Operations Update on Rosa Blanca 1

29th January 2009

                       Gold Oil Plc (AIM: GOO)
                    ("Gold Oil" or the "Company")

The company announces the suspension of testing operations on the
Rosa Blanca 1 well. The drilling rig is being demobilized after
testing of the lower and middle sections of the target reservoirs
failed to find producible hydrocarbons.
The Joint Venture partners, Lewis Energy Colombia, Osage Exploration
and Development and EMPESA will come to a decision shortly on whether
to re-enter the well with a smaller work over rig and retest the
middle sections and test the upper section encountered after
considering the logs, sidewall core, and data collated to date from
testing operations.
The technical  information contained  in this  announcement has  been
reviewed and approved by the Chairman of the board, Michael Burchell,
B.Sc., 68, member of the SPE and with over 46 years experience in the
oil and gas business.

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


Michael Burchell  Chairman                 Tel: [phone]
Roland Cornish    Beaumont Cornish Limited Tel: [phone]
Daniel Fox Davies Fox Davies Capital       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 Colombia and Peru.

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