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.

I LIKE IT THE CITY ARE UNAWARE OF GOO'S POTENTIAL- NEWS WILL GET THEM INTERESTED!.

What news ?

WHEN IT COMES N42!.

decent write up in the sunday times today.

http://www.timesonline.co.uk/article/0,,2097-2024826_2,00.html

i would say a pretty good summary- a highly speculative prospect.
potentially very exciting -lets see what drilling brings?.www.goldoilplc.com

SEEMS TO HAVE DONE SOMETHING ON THE BACK OF THIS SUMMARY AND INTEREST.

FOR IMMEDIATE RELEASE 7 February 2006



Gold Oil Plc


Award of Engineering Contract and Issue of warrants to Contractors

Gold Oil plc ("The Company") announces the award of an engineering contract to
Conex S.A.C. for the drilling of an exploration well in Block XXI onshore the
Sechura Basin in Northern Peru.

The Company anticipates commencing drilling the first well on Block XXI in April
/May, once Ministry approval of the licence is received. The cost of drilling
this well will be met from the Company's existing cash resources.

Conex S.A.C. is a local Peruvian company whose staff has been involved in
exploration in the Talara and Sechura Basins for over 35 years. The scope of the
contract is to manage the well from prognosis to completion under supervision of
the Company. As part of the Board's policy of providing performance based
incentives Conex has been issued with 2,000,000 warrants to purchase Ordinary
Shares of 0.025p each in the Company. The warrants are open to exercise on or
before 30 January 2009 at a subscription price of 6p per share.

ENQUIRIES:

Gary Moore Managing Director; Tel: 01737833597
Email: gmoore@goldoilplc.com

Mike Burchell Chairman; Tel: 01372361772
Email: mikeburchell@hotmail.com

Roland Cornish Beaumont Cornish Limited; Tel: 020 7628 3396

slow but heading in the right direction- lets hope drilling proves positive?. we could also and should be due an update on offshore talara b block.

;

http://www.timesonline.co.uk/article/0,,2097-2024826_2,00.html
the guy who wanted the sunday times recommendation article here it is.

some decent buys going through @around 6p. the level at which conex have their warrants.

http://www.goldoilplc.com

drilling not far off now! time to buy more imo.

i am starting to feel like billy no mates on here!- i guess with time we will see a lot more interest amongst the discussion. this is a good time to buy gold oil.

Hey 'billy' it's like talking to yourself, don't worry as the sp increases more investors will post here. I'm a watcher at present.
2517

2517george- how can you watch this stock it imo is certainly worth backing. drilling april/may. get in while you can at sensible levels- who knows where it will be in the summer?. risky punt but potential is very encouraging!.

Lizard im with you on this one. Have held for over a year and topped up last Monday. Definitely a good buy. imo

lizard, i'm also in now, I have watched the buyers long enough, especially yesterday and decided to have a punt, would have been cheaper if I had got in earlier, so good luck to all.
2517

welcome aboard 2517- watching is like going to a ferrari dealership without the money.
i expect this board will become ever more popular through time.