Significant Shareholding

For Immediate Release
18 December 2007



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

                      Significant Shareholding

The Company was informed on 17 December 2007 that following an
acquisition of ordinary shares in Gold Oil on 14 December 2007,  MF
Global UK Limited has an interest in 25,367,762 of the Company's
shares, representing 5.47% 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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