<p class="ptext">Over the course of the last five years, Empire Energy has compiled an extensive informational database built upon seismic interpretations, geochemical analysis and geophysical computations. The <strong>enormous potential</strong> of <a href="http://www.empireenergy.com/pdf/SEL13-98 Final Report 261009 6MB.pdf" target="_blank">SEL 13/98</a> continues to be expanded utilizing modern discovery techniques currently employed in the oil and gas sector. Empire Energy and its predecessor companies have now developed 1,350 line kilometers of 2D seismic information identifying <strong>17 major oil and gas structures.</strong></p>
<p class="ptext">Further to the <a href="http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB0009265603GBGBXAIM" target="_blank">TXO</a> announcement made on 2 December 2011, Empire has rights to drill for oil in two sites in Tasmania's central and north basins where its initial geological research has discovered previously unknown, significant petroleum structures. Yesterday, Empire announced new plans to extend the drilling to a third site, Mt Lloyd dome, within the existing lease 14/2009.</p>
<p class="ptext">The parties plan to drill both of <a href="http://www.gslm.com.au" target="_blank">Great South Land Minerals</a> prospects <a href="http://www.empireenergy.com/pdf/mosaic_bellevueanticline_bv1d_august2008.pdf" target="_blank">Bellevue #1</a> and <a href="http://www.empireenergy.com/pdf/mosaic_thunderboltanticline_southtb1_august2008.pdf" target="_blank">Thunderbolt #1</a> this Australian Summer, provided that all necessary permits can be obtained from local authorities. On Friday 25th November, Great South Land Minerals Ltd submitted an Exploration Licence Work Program to undertake care and maintenance of the <a href="http://www.empireenergy.com/pdf/mosaic_bellevueanticline_bv1d_august2008.pdf" target="_blank">Bellevue #1</a> well in advance of mobilization of a certified petroleum rig at <a href="http://maps.google.com/maps?hl=en&ll=-42.100003,146.58641&spn=0.00976,0.016973&t=h&z=16&vpsrc=0" target="_blank">the site</a> early 2012.</p>

<p class="ptext">Empire is also intending to develop its FASER (Force Amplification by Stimulated Electron Resonance) technology that has many applications, including as a possible application supporting the enhancement of the power supply and the productivity of the gas to liquids technology.</p>

<p class="ptext">Empire Energy in its continued outlook for diversification in multiple growing global industries has identified continued growth in the medical waste and recycling industries. With said expansion potential Empire Energy has identified numerous medical waste candidates interested in joint venturing and securing public company status for capitalization, development and growth financing. A current American enterprise, with which a confidentiality agreement exists with Empire Energy, anticipates the continued data exchange to reach a proposed acquisition agreement in 1st quarter 2012.</p>