Significant Shareholding

For Immediate Release 19 November 2007 GOLD OIL PLC ("Gold Oil" or the "Company") Significant Shareholding The Company was informed today that following a purchase today of 9,000,000 ordinary shares in Gold Oil, Mr I Parvizi has an interest in 64,800,000 ordinary shares of the Company's shares, representing 13.64% of the Company's issued share capital. ENDS Contact: Michael Burchell, Chairman on 01372 361 772 Roland Cornish, Beaumont Cornish Limited on 020 7628 3396 ---END OF MESSAGE---