Holding(s) in Company

For Immediate Release
12 December 2007



             GOLD OIL PLC ("Gold Oil" or the "Company")

                      Significant Shareholding

The Company was informed on 10 December 2007 that following an
acquisition of ordinary shares in Gold Oil on 6 December 2007,
Credit Agricole Cheuvreux International Ltd has an interest in
23,131,268 of the Company's shares, representing 4.83% of the
Company's issued share capital.

ENDS


Contact:
Michael Burchell, Chairman on 01372 361772
Roland Cornish, Beaumont Cornish Limited on 020 7628 3396

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