Oil Field Disposal

FOR IMMEDIATE RELEASE
15 April 2008


               GOLD OIL plc ("Gold" or "the Company")

                    Ayoleungo oil field disposal


Gold Oil announces that the Company has disposed of its remaining
11.25% of the onshore Ayoleungo oil field in Northern Spain to Leni
Gas & Oil plc for EUR 315,211.


For further information, please contact:

GOLD OIL plc
Michael Burchell, Director
Tel: [phone]

Beaumont Cornish Limited
Roland Cornish / Felicity Geidt
Tel: [phone]

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