CERP.L Regulatory News (CERP)

For Immediate Release, 7am 12 August 2013

LENI GAS AND OIL PLC

("LGO" or the "Company")

Goudron Update, Trinidad

LGO today announces that the recently constructed additional sales capacity at the Goudron Field was now fully certified and the first sale from the tank has been made.

Further to the announcement on 1 August 2013 the Company has confirmed that all certification is now in place and the additional capacity, allowing daily sales of up to a maximum of approximately 745 barrels of oil, is now in use. The first sale through the newly constructed facility was made last Friday with a total of 665 barrels being sold. Future sales will use the full capacity of the sales tanks and will give the Company the ability to sell all its production up to in excess of 530 barrels per day.

Separately the Company has acquired several additional pump jacks in the local Trinidad market which will complement the next batch of ten new Chinese built pumps which have just cleared customs and are being transported to the field. A further ten new Chinese built pump jacks are on order for mid-September delivery. Well reactivation in the field continues in line with the Company's plan to reactivate up to 90 of the original 154 wells.

Neil Ritson, LGO Chief Executive, commented: "Well work-over and infrastructure construction activity at the field continues at an excellent pace and we anticipate a period of renewed production growth over the next few months, and beyond. In the original 2011 field assessment we anticipated reactivating about 50 wells, this has now risen to nearly 90 wells, and there is potential for this level to be exceeded."

Competent Person's Statement:

The information contained in this announcement has been reviewed and approved by Neil Ritson, Chief Executive Officer and Director for Leni Gas & Oil Plc, who has over 35 years of relevant experience in the oil industry. Mr. Ritson is a member of the Society of Petroleum Engineers, an Active Member of the American Association of Petroleum Geologists and is a Fellow of the Geological Society of London.

Enquiries:

Leni Gas & Oil plc

Beaumont Cornish Limited

Old Park Lane Capital Plc

Pelham Bell Pottinger