Rule 8.3 - EMERALD ENERGY

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              EMERALD ENERGY
Class of relevant security    ORD GBP0.10
to which the dealings being
disclosed relate (Note 2)
Date of dealing               23 July 2009

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant       1,580,350     2.52%          1,289     0.00%
securities
(2) Derivatives       29,795     0.05%         72,545     0.12%
(other than
options)
(3) Options and            0     0.00%              0     0.00%
agreements to
purchase/sell
Total              1,610,145     2.57%         73,834     0.12%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
Purchase      18,825               6.7636
Purchase      1,980                6.6415
Purchase      624                  6.5010
Purchase      500                  6.4811
Purchase      70                   6.6010
Sale          5,364                6.6869
Sale          3,194                6.7425
Sale          1,500                6.7313
Sale          131                  6.8889
Sale          40                   6.5290


(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          40            6.529
CFD            Long          5364          6.6868
CFD            Long          1500          6.7313
CFD            Long          3194          6.7425
CFD            Long          131           6.8889
CFD            Short         1199          6.4351
CFD            Short         1160          6.4754
CFD            Short         777           6.4756
CFD            Short         734           6.4757
CFD            Short         500           6.4811
CFD            Short         73            6.4991
CFD            Short         386           6.4996
CFD            Short         258           6.4997
CFD            Short         241           6.4998
CFD            Short         624           6.5009
CFD            Short         40            6.5092
CFD            Short         25            6.5099
CFD            Short         22            6.5107
CFD            Short         4             6.5255
CFD            Short         70            6.601
CFD            Short         1980          6.6415


(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         24 July 2009
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk