Appointment of FirstEnergy Capital as joint broker

Gold Oil PLC
                            ("Gold" or "theCompany")

               Appointment of FirstEnergy Capital as joint broker


Gold  Oil,  the  AIM-listed  oil  and  gas  exploration  and  production company
primarily  focused on opportunities in Latin America, is pleased to announce the
appointment  of FirstEnergy Capital  LLP ("FirstEnergy") as  joint broker to the
Company with immediate effect.


FirstEnergy  is a leading  international energy-focused investment  bank and has
securities licenses in Canada, United States and the UK with offices in Calgary,
Alberta  and a full-service  energy investment banking  operation in London, UK.
 FirstEnergy's UK activities include corporate broking, equity research, sales &
trading,  corporate mergers & acquisitions and oil and gas property acquisitions
& divestiture advisory.

For further information, please contact:


Gold Oil PLC:

John Bell - Chairman
Tel: [phone]
Richard Mew - CEO                                          Tel: +44 (0)
203 427 5089
Seymour Pierce Ltd (Nomad and Joint Broker):

Jonathan Wright/Stewart Dickson             Tel: [phone]
(Corporate Finance)

Richard Redmayne / Jeremy Stephenson
(Corporate Broking)

FirstEnergy Capital LLP (Joint Broker):

Hugh Sanderson / Travis Inlow                   Tel: + 44 (0) 20 7448 0200


Notes to Editors

Gold Oil
Gold Oil PLC is an independent oil and natural gas exploration and exploitation
company focused on Central and Southern America. Shares in Gold are quoted on
the AIM market of the London Stock Exchange (AIM:GOO).
The Company is seeking to maintain a balanced portfolio of high-risk high reward
and low risk cash flow projects by establishing significant licence positions
concentrated in a few geographic areas. The Company currently has significant
acreage and is recognised as an operator for both onshore and offshore Peru, and
is an operator with exploration and production licences onshore Colombia.
The Company's objective is to deliver shareholder value through capital
appreciation.






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Source: Gold Oil PLC via Thomson Reuters ONE

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