EO. Encore Oil

RNS Number:7373O
EnCore Oil PLC
28 December 2006




For immediate release: 28 December 2006

EnCore Oil plc (the "Company")



                               Holding in Company


The Company was notified on 27 December 2006 that, as at close of business on 21
December 2006, UBS AG, acting through its business group and legal entities
listed below, had an interest in 24,206,066 ordinary shares of 5p each in the
Company, representing 10.34 per cent. of the issued share capital.



                                                         Shares      Per cent.
UBS Global Asset Management Life Limited             19,670,274           8.40
UBS Global Asset Management (UK) Limited              3,712,792           1.58
UBS AG London Branch                                    823,000           0.35
                                                     ----------     ----------
                                                     24,206,066          10.34




For further information, please contact:

EnCore Oil plc                                             www.encoreoil.co.uk
Eugene Whyms, Chief Financial Officer                      +44 (0)20 7224 4546

Aquila Financial Limited                              www.aquila-financial.com
Peter Reilly                                               +44 (0)20 7202 2601




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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