Emerald Energy Plc - 19 September 2006

Emerald Energy Plc ("EMERALD" or the "Company") announces interim results for the six months ended 30 June 2006

Highlights

• Average daily gross production for the period was 3,677 bopd, an increase of 45% compared to the 6 month period to 30 June 2005;
• In Colombia, Emerald currently has ten production wells on 5 fields with nine in operation producing total some 4,200 bopd;
• Since February 2006 Emerald has participated in the drilling of 5 wells, 3 exploration and 2 development wells, resulting in 1 new discovery and 2 new wells on production;
• Drilling of the Tigris exploration well commenced on 10 September 2006 and is currently drilling ahead at 522 metres;
• In September 2006 Emerald signed a new Exploration & Production Contract with ANH for the Maranta block located in southwest Colombia.

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