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Re: ThePennyGuru post# 9037

Tuesday, 09/01/2009 3:31:24 PM

Tuesday, September 01, 2009 3:31:24 PM

Post# of 42999
I believe my actions speak volumes as they represent my confidence in Empire Energy and my personal commitment to the success of this company going forward. Priority one remains drilling and developing our Major Virgin Basin in Tasmania.
Once the regulatory environment is established under which shareholders can legally exercise their right to participate in the upcoming rights offering and I also have exercised my initial rights allocation, I plan to support the full subscription of any remaining or unexercised rights. Fully subscribed, our rights offering will raise Empire a total of U.S. $9 Million (AU$11 Million). This alone will be enough to complete drilling at Bellevue and another selected site.

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