GHS Operational Update

ENEGI OIL PLC

AIM ticker: 'ENEG'

04 January 2012

Enegi Oil Plc

('Enegi' or 'the Company')

GHS operational update

The Company is pleased to announce it has now completed site preparations and has been notified by Schlumberger that personnel are being mobilised and will be on site this week to start the well operations at Garden Hill South as previously announced. Updates on the progress of the workover and testing will follow as the program is implemented.

Photographs of operations at Garden Hill South will be posted on the Company website during the workover.

Enegi Oil Tel: + 44 161 817 7460

Alan Minty, CEO

David Parry, Director Tel: + 1 604 568 0733

Cenkos Securities Tel: + 44 207 397 8900

Jon Fitzpatrick

Neil McDonald

College Hill Tel: + 44 207 457 2020

Nick Elwes

www.enegioil.com

The Company

Enegi Oil Plc is an independent oil and gas company. Current operations are focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada and the Clare Basin in County Clare, Ireland. 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.