Seismic Letter of Intent

20th April 2009
 
                            Gold Oil plc
 
Gold Oil Signs Letter of Intent to Acquire Seismic Data on Off Shore
                                Block
             Appointment of Country Manager for Colombia
 
Gold Oil plc ("Gold Oil" or  the "Company") today announced that  the
company has signed a Letter of Intent (LOI) with SCAN Geophysical ASA
(SCAN) for  its  multi-purpose  3D/2D vessel  M/V  SCAN  STIGANDI  to
acquire 2,000 km of 2D data  over block Z-34 offshore northern  Peru.
Mobilization to Z34 is set for late April 2009.
 
Gold also  announces the  appointment  of Mr  Carlos Gaviria  as  the
country manager for Colombia.  Mr Gaviria, a Colombian national, is a
petroleum engineer with over  25 years of  experience and has  worked
for Exxon, Texaco and  Baker International in management  positions.
In particular Mr Gaviria has  direct experience in workover and  well
recompletion programmes.
 
Gold Oil Chairman, Mark Pritchard  commented "We are delighted to  be
working with  SCAN to  acquire data  on our  off-shore block  Z34  in
Northern Peru and look forward to  completing the first phase of  our
license obligations.  I am also please  to welcome Mr Gaviria to  our
team.  Increasing production from our Nancy Burndine field is a  high
priority for us and Carlos will be an integral part of this effort".
 
For further information on the Company, visit www.goldoilplc.com or
contact:
 
Gold Oil
Mark Pritchard, Chairman                                 Tel:   07802
827 846
 
Seymour Pierce
Jonathan Wright / Richard Redmayne               Tel: 020 7107 8000
 
Lars Johan Frigstad,
CEO of SCAN Geophysical ASA                    Tel:+47 24 11 10 00
 
Notes to Editors
 
Gold Oil  is an AIM-listed  oil and  gas exploration  and  production
company primarily focused on opportunities in Latin America.   It has
oil production  in Colombia and  significant exploration  acreage and
licences both onshore and offshore in Peru and onshore Colombia.
 
SCAN Geophysical  ASA is  an international  seismic data  acquisition
company specializing in marine streamer seismic services. The company
is operating three seismic survey vessels, one 2D and two 3D streamer
vessels. Administration  is  located  in  Oslo,  with  representative
offices in Caracas,  Houston and Singapore.  SCAN Geophysical ASA  is
listed on Oslo Stock Exchange's Oslo Axess.
 
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