EMERALD RESOURCES NL — Regulatory Filings 2007

Apr 25, 2007

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MARKET RELEASE

26 April 2007

Emerald Oil & Gas Limited

TRADING HALT

The securities of Emerald Oil & Gas Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Monday, 30 April 2007 or when the announcement is released to the market.

Security Code:

EMR EMRO

Jill Hewitt Adviser. Issuers (Perth)