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vanoil energy ltd (VNLEF) Snapshot

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03/7/14 - $0.12
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vanoil energy ltd (VNLEF) Details

Vanoil Energy Ltd., an oil and gas company, engages in the acquisition, exploration, and evaluation of oil and gas properties in Kenya, Rwanda, and the Republic of Seychelles. The company owns a 100% interests in the 3A and 3B blocks that cover approximately 24,912 square kilometers in Kenya. It also has rights to the 1,631 square kilometer oil and gas concession located in the northwestern part of Rwanda. In addition, the company holds a 25% interests in offshore exploration areas that cover approximately 14,319 square kilometer situated in the Republic of Seychelles. Vanoil Energy Ltd. was incorporated in 2009 and is headquartered in Vancouver, Canada.

vanoil energy ltd (VNLEF) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$167.2K
Compensation as of Fiscal Year 2013.

vanoil energy ltd (VNLEF) Key Developments

Vanoil Energy Ltd. expected to report Q1 2015 results on February 27, 2015. This event was calculated by Capital IQ (Created on January 30, 2015).

Vanoil Energy Ltd. expected to report Q1 2015 results on February 27, 2015. This event was calculated by Capital IQ (Created on January 30, 2015).

Vanoil Energy Ltd. Auditor Raises 'Going Concern' Doubt

Vanoil Energy Ltd. filed its Annual on Jan 28, 2015 for the period ending Sep 30, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Vanoil Energy Ltd. Announces Management Changes

Vanoil Energy Ltd. announced the resignation of Mr. Sam Malin as president, chief executive officer and director of the company effective October 29, 2014. Vanoil announced the appointment of Mr. Don Padgett as interim president and CEO of the company. Mr. Padgett has an extensive investment banking background focused on corporate finance and the restructuring of troubled companies. Don has served as a director for Vanoil since its inception in December 2009.


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