Director/PDMR Shareholding

Gold Oil PLC

18 October 2010


                                  Gold Oil plc

                              Directors' Dealings

Gold  Oil plc ("Gold Oil" or the "Company") was notified on 18 October 2010 that
Richard Mew, its Chief Executive Officer, today acquired 200,000 ordinary shares
in  the Company at  a price of  4.71 pence per share, representing approximately
0.03 per  cent. of the issued share capital  of the Company. This represents his
total shareholding in the Company.


For further information on the Company, visit www.goldoilplc.com or
contact:

Gold Oil PLC

John Bell - Chairman                Tel: [phone]
Richard Mew - CEO                                Tel: [phone]
Seymour Pierce Ltd

Jonathan Wright/Stewart Dickson             Tel: [phone]
(Corporate Finance)
Richard Redmayne/Jeremy Stephenson
(Corporate Broking)

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.


[HUG#1452704]








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Source: Gold Oil PLC via Thomson Reuters ONE