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VanOil

Alberta
Vanoil owns a 42% working interest in the Sarcee 12-13-23-4W5M (“Sarcee 12-13″) gas well and the surrounding four sections (2,560 acres) of land in the Sarcee (Turner Valley Area) in Southwestern Alberta. The Sarcee 12-13 well is located on the Tsuu T’ina First Nation (Sarcee Reserve) immediately west of the City of Calgary, Alberta. Evaluation of 3D seismic over these lands has identified the structural feature verified by the current Sarcee 12-13 discovery as well as two or three development locations on this structure. Based on the Chapman report dated August 2009 it has assigned approximately 10 billion standard cubic feet to Vanoil’s 42% working interest.Production will be subject to basic aboriginal royalties and a 6.5% gross overriding royalty.

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Management

Dal Brynelsen
President, Chief Executive Officer, Audit Committee, Director
With over 30 years of experience in the resource industry, Mr. Brynelsen has been the President, CEO and a Director of Vangold for the past 20 years.
James Passin
Compensation Committe, Director
Mr. James Passin joined Firebird Management in 1999, where he co-founded and manages Firebird Global Fund and Firebird Global Fund II.
Michael Mackey, B.A., Llb
Audit Committee, Compensation Committie, Director
Mike is the Managing Director of a private investment and consulting firm.
Donald Padgett
Compensation Committee, Audit Committee, Director
Don has extensive experience in all aspects of public company finance and governance.
Francis Karanja
Exploration Geologist, Director
Peteroleum exploration geologist with over 20 years experience in Petroleum Exploration with Vangold,Shell,Amoco and National Oil Corporatiion
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