Gold Oil Regulatory News (GOO)

For immediate release                                                                                                          30 November 2011                             

GOLD OIL PLC

("Gold Oil" or the "Company")

Colombia Country Manager Appointment

Gold Oil, the AIM-listed oil and gas exploration and production company, with a primary focus on opportunities in Latin America, is pleased to announce the following appointment:

With immediate effect Mr Julian Garcia has joined Gold Oil in Colombia as Country Manager.  Julian has considerable experience in Colombia and was until recently the President of Gran Tierra Energy in Bogota.  Prior to that he was General Manager with Emerald Energy Plc in Colombia and Technical Director of the National Hydrocarbons Agency of Colombia (ANH) where he was largely responsible for introducing the current oil and gas licensing legislation.  He also has 10 years experience working for BP, both in Colombia and UK and Ecopetrol for 4 years. Julian has a diverse range of experience in the oil and gas business with significant achievements in a number of senior managerial positions ranging from general management, joint ventures, commercial, finance, planning and operations, both within Colombia and also internationally.

Commenting on the appointment, Chief Executive Officer Richard Mew said, "I am very pleased to be able to announce the appointment of Julian to lead our business in Colombia.  This is an area which we see as having significant growth potential and I am very confident that Julian, with his background and experience will prove to be a great asset for the Company and allow us to expand rapidly in Colombia.  On behalf of the Board I welcome him to the Company and look forward to working with him on current and future growth opportunities." 

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

Gold Oil Plc

Richard Mew - CEO                                                                                            Tel: +44 (0) 203 427 5089

Seymour Pierce Ltd (Nomad and Joint Broker):

Jonathan Wright / Stewart Dickson (Corporate Finance)                             Tel:  +44 (0) 20 7107 8000

Richard Redmayne / Jeremy Stephenson (Corporate Broking) 

FirstEnergy Capital LLP (Joint Broker):                                                                                                                 

Hugh Sanderson / Travis Inlow                                                                        Tel: + 44 (0) 20 7448 0200

Buchanan (Financial PR)                                                                                  Tel: +44 (0) 20 7466 5000

Tim Thompson/Ben Romney/Helen Chan