Rig Mobilisation, Goudron Field, Trinidad

For Immediate Release, 7 am 17 April 2014

LENI GAS AND OIL PLC

("LGO" or the "Company")

Rig Mobilisation, Goudron Field, Trinidad

LGO today announces that the Ministry of Energy and Energy Affairs have given approval to commence drilling at the Company's 100% owned and operated Goudron Field ("Field") in Trinidad and the Well Services Petroleum Company Limited (Well Services) Rig 20 is being mobilised to the Field. The first well is expected to spud shortly after the Easter holiday.

The access roads have now been upgraded and all other necessary facilities are in place to receive the rig. Production operations will be largely unaffected by the drilling with approximately 70 reactivated wells contributing to ongoing production.

The first new well on the Field since 1981, H-18E J-7, is targeting known productive sandstone intervals in the Lower Cruse at a depth of 2,800 feet sub-sea and will then be deepened to ensure all potentially productive horizons are intersected. The Company will provide additional information once drilling operations have commenced.

Neil Ritson, LGO Chief Executive, commented:

"After careful planning we are ready to commence the drilling of the first of many infill development wells at Goudron. We are especially grateful for the support we have received in this process from Petrotrin. The use of modern drilling equipment and techniques are expected to contribute significantly to the potential flow rates that new wells can achieve. We are naturally very excited to have reached this point and look forward to announcing results as they are available."

Competent Person's Statement:

The information contained in this announcement has been reviewed and approved by Neil Ritson, Chief Executive Officer and Director for Leni Gas & Oil Plc, who has over 35 years of relevant experience in the oil industry. Mr. Ritson is a member of the Society of Petroleum Engineers (SPE), an Active Member of the American Association of Petroleum Geologists (AAPG) and is a Fellow of the Geological Society of London.

Enquiries:

Leni Gas & Oil plc

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