Joint Development Agreement signed with Antrim

ENEGI OIL PLC

AIM ticker: 'ENEG'

OTC ticker: 'EOLPF'

13 November 2013

Enegi Oil Plc

('Enegi' or 'the Company')

Joint Development Agreement signed with Antrim

Enegi, the independent oil and gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland, and Jordan, is pleased to announce that further, to the announcement of 2 July 2013, Enegi and ABTechnology have signed a Joint Development Agreement with Antrim Resources (N.I) Limited ("Antrim") governing UK Central North Sea Licence P077, which contains the Fyne oil field. Antrim currently holds a 100% interest in and is Operator of the Licence.

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