Statement re Share Price

19 Feb 2008 12:07

Empyrean Energy PLC19 February 2008 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Statement regarding Share Price AIM listed Empyrean, the oil and gas explorer and producer with assets inGermany and the USA, today announces that it has noted the recent fall in itsshare price and confirms that the Board is not aware of any reason for thisshare price movement. The Company continues with its various testings of wells, a progress report ofwhich was published on 18 February 2008, and further updates will be provided assignificant developments occur. For further information Empyrean Energy plcTel : +44(0) 207 182 1746 Rod Venables / Cecil JordaanHB CorporateTel: +44(0) 207 510 8600 Jonathan Charles / Ed PortmanConduit PRTel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509 This information is provided by RNS The company news service from the London Stock Exchange