EMPIRE OIL & GAS NL CAPITAL STRUCTURE AS AT 13-Sep-2007

Authorised Share Capital	Number of Shares & Options
Shares:
Ordinary Fully Paid & Quoted	2,747,413,669
Ordinary Fully Paid & Restricted (Restricted until 26 September 2009)	10,114,192
Total Shares	2,757,527,861
Options:
Options @ $0.01 (one cent) each	2,000,000
Options @ $0.015) (one and a half cent) each	10,500,000
Options @ $0.02) (two cents) each	37,500,000
Options @ $0.025) (two and a half cents) each	37,500,000
Total Options	87,500,000
(Above Options expire on 28 November 2010 and are not quoted on the Australian Stock Exchange)