Oil Price: $88.66

Appointment of George Fulford to the Advisory Board

Calgary, AB., December 17, 2012 - Emperor announces the appointment of Mr. George Fulford, P.Eng to the Company's Advisory Board.

Mr. Fulford has over 40 years' experience as a professional geologist and geophysicist. From 1994 he served as a Geophysicist with Arakis Energy where he was responsible for evaluating prospects including 77 successful site selections in Sudan. Mr. Fulford continued in this role as well as managing their seismic crews, through the acquisition by Talisman Energy in 1996 until its sale to the National India Oil Company in 2003. Since 2003 Mr. Fulford has evaluated prospects in numerous countries including Africa, South America and South East Asia. From 2005 to 2011 he worked for Petrominerales Ltd as part of its Castor prospect team in Columbia. Mr. Fulford holds a Bachelor of Applied Science degree from the University of British Columbia and is a Registered Professional Engineer.

Commenting, Andrew McCarthy, President and CEO of Emperor, said:

"We are especially fortunate to have Mr. Fulford on board, whose expertise complements our existing advisory team. He was involved in site selection for over 80 wells in Sudan during his time with Arakis and Talisman and has been instrumental in the preparation of the National Instrument 51-101 technical report for Block 7."

About Emperor Oil Ltd.

Emperor Oil is an international oil and gas company with projects in Sudan and Turkey. For further information please contact the Company at (403) 695-1794 or email at info@emperoroil.com.

ON BEHALF OF THE BOARD

“Andrew McCarthy”

Andrew McCarthy


President and Chief Executive Officer


www.emperoroil.com

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Cautionary Statement Regarding “Forward-Looking” Information

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond Emperor’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.