Colombia update

4 February 2013

GOLD OIL plc

("Gold Oil" or "the Company")

Nancy Burdine Field Update

Gold Oil, the AIM-listed oil and gas exploration and production company, is pleased to announce that the average production in January 2013 of the Nancy Burdine field was 500 BOPD. Gold Oil has increased its interest in the field to 81.9 % interest.

For further information:

Gold Oil Plc

Rudolph Berends (Chairman & CEO) Tel: +44 (0) 203 427 5089

Seymour Pierce Ltd (Nomad and Joint Broker):

David Porter / Stewart Dickson (Corporate Finance) Tel: +44 (0) 20 7107 8000

Richard Redmayne / David Banks (Corporate Finance)

FirstEnergy Capital LLP (Joint Broker):

Hugh Sanderson / Travis Inlow Tel: + 44 (0) 20 7448 0200

The average production in January of the Nancy Burdine field was 500 BOPD. 

Gold Oil has a 81.9 % interest in the field.