Completion of Transaction

20 Nov 2009 07:01



20 November 2009

FORTUNE OIL PLC

("Fortune Oil" or "the Company")

Completion of the Acquisition of a Minority Interest in Fortune Liulin Gas Company Limited

Further to the announcement issued on 16 November 2009 the Board of Fortune Oil PLC announce that, following the admission of the 14,314,047 new Fortune Oil ordinary shares of 1p each on 19 November 2009 issued to Molopo Energy Limited, the acquisition of the 26.1 per cent minority interest in Fortune Liulin Gas Company Limited has been completed.

Enquiries:

Fortune Oil PLC

John Pexton - Deputy Chief Executive Tel: 00 852 2583 3113 (Hong Kong)

Pelham Public Relations

Archie Berens Tel: 020 7337 1509 or 07802 442 486