11 April 2007

Gold Oil plc ("Gold or the Company") announces Directors' dealings

DIRECTORS' DEALINGS

The Board announces the following Director dealings:

Name     Warrants    Warrants       Number of Shares    Percentage of Issued
         Exercised   Remaining      Held                Shares
Michael
Burchell 575,000    1,150,000 at    6,150,000           1.40%
                    1p
                    5,400,000 at
                    9p
Gary
Moore   2,300,000   4,600,000 at   23,500,000           5.34%
                    1p
                    10,000,000 at
                    9p
Patrick 575,000     575,000        575,000              0.13%
Mahony

The Shares will rank pari passu with all existing shares in issue, and application will be made for admission to trading on AIM.

Enquiries:

Gary Moore
Managing Director Tel: +44 (0)1737833597
Email: gmoore@goldoilplc.com

Mike Burchell
Chairman Tel. +44 (0) 1372361772
Email: mikeburchell@hotmail.com

Roland Cornish Beaumont
Cornish Limited Tel: +44 (0) 20 7628 3396