Emerald Energy Plc

FOR IMMEDIATE RELEASE

13 August 2007

EMERALD ENERGY PLC (“EMERALD” OR THE “COMPANY”) ANNOUNCES INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2007

Highlights

• Khurbet East No.2 appraisal well confirms presence of significant volumes of hydrocarbons in the Khurbet East field in Block 26, Syria;
• Emerald elected to enter into first extension of the exploration period in Block 26, Syria;
• Exploration activities commenced in four new ANH contracts in Colombia;
• Colombian gross production maintained at an average rate of 3,661 bopd (2006: 3,677 bopd);
• Adjusted EBITDA for the period of $14.4 million (2006: $13.2 million), 9% higher than in the same period last year;
• Profit after tax for the period of $4.1 million (2006: $3.6 million), 16% higher than in the same period last year;
• Cash reserves of $42 million (as at 31 July 2007), following the issue of convertible bonds in July 2007.
  

To view the Interim Results click here

Enquiries:Helen Manning 020 7925 2440