BOIL.L Regulatory News (BOIL)

For immediate release 13 February 2012

GOLD OIL PLC

("Gold Oil" or the "Company")

Directorship Change

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

Julian Garcia

With immediate effect Mr Julian Antonio Garcia has been appointed to the Board of Gold Oil Plc. Julian, 53, joined the Company in November 2011and has considerable experience in Colombia, most recently as 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 the 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, Chairman John Bell said, "I am very pleased to be able to announce the appointment of Julian to the Board of Gold Oil Plc. His experience in Colombia will be a great asset to the Board as this is an area which we see as having significant growth potential and I am very confident that Julian, with his background will make a huge contribution to the running of the Company. On behalf of the Board I welcome him to the Board and congratulate him on his appointment."

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

Gold Oil Plc

John Bell - Chairman Tel: +44 (0) 203 427 5089

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