Appointment of Broker

29 October 2008

                       Gold Oil Plc (AIM: GOO)
                    ("Gold Oil" or the "Company")

             Appointment of Fox-Davies Capital as Broker

Gold Oil  Plc, the  AIM-quoted oil  and natural  gas exploration  and
production company, is pleased to announce that it has appointed  Fox
Davies Capital Limited ("Fox-Davies"),  as its broker with  immediate
effect.

Mike Burchell, Chairman of Gold Oil, said:

"Gold Oil  is  very  pleased to  be  able  to announce  that  it  has
appointed Fox-Davies Capital as its broker, due to its expertise  and
track record in advising and raising funds for oil and gas  companies
operating in emerging markets."



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


Michael Burchell                Chairman           Tel: [phone]
Roland Cornish                  Beaumont Cornish   Tel: [phone]
                                Limited
Richard Hail, Head of Corporate Fox Davies Capital Tel  [phone]
Finance
Jonathan Charles                Conduit PR         Tel: [phone]



Notes to Editors

Fox-Davies Capital  is a  Member  of the  London Stock  Exchange  and
specialises in  providing  Corporate Finance  advisory,  broking  and
capital  raising  services   to  international  resource   companies.
Fox-Davies provides its corporate clients with access to investors in
the UK,  European  and North  American  capital markets  and  has  an
established track record with specialist resource investors.

Further information is available on Fox Davies Capital's website  at:
www.fdcap.com

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