GOLD OIL, the London-based oil exploration company focused on the South American and Caribbean region, announces that in late December 2005, the Company received an Operator Certificate from PeruPetro that allows the Company to carry out seismic, drilling and development operations in Northwest Peru.
The Promotion Licence signed with PeruPetro on October 15, 2004 with PeruPetro for Block XI (now renamed Block XXI) onshore Sechura Basin has been converted to an Exploration and Production Licence. The Licence now goes to the Ministry of Energy and Mines for approval, which could be forthcoming anytime between February and May of this year 2006.
The terms of the E&P Licence commit the Company to either shoot 120 km of 2D seismic or drill a well in the first period of five over a seven year term. The remaining four periods require the Company to either drill a well or drop the acreage. The Licence is for a term of 30 years for oil and 40 years for gas, with a minimum royalty of 5% on wellhead production for the first 5000bopd (30 MMscfd for gas) rising to 20% if and when production reaches 100,000 bopd (600 MMscfd for gas).

Times Article:
Gold Oil is valued in the market at about �15m. That is so small that almost any good news must have a big impact on the share price.
What are the chances of that happening? Run by a former Burmah Oil director, Mike Burchell, Gold Oil will drill the first in a series of wells in the Sechura Basin in April. There will be surprise if it does not find gas, as another company, Olympic, has done just that in a similar formation nearby.
The secondary target, later in the year, will be oil, I gather. A couple of months ago, Petro Tech made a big oil find offshore in the Sechura Basin. The theory is the oil may have migrated up into Gold Oil�s block. Don�t ask me to explain the geology because I don�t speak Palaeozoic. But a decent oil find here would be a company-maker.
Gold Oil has enough cash to fund this year�s drilling programme. And it already has a deal in place to sell its gas to Mann Ferrostaal, a German company that is building an ammonia plant nearby. Getting all that for �15m seemed a bargain to me. But Gold Oil still has to find its gas.

GOLD OIL http://www.goldoilplc.com/index.html

Plectrum Web Site
http://www.plectrum.co.uk/splash_content.html

Wall Street Reporter Interview
http://www.wallstreetreporter.com/interview.php?id=17724&player=real
Growth Equities & Company Research Nov 2007
http://www.goldoilplc.com/docum/gecr_09Nov07_GoldOil_full.pdf
Gold Oil's Presentation On The 10/12/2007
http://www.proactiveinvestors.co.uk/pdf
Research Page Last updated Oct 23 2008
http://www.moneyam.com/InvestorsRoom/posts.php?tid=10572#lastread
6 AUG 2009 Operational and Reserves & Resources Update Colombia & Peru
http://moneyam.uk-wire.com/cgi-bin/articles/20090806084900H3062.html

is the LSE SETS trading system and its crap. for the most liquid stocks FTSE 100/250. why Gold Oil are on it is a mystery to me?.

The sets trading system seems to be OK we are still going up.

Anyone know why goo is all over the place today ?

SETS and its crap.

Company Gold Oil PLC
TIDM GOO
Headline Significant Shareholding
Released 09:48 21-Mar-07
Number 3864T



RNS Number:3864T
Gold Oil PLC
21 March 2007




FOR IMMEDIATE RELEASE 21 March 2007



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

Shareholding


The Company were informed on 20 March 2007 of the following:


that at close of business on 19 March 2007, Man Financial Limited has an
interest in 15,712,167 ordinary shares of the Company's shares, representing
4.06% of the Company's issued share capital.






Contact: Michael Burchell, Chairman on 01372 361772
Roland Cornish, Beaumont Cornish Limited on 020 7628 3396

675,000 trade after hours looks like the reason for the sp drop today. mm's increasing their profits.

I thought someone said, way back, that news was due pretty soon?
False alarm???

is it time to have a few!.

its all gone quiet!. interesting few months ahead imo.

only thing that is keeping me here is irrational - i.e. what does Mr P think he knows that makes him hold 10/12%

Interesting few months ahead!!??
As interesting as the last few months!!??
I hope not.

any oil technical experts around?.
any ideas on Pressure Test Surveys and how long they take?.

2X650k buys yesterday,sp still flat.

ct- news flow would be good. due i reckon. nothing of interest to the mkt for months. hence the poor sp.

not a bad entry/add price though imo if your patient.

could do with some good news to help this SP. hope it doesn't go like CHP
Alex

chp still has a greater mkt cap than goo- ?.

so what?

I also hear that they have a bigger drill bit!!!!!

kazik
Promises promises

DIRECTORS' DEALINGS

http://moneyam.uk-wire.com/cgi-bin/articles/200704111200586796U.html