Business
Update on Placing
Update on Placing.

About this update from Sunda Energy Plc
[{"type":"text","content":"\n \n\n\n\nFOR IMMEDIATE RELEASE\n20 February 2009\n\n\n\n Gold Oil Plc (AIM: GOO)\n (\"Gold Oil\" or the \"Company\")\n\n Update on Placing\n\n\nFurther to the announcement made on 2 February 2009 regarding\nsettlement of the recent placing proceeds, as at today's date, the\nCompany is in receipt of £371,312.50 (after expenses).\nThe Company has been advised by its Placing Agent that one of the\nplacees to the Placing is in default of payment of its subscription\nmonies. Gold Oil will be pursuing such defaulting placee vigorously\nfor the immediate settlement of the outstanding balance together with\nany applicable legal expenses incurred as a result of such action.\nFor further information on the Company, visit: www.goldoilplc.com or\ncontact:\n\nMichael Burchell Chairman Tel: 01372 361 772\nRoland Cornish Beaumont Cornish Limited Tel: 020 7628 3396\nDaniel Fox Davies Fox Davies Capital Tel 020 7936 5230\n\n\n\n\nNotes to Editors\n\nGold Oil is an AIM-listed oil and gas exploration and production\ncompany primarily focused on opportunities in Latin America. It has\noil production in Colombia and significant exploration acreage and\nlicences both onshore and offshore in Colombia and Peru.\n\n---END OF MESSAGE---\n\n\n\n\nThis announcement was originally distributed by Hugin. The issuer is \nsolely responsible for the content of this announcement.\n\n\n\n\n \n ","length":1523,"tagName":"div"}]