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Emerald Provides Syria Operations Update

Source: www.gulfoilandgas.com 10/20/2006, Location: Middle East

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Emerald Energy Plc provided an update on activities within Block 26, Syria. The Tigris No.1 exploration well is drilling ahead at a depth of 2,280 metres with a planned total depth of approximately 4,500 metres. The well was spud on 10 September 2006 and is estimated to take 90 to 120 days to drill and evaluate.

Tigris No.1 is the second of four commitment wells to be drilled during the initial exploration phase of the contract for Block 26 that ends in August 2007.

A programme to acquire an additional 266 kilometres of 2D seismic in Block 26 has commenced.

Emeralds_ Chairman, Alastair Beardsall, said: "We are pleased to be making significant progress with the Tigris No.1 well. The acquisition of this further seismic will assist in the development of the future drilling programme"

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

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