Imperial Energy Names John Hamilton as Group Finance Director

Imperial has appointed John Hamilton as Group Finance Director effective as of December 3, 2007 replacing Guy Smith who will step down from the role at the end of the year. He will remain with the Company through to March 2008 to ensure a smooth handover of the responsibilities to Mr. Hamilton.

Mr. Hamilton has over 15 years of international banking experience with ABN AMRO. For the past 7 years he has worked in the oil and gas team within ABN AMRO's corporate and investment bank in London, most recently as Executive Director where he specialized in upstream E&P. Mr. Hamilton has been integrally involved in a variety of upstream oil and gas transactions including structured debt, bonds, convertible bonds, equity and acquisitions. Mr. Hamilton holds a BA from Hamilton College, New York and a MBA from Rotterdam School of Management and New York University.

In accordance with Listing Rule 9.6.15, it is confirmed that there are no other details to be disclosed pursuant to Listing Rule 9.6.13.

Peter Levine, Chairman, commented:

"This appointment further strengthens the top tier of Imperial's management. John's extensive E&P experience will be of key importance in taking the Company to the next stage of growth. The Board would also like to thank Guy for his contribution to the Company's growth to date and wish him well in the future."