Shareholding

Gold Oil PLC
07 December 2006



FOR IMMEDIATE RELEASE 7 December 2006



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

                                  Shareholding


The Company were informed on 7 December 2006 of the following:


that at 6 December 2006, Credit Agricole Cheuvreux International Limited
('Credit Agricole') has an interest in 14,782,200 of the Company's voting
shares, representing 3.44% of the Company's issued share capital.






Contact: Michael Burchell, Chairman on 01372 361772









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