Received by email:

File: Emperor - News Release dated December 27, 2013.docx


EXPIRATION OF MOU WITH STATE PETROLEUM
Calgary, AB., December 27, 2013 - The Board of Directors of Emperor Oil Ltd. (TSX.V: EM) ("Emperor" or the "Company") 
--->announces that the Memorandum of Understanding entered into by the Company and State Petroleum Overseas Inc. on Septem
--->ber 21, 2012 has expired.  The Company will continue its efforts to identify opportunities for potential acquisitions 
--->in the Middle East and Africa.
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 1-587-329-9644 or email at info@emperoroil.com.
ON BEHALF OF THE BOARD

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX
---> Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding "Forward-Looking" Information

Some of the statements contained in this press release are forward-looking statements and information within the meani
--->ng of applicable securities laws. Forward-looking statements and information can be identified by the use of words suc
--->h as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statement
--->s that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be a
--->chieved. 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 materiall
--->y, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, read
--->ers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publ
--->icly or otherwise revise any forward-looking statements, except as may be required by law.