Ministry Approval

Gold Oil PLC
21 April 2006


FOR IMMEDIATE RELEASE                                            21st April 2006



 GOLD OIL'S EXPLORATION AND PRODUCTION LICENCE FOR BLOCK XXI, GETS APPROVAL BY
                          MINISTRY OF ENERGY AND MINES


Gold Oil Plc ('Gold Oil' or the 'Company'), the London-based oil exploration
company, announces that on Thursday, 20th April 2006, in the Government Gazette,
that the Ministry of Energy and Mines approved the Exploration and Production
Licence entered into between Gold Oil and PeruPetro (the State Oil company of
Peru), for Block XXI, onshore Peru and announced on 13 January 2006.


Gold Oil initialized the contract with PeruPetro in December 2005 and. approval
by the Ministry of Energy and Mines now allows the Company to commence drilling
on Block XXI. All equipment for the first well, San Alberto 1X, has been ordered
and Gold expects to finalise an agreement with a Peruvian drilling contractor to
spud San Alberto-1X at the beginning of June at an AFE cost of US$1.3 million.


Colombia Block 21


The Company is pleased to announce that preparation work is progressing well on
the Nancy-3 wellsite and that the operator expects to start workover operations
around 5th May


Enquiries:

Gary Moore Operations Director          Tel: [phone]

Email: [e-mail]

Mike Burchell Chairman                  Tel. [phone]

Email: [e-mail]

Roland Cornish Beaumont Cornish Limited Tel: [phone].


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