Date: 30 Sep 2009

Gold Oil Plc            

(’Gold Oil’ or the ‘Company’)                      

Issue of Equity / TVR

Application has today been made for the admission to trading on AIM of 328,850 new ordianry shares in the capital of the Company which have been issued in lieu of certain fees accruing to a consultant geologist to the Company.

Admission is expected to occur on 6 October 2009.

Following this issue of shares, Gold Oil has 500,757,759 ordinary shares in issue with an equivalent number of voting rights.

The above voting figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or change to their interest in, the Company under the FSA’s Disclosure and Transparency Rules.

For further information, please contact:

Gold Oil Plc       Tel: +44 (0) 208  332 6882
Mark Pritchard

Seymour Pierce Ltd Tel: +44 (0) 207 107 8000
Jonathan Wright

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