Empire Oil & Gas Nl Stock Market Press Releases and Company Profile

Perth, Feb 15, 2008 AEST (ABN Newswire) - Empire Oil & Gas N.L. (ASX: EGO) - MORIARY-1, EP 426, NORTH PERTH BASIN, WESTERN AUSTRALIA - for the Period 0600 hrs 14 February 2008 to 0600 hrs 15 February 2008.

During the 24-hour period, Moriary-1 was drilled ahead from 512 metres to 616 metres. The current operations at 0600 hrs on 15 February 2008 is preparing to run and cement 9 5/8" (244mm) casing.

Methane gas increasing in shaley section of the Yarragadee to maximum 16 units and up to 10, 668 ppm C1 (methane). 34 units of C1 trip gas recorded from 616m from wiper trip.

The participants in the Moriary-1 well are:
- Rough Range Oil Pty Ltd - Operator 40%(a wholly-owned subsidiary of Empire Oil & Gas N.L.)- Allied Oil & Gas Plc 25%- ERM Gas Pty Ltd 25%- Black Fire Energy Limited 10%
Yours faithfully
JL CRAIG MARSHALL
Managing Director
EMPIRE OIL & GAS NL

Contact

Mr Craig Marshall
Managing Director
Empire Oil & Gas NL
154 Hampden Road
NEDLANDS WA 6009
Phone: 61 8 6389 2687
Facsimile: 61 8 9386 6812
E-mail : cmarshall@empireoil.com.au


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