Catalca drilling update Turkey

Calgary, AB., February 6, 2013 – Emperor Oil Ltd. (TSX.V: EM) (“Emperor” or the “Company”) is pleased to announce the following exploration update from the Company’s partners Azure Resources Corporation, (“Azure”) and Merty Enerji Petrol Arama,(“Merty”), on the Catalca Natural Gas Licence (the “Catalca License”) in Turkey’s Thrace Basin. Azure reports that Schlumberger wire line log data has confirmed the primary gas show interval between 448.5m. to 455.5m. (7 meters) from the Cayirlik-1 Well, Thrace Basin, Turkey, which will now be scheduled for flow testing. The flow test results will be released when available. The well is approximately 3 km. from a gas pipeline tie-in-point. The pricing of natural gas in Turkey is currently at a substantial premium to North American price levels, at US $8 - $10 per mcf.

The Catalca Licence covers 36,429 hectares and is situated 30 km. west of Istanbul. The Company has the right to a 45% working interest in the Catalca Licence and 50% of the Company’s interest is subject to an earn-in agreement with Emperor Oil Ltd.

Emperor has an earn-in agreement to obtain a 22.5 % working interest in the license from Azure a Canadian TSX.V listed Oil & Gas exploration and development company . Merty, an established Turkish company in the domestic oil and gas industry, is the local operator.

About Emperor
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.

Enquiries:

Emperor Oil
Andrew McCarthy, President and CEO
+001 403 695 1794

College Hill
Matthew Tyler
Catherine Wickman
Alexandra Ritterman
+44 (0)20 7457 2020

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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.