areas, Vanoil seeks to identify and develop offshore hydrocarbon resources, thereby enhancing the Seychelles' possibilities in the energy sector and contributing to the archipelago's economy.