Grant of Options

5/1/2009, 12:20 PM (Source: GlobeNewswire)
1st May2009
Gold Oil plc
("Gold Oil" or "the Company")

Grant of Options


Gold Oil announces that it has granted Thomas Tidow, Gold Oil's
Operations Director, options over 2.5 million new ordinary shares in
the Company at an exercise price of 4 pence per share. These options
will vest immediately and are exercisable any time over the next 3
years.

Ends

For further information on the Company, visit www.goldoilplc.com or
contact:

Gold Oil
Mark Pritchard, Chairman Tel: 0208
332 6882

Seymour Pierce
Jonathan Wright / Richard Redmayne Tel: 020 7107 8000

Notes to Editors

Gold Oil is an AIM-listed oil and gas exploration and production
company primarily focused on opportunities in Latin America. It has
oil production in Colombia and significant exploration acreage and
licences both onshore and offshore in Peru and onshore Colombia.
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