RNS No 6102d
GAELIC RESOURCES PLC
5 August 1999


Gaelic Resources plc ("Gaelic")

The Annual General Meeting of Gaelic was held in Dublin today.  An update of
progress in Portugal following the testing of gas from the Aljubarrota No. 2
exploration well was given.  An appraisal licence covering the discovery has
recently been awarded, which will require the drilling of up to three
appraisal wells over the next three years in order to retain the licence.


CONTACTS:

Ian Forrest                                             +41 79 202 6927
David Quick / Colin Phipps                              +44 (0) 1684 892550
Hugh McCutcheon, Davy Corporate Finance Ltd.            +353 1 6796363
Judith Parry/Simon Rothschild, Millham Communications   +44 171 2565756


END

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