Annual Financial Report

Spitfire Oil Limited

Posting of Annual Report

Spitfire Oil Limited today announces that the Annual Report for the year ended 30 June 2014 has been posted to shareholders.

Copies of the Annual Report are available on the Company's website at http://www.spitfireoil.com/

For further information, please contact:

Spitfire Oil Ltd: Telephone: +44 (0)20 7629 7774

Mladen Ninkov - Chairman

Roger Goodwin - Director

Panmure Gordon (UK) Limited: Telephone: +44 (0)20 7886 2500

Dominic Morley

Spitfire Oil Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol SRO).

The Company's news releases are available on the Company's web site: www.spitfireoil.com