Holding(s) in Company

The following announcement replaces the announcement made at 10.30am
today.  The only change is to the current holding/percentage of the
shareholder which was incorrectly stated in the notification to the
Company.  The full text of the replacement announcement is set out
below.

                            Gold Oil plc

                         Holding in Company

Gold Oil plc ("Gold Oil" or  the "Company") was informed on 15  April
that John Gary Moore has disposed of 1,175,000 ordinary shares in the
Company  and  now  holds  26,875,000  ordinary  shares,  representing
approximately 5.4  per  cent. of  the  issued share  capital  of  the
Company.

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

Gold Oil
Mark Pritchard, Chairman                   Tel: [phone]

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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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.