Gold Oil has just been floated on Aim and is involved in the exploration for oil in the Americas. The company has just signed an agreement with PetroPeru for exploration in the north of the country and also they have signed a memorandum of understanding with MAN Ferrostaal of Essen, Germany for the evaluation and feasibility study for a more than 200 mln stg petrochemical plant to be constructed in northern Peru.

Following the release of this news AFX commented that brokers believe this could potentially be huge for Gold Oil.

Yes excellent volume.

we were 8p without licenses gained last week.

Thats what makes it such good value !

buy and hold for me med/ long term!- any views?.

they seem very keen to pull the price down on very thin trading?Can not see the justification for the drop in the last hour from trading

short term profit takers willfagg. still think we should be trading around 8p though.

lets hope profit takers out the way now back to yesterdays close.

Noticed it hit 6.5p early this morning, looks like 8p is quite feasible, if not more

bit frustrating today sock- but i suppose to be expected after biggish rise.

Sure is Lizzard, but after 12 million+ buys yesterday it's bound to be a bit quieter today, that's alot of confidence !!!

interesting to see what happens in next few weeks?- we should see an update on offshore talara b block (300,000 hectares) soon which i think had an initial 15month arrangement due to expire soon. good relations with peruvian government all important.

good to see website updated with the news www.goldoilplc.com.

hope to see some more big volume investors over next few weeks.

should hopefully get more frequent updates now 2006- important year for goo's future?.

starting to steady a bit now lets we can push on?

Good Lizard, 5.62p again, normality being restored. Still can't figure out why more people haven't latched on to this one

i feel the samw sock- problem still and rightly so goo still pretty much an unknown minnow at this time but a minnow with potential.

i would be surprised if no mention in ic tomorrow or next few weeks. need to get their name 'out there' but i suppose if the right news evolves over time the interest will no doubt increase.

all quiet here -next news i suppose drilling or perhaps offshore block?.

first well to be drilled in april. licenses signed

Gold Oil PLC said Iraj Parvizi held 22,290,000 ordinary shares in the company
as at Jan 25 2006, representing a 9.5 pct stake.

LONDON (AFX)

Looks like more than ourselves have faith!!!

would be nice to get some momentum in sp -we have had two pieces of encouraging news resulting in sharp rallies then pull backs. 8p+ should be about right leading to drilling march april.