Result of AGM

Spitfire Oil Limited

8th Floor, 54 Jermyn Street, London. SW1Y 6LX. United Kingdom

Telephone: + 44 (0)20 7629 7774 Facsimile: + 44 (0)20 7629 7773

Annual General Meeting

16th March 2018.

At the annual general meeting held today of the shareholders of Spitfire Oil Limited, all the resolutions put to the meeting contained in the notice dated 15th February 2018 were duly passed:

Further information

Spitfire Oil Limited

Mladen Ninkov - Chairman

Roger Goodwin - Director Telephone: +44(0)20 7629 7774

Panmure Gordon (UK) Limited: Telephone: +44 (0)20 7886 2500

Dominic Morley

Spitfire Oil Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol SRO)

The Company's news releases are available on the Company's web site: www.spitfireoil.com