Emerald Energy Plc

FOR IMMEDIATE RELEASE

Emerald Energy Plc

20 November 2007

Khurbet East No.3 Well Update, Block 26, Syria

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

The drilling of the Khurbet East No.3 well has commenced using the MB-3 rig. Khurbet East No.3 is located approximately 0.9 kilometres southwest of the Khurbet East No.1 discovery well and 1.2 kilometres south of the Khurbet East No.2 appraisal well and will further appraise the Cretaceous aged Massive reservoir encountered in these wells.

The drilling of this well will assist in the planning of early development of the Massive reservoir in the Khurbet East field with first production targeted for the second half of 2008.

Khurbet East No.3 is expected to have a total drilling depth of approximately 2,050 metres and take approximately 45 days to drill and evaluate.

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

“The start of operations on this well, combined with the recently announced commencement of the 3D seismic acquisition programme, marks continued progress towards early development of the Khurbet East field.”

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

Enquiries: Lisa Hibberd 020 7925 2440