Vanoil Energy Ltd. announced it has executed a two month extension to its Technical Evaluation Agreement with the Rwandan Ministry of Natural Resources. The agreement provides Vanoil with the exclusive right to negotiate a Production Sharing Contract (PSC') covering approximately 1,631 square kilometres of the East Kivu Graben, located beneath Lake Kivu, Rwanda.
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- Vanoil Energy Ltd. Extends Technical Evaluation Agreement with Ministry of Natural Resources of Rwanda