ENEGI OIL PLC

Trading symbols:

London Stock Exchange: ENEG

Bourse de Luxembourg: GB00B29T9605

23 July 2008

Enegi Oil Plc 

('Enegi' or 'the Company')

Director/PDMR Shareholding

The Company was informed on 23 July 2008 that Alan Minty, a director of the Company, purchased ordinary shares of 1 penny each in the Company ("Ordinary Shares"). Mr. Minty purchased 2,500 Ordinary Shares at a price of 165 pence per share on 23 July 2008. Following this Mr. Minty holds a total of 7,408,911 Ordinary Shares, representing 24.38 per cent. of the Company's issued share capital.

- ENDS -

Enegi Oil                                                 Tel: + 44 161 817 7460

Alan Minty, CEO

Kevin McNair, CFO

Cenkos Securities plc                              Tel: + 44 207 397 8900

Joe Nally

Stephen Keys

Fox-Davies Capital                                  Tel: + 44 207 936 5200

Daniel Fox-Davies

Richard Hail

College Hill                                             Tel: + 44 207 457 2020

Nick Elwes

Paddy Blewer

The Company

Enegi Oil Plc is an independent oil and gas group whose objective is the identification, development and operation of hydrocarbon opportunities. The Group's current operations are focused on assets on and around the Port au Port Peninsula in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having previously been discovered there. The Group's assets include a proven discovery, Garden Hill South, and four prospects: Shoal Point, Garden Hill Central, Garden Hill North and Lourdes.

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