Posting of Annual Report & Accounts

ENEGI OIL PLC

AIM ticker: 'ENEG'

OTC ticker: 'EOLPF'

30 December 2014

Enegi Oil Plc

("Enegi" or "the Company")

Posting of Annual Report and Accounts

Enegi announces that the Annual Report and Accounts for the year ended 30 June 2014 were posted to shareholders on 30 December 2014. The Report and Accounts will also be available on the Company's website from 31 December 2014 (www.enegioil.com).

www.enegioil.com

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Enegi Oil Plc is an independent oil and gas company whose strategy is to build a diverse portfolio of assets with a strong emphasis on acquiring interests in marginal fields. These marginal fields are low risk highly-appraised projects and consequently the Company's entry cost will be low. Enegi will look to develop these assets utilising ABTechnology's buoyant solutions, which are appropriate and change the development economics of a project. This is also expected to enable the early booking of reserves. The Company's current portfolio is made up of operations focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada, the UK North Sea and Jordan. 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 Company's licences in the UK North Sea have discovered hydrocarbons on them and have been selected based on buoy technology operating criteria. The Company has also entered into the highly prospective Dead Sea and Wadi Araba Block in Jordan with its partner Korea Global Energy Corporation.