Vanoil Energy Ltd. (Vanoil) is pleased to provide an update on the Company's operations at the Madogashe-I drill site Block 3A in Kenya. As per the condition in the extension granted by the Ministry of Energy on January 22, 2013, the Company commenced drilling operations prior to July 31, 2013; thus satisfying the Company's commitment in the amended Blocks 3A and 3B Production Sharing Contract.
Drill site operations have been affected recently by several incidents of local protest; so at the request of the County Governor the Company has agreed to slow down drill site operations while working with key stakeholders to address any concerns they may have.
Aaron D'Este, Vanoil's President and CEO, stated "Vanoil's drilling program in Garissa is a major project for the county and it must be executed carefully and safely. Vanoil has engaged with all the key stakeholders to ensure its ongoing drill program is executed efficiently while having a positive impact on the local community. The Company acknowledges the cooperation and support received from the Ministry of Energy, the County Governor and the local members of parliament (MPs) with regard to the local consultation process".
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