Notice of Annual General Meeting

ENEGI OIL PLC

AIM ticker: 'ENEG'

22 December 2011

Enegi Oil Plc

('Enegi' or 'the Company')

Notice of Annual General Meeting

The Company announces that Notice of the Annual General Meeting has been posted to shareholders. The meeting will be held at 11.30am on Wednesday 18th January 2012 at 58 Mosley Street, Manchester, M2 3HZ.

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.