Grant of Options

1st May2009
                            Gold Oil plc
                    ("Gold Oil" or "the Company")

                          Grant of Options


Gold Oil announces that it has granted Thomas Tidow, Gold Oil's
Operations Director, options over 2.5 million new ordinary shares in
the Company at an exercise price of 4 pence per share.  These options
will vest immediately and are exercisable any time over the next 3
years.

Ends

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

Gold Oil
Mark Pritchard,  Chairman                                 Tel:   0208
332 6882

Seymour Pierce
Jonathan Wright / Richard Redmayne                Tel: [phone]

Notes to Editors

Gold Oil  is an AIM-listed  oil and  gas exploration  and  production
company primarily focused on opportunities in Latin America.   It has
oil production  in Colombia and  significant exploration  acreage and
licences both onshore and offshore in Peru and onshore Colombia.

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