Date: 14 Apr 2009

he following announcement replaces the announcement made at 10.30am today. The only change is to the current holding/percentage of the shareholder which was incorrectly stated in the notification to the Company. The full text of the replacement announcement is set out below.

Gold Oil plc – Holding in Company

Gold Oil plc (’Gold Oil’ or the ‘Company’) was informed on 15 April that John Gary Moore has disposed of 1,175,000 ordinary shares in the Company and now holds 26,875,000 ordinary shares, representing approximately 5.4 per cent. of the issued share capital of the Company.

For further information on the Company, visit www.goldoilplc.com or contact:

Gold Oil Mark Pritchard, Chairman Tel: 07802 827 846
Seymour Pierce Jonathan Wright / Richard Redmayne Tel: 020 7107 8000

Notes to Editors

Gold Oil is an AIM-listed oil and gas exploration and production company primarily focused on opportunities in Latin America. It has oil production in Colombia and significant exploration acreage and licences both onshore and offshore in Peru and onshore Colombia.