GLOBAL OIL SHALE GROUP PLC (GOS) HAS APPOINTED SRK CONSULTING (UK) AS COMPETENT PERSONS TO PREPARE INDEPENDENT APPRAISAL OF GOS RESOURCES

Global Oil Shale Group PLC (GOS) is focused on open pit mining of oil shale resources and processing these oil shales into petroleum, electricity and other value add products. The technology employed by GOS is proven and adheres to strict environmentally sustainable standards.

GOS is developing world class oil shale projects in key oil shale jurisdictions in Morocco (Tarfaya), Australia (Julia Creek in Queensland) and the Middle East.

SRK Consulting (UK) provides a comprehensive range of consulting services to the resource industry, including geological modelling, resource estimation, mine design and scheduling, geotechnics, water management, tailings disposal, metallurgy, environmental management, geochemistry and technical-economic modelling.

GOS has retained the services of SRK Consulting (UK), one of the world’s leading independent resource consultancy firms in the world, specializing in geological modeling, resource estimation and mine design, for the resource estimation stage of the project, leading to a Bankable Feasibility Study.

SRK Consulting (UK) is a world leader in near surface oil shale resource evaluation having worked on different projects in Utah (USA), Jordan, Estonia, Kazakhstan and other countries around the world.

For further information contact:

Petri Karjalainen – Executive Chairman

Tel: +44 7811 200 885 e-Mail: pk@globaloilshale.com

Anton Eiguine – Investor Relations

Tel: +44 1534 88 6644 e-Mail: ase@globaloilshale.com