Exercise of Warrants and Total Voting Rights

For Immediate Release

17 June 2014

Leni Gas & Oil PLC

("LGO" or the "Company")

Exercise of Warrants and Total Voting Rights

LGO today announces that Dutchess Opportunity Cayman Fund Limited have exercised their rights to purchase 1,000,000 shares in the Company at a price of 2p per share (the "Shares"), under an arrangement pursuant to the Equity Line Facility announced nearly 4 years ago on 3 October 2011 and subsequently terminated a year later on 12 November 2012 following the successful acquisition of the Goudron Field.

Application has been made for the Shares to be admitted to trading on AIM and it is anticipated that trading in the Shares will commence on or around 23 June 2014. These Shares will rank pari passu in all respects with the Company's existing issued ordinary shares.

Following the issue of these new shares the Company's issued share capital will consist of 2,410,729,364 ordinary shares with a nominal value of 0.05p each with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury.

The above figure of 2,410,729,364 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

Leni Gas & Oil plc

Beaumont Cornish Limited

Old Park Lane Capital Plc

Bell Pottinger