Appointment of Joint Broker

ENEGI OIL PLC

AIM ticker: 'ENEG'

OTC ticker: 'EOLPF'

7 May 2013

Enegi Oil Plc

('Enegi' or 'the Company')

Appointment of Joint Broker

Enegi, the independent oil and gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland and Jordan is pleased to announce that it has appointed Shore Capital as joint broker with immediate effect. Cenkos Securities will remain as NOMAD and joint broker to the Company.

Enquiries:

www.enegioil.com

Facebook (Enegi Oil PLC)

Twitter (@enegioil)

About Enegi

Enegi Oil Plc is an independent oil and gas company whose strategy is to create an oil and gas company with a diversified portfolio of assets across the E&P value chain. The Company's current portfolio is made up of operations focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada, the Clare Basin in County Clare, Ireland, the UK North Sea and Jordan. The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions. The Clare Basin is located in western Ireland and initial technical studies show that it has the potential to contain shale gas. The Company's licences in the UK North Sea benefit from significant previous exploration investment, and have been selected based on buoy technology operating criteria. The Company has also entered into the highly prospective Dead Sea and Wadi Araba in Jordan with its partner Korea Global Energy Corporation.