Emerald Energy Plc

FOR IMMEDIATE RELEASE

Emerald Energy Plc (“Emerald” or “the Company”)

15 June 2007

Drilling Update: Khurbet East No.2, Block 26, Syria

Emerald Energy Plc (“Emerald” or the “Company”) would like to provide the following update on operations in Block 26, Syria.

Khurbet East No.2 appraisal well was spud on 14th June by the Crosco 602 rig. Khurbet East No.2 is located approximately 1.2 kilometres to the northeast of the Khurbet East No.1 discovery well and is planned to appraise the Tertiary Chilou and Cretaceous Massive formations encountered in the Khurbet East No.1 well. The total drilling depth of the Khurbet East No.2 well is expected to be approximately 2,100 metres and take approximately 45 days to drill and evaluate. Results from the Khurbet East No.2 well are expected in August.

In the Khurbet East No.1 well, the Tertiary aged Chilou formation encountered a potential net hydrocarbon interval of approximately 26 metres, based on wireline logs. A wireline formation pressure sampler could not be run to confirm the presence of hydrocarbon in the Chilou formation as the sampler tools available were not suitable for large diameter well bores.

The Cretaceous aged Massive formation in the Khurbet East No.1 well encountered a net hydrocarbon interval of approximately 22 metres. A wireline formation sampler which recovered oil samples to surface confirmed the presence of hydrocarbon in the Massive formation. The oil, based on laboratory analysis, is approximately 24 degree API gravity.

Emerald's Chief Executive Officer, Angus MacAskill, said:

“We are pleased to be progressing rapidly with the appraisal of the hydrocarbon accumulations encountered in the shallow horizons in the Khurbet East No. 1 discovery well and look forward to the results from the Khurbet East No.2 appraisal well.”

Emerald holds a 50% interest in Block 26 through its fully owned subsidiary SNG Overseas Ltd.

Enquiries: Helen Manning 020 7925 2440