Vanoil Energy Ltd. announced that Aaron D'Este has elected to stand down as President, CEO and Director due to health restrictions. The company announced that Sam Malin, currently a non-executive director, has agreed to become President and CEO. This provides a seamless transition for the Company as Sam has an excellent understanding of Vanoil's assets.

Moreover, as founder and CEO of Avana, Sam was directly responsible for the Company's involvement in two key assets - the highly prospective Kenyan L9 offshore block with partners Ophir Energy plc and FAR Limited and Seychelles' Exploration Areas A and B with partner Afren plc. Sam's previous experience includes the founding of Madagascar Oil Limited and Red Island Minerals Ltd.