Grant of Options

Empyrean Energy PLC
31 October 2006


31 October 2006

                              Empyrean Energy PLC
              ('Empyrean Energy' or the 'Company'; Ticker: (EME))

                                GRANT OF OPTIONS

Empyrean Energy today annouces that it has granted options over 2,250,000
ordinary shares of 0.2p each in the Company to management.

Options over 1,000,000 ordinary shares of 0.2p each have been granted to both Mr
Thomas Kelly (Executive Director) and Mr Frank Brophy (Technical Director). An
additional 250,000 options have also been granted to various employees and
consultants of the Company. The options were granted with an exercise price of
£0.50 per share. All options will expire 3 years from the date of the grant.

For further information

Laurence Read/ Ed Portman
Conduit PR
Tel: [phone]
Mob: [phone]              

Imran Ahmad/ Cecil Jordaan
HB-Corporate
Tel: [phone]

Patrick Cross
Empyrean Energy plc
Tel : [phone]





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