Vanoil Energy Ltd. announced that it has executed a six month extension to the Technical Evaluation Agreement with the Rwandan Ministry of Natural Resources for Vanoil's 1,631 square kilometre oil and gas license in the East Kivu Graben Basin. Vanoil continues to work with the Rwandan Government on drafting of a Production Sharing Contract which, when completed, will become the country's first PSC. Vanoil, with the assistance of experts from Syracuse University in New York, has just completed its high resolution, low energy, low penetration 2D seismic survey. Processing of this data is currently underway in Calgary, Alberta and Syracuse, New York. The Company expects to have this data processed and interpreted by late May 2012.