EMPEROR ENERGY LIMITED — Director's Dealing 2011

Sep 20, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity OIL BASINS LIMITED ABN 56 006 024 764

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Neil Francis Doyle
Date of last notice	12 August 2011

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	DIRECT	DIRECT
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	19 September 2011
No. of securities held prior to change	7,580,166 Fully Paid Ordinary Shares 4,000,000 Listed 30 June 12 Options @ 1.5c 10,000,000 unlisted 30 June 14 Options @ 4c
Class		Shares: Fully Paid Ordinary Shares Options :Listed 30 June 12 Options @ 1.5c Options :Unlisted 30 June 2014 @4 c
Number acquired		600,000 Ordinary Shares
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$15,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Direct: 8,180,166 Fully Paid Ordinary Shares 4,000,000 Listed 30 June 12 Options @ 1.5c 10,000,000 unlisted 30 June 14 Options @ 4c Issue under Share Purchase Plan

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change N/A
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Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Yes above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the Yes trade to proceed during this period? If prior written clearance was provided, on what date 15 August 2011 was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002