Gold Oil Appoints Country Manager for Colombia

Gold Oil has appointed 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 programs.

Gold Oil Chairman, Mark Pritchard commented, "I am pleased 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."