Oil production exceeds 500 barrels per day

For Immediate Release

10 October 2013

Leni Gas & Oil PLC

("LGO" or the "Company")

Oil production exceeds 500 barrels per day

LGO is pleased to announce that the Company has reached the significant milestone of achieving net oil production of over 500 barrels per day from combined operations in Trinidad and Spain.

The majority of this production growth has come from the Company's assets in Trinidad where the ongoing program to work-over and reactivate wells is proving successful. LGO's post-tax profit from operations now exceeds US$300,000 per month and the Company sees this financial position as sustainable and will be further strengthened as new wells continue to be put on production in Trinidad and well enhancement work is undertaken in Spain.

Neil Ritson, the Company's CEO, commented:

"Reaching this operational milestone is very encouraging and is a further demonstration of the potential in the Goudron Field in Trinidad. It is also very significant that this production increase, when combined with the recently implemented reduced overriding royalty rates in Trinidad, have seen the Company's overall cash flow strengthen significantly in the last few months. "

Enquiries:

Leni Gas & Oil plc

Beaumont Cornish Limited

Old Park Lane Capital Plc

Pelham Bell Pottinger