Appointment of Exploration Manager

2 October 2013

ELAND OIL & GAS PLC

("Eland" or the "Company")

Appointment of Exploration Manager

Eland Oil & Gas PLC (AIM: ELA), an oil & gas development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce the appointment of Mr Arie Albert ("Bert") Dijksman MSc, PhD as Exploration Manager, effective 1 October 2013.

Bert Dijksman has over 30 years of international energy industry experience principally with Royal Dutch Shell.

After gaining his PhD in Geosciences from Utrecht University in 1977, Mr Dijksman joined Shell International E&P working in various exploration roles in:

· Tunisia, where during his tenure discoveries of the Birsa, Tazerka and Oudna oil fields were made;

· Oman and Peru, where he was directly involved in the discovery of the giant Camisea gas field;

· the UK, where he identified abundant near field potential of the Southern North Sea gas fields;

· Egypt and Namibia, where, as Exploration Manager, he was responsible for the evaluations of the poorly explored passive margin and directly involved in the development planning of the Kudu gas field.

After 22 years with Shell, Bert has held a number of senior international exploration advisory and consultancy roles. These included Maghreb Petroleum Exploration, Morocco where he evaluated several inland basins and shallow offshore tracts and Staatsolie Maatschappij Suriname, again as Exploration advisor, where he was responsible for the full exploration cycle. Several additional fields were discovered during his tenure reversing the then declining production into an increased production of over 50%.

Since 2010, Bert has been working on OML 40 for Eland in a consultancy capacity.

Les Blair, CEO of Eland Oil and Gas, commented:

"We are very pleased to have Bert Dijksman join our team as he brings to us his extensive international geophysical and geological experience. Bert is an all-round and technically hands-on explorationist and has been involved in many integrated studies from exploration to field development. He will be a valuable addition to our London technical team."

For further information:

Eland Oil & Gas PLC (+44 (0) 207 016 3180)

Les Blair, CEO

George Maxwell, CFO

Edward Cozens, IR

Canaccord Genuity Limited (+44 (0) 207 523 8000)

Henry Fitzgerald-O'Connor

Peter Stewart

FirstEnergy Capital LLP (+44 (0) 207 448 0200)

Majid Shafiq

Khalid Ahmed

Citigate Dewe Rogerson (+44 (0) 207 638 9571)

Martin Jackson

Jack Rich

Note to Editors

OML 40 Overview

OML (Oil Mining Lease) 40 is an asset lease with existing production facilities and world class exploration potential, located onshore Nigeria within the Niger Delta and covers an area of 498 square kilometres. Since it was awarded to Shell in 1964, 18 wells have been drilled, based on 2D seismic with 15 wells intersecting hydrocarbon reservoirs including one developed oil field (Opuama) and four undeveloped fields, a success rate of 83%

The Opuama field was in production from 1975 to 2006 when SPDC (Shell Petroleum Development Company) JV undertook a controlled shut down of the facility due to nationwide security concerns. The field was producing 2,500 bopd at the time of the shut-in. The field facilities consist of a flow station with a nominal capacity of 30,000 blpd and pipeline access to the Shell operated Trans Escravos Pipeline and Forcados Terminal.

OML 40 represents an asset with 81.8 million barrels of gross lease 2P Reserves, 105.4 million barrels of gross lease 3P Reserves and 45.3 million barrels of gross lease 2C Contingent Resources, as outlined in the CPR prepared by Netherlands Sewell Associates Inc in July 2013. In addition, there is a significant identified exploration portfolio based on 3D seismic with total unrisked crude oil Prospective Resources of 119.5 million barrels.