Rwanda Grants Extension To Vanoil

Rwandan authorities have approved a two month extension to Vanoil Energy’s 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 629 square miles (1,631 square kilometers) of the East Kivu Graben, located beneath Lake Kivu, Rwanda.


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