13 October 2006

Restoration of Trading

Irvine Energy plc (AIM:IVE) announced on 3 July 2006 that it had signed agreements to acquire a 75% working interest in approximately 30,000 acres of oil and gas leases, as part of a lease acquisition, exploration and development program in respect of the Chattanooga Shale in Kansas, USA ('the Project').

The Company's shares were suspended from trading at 07:30 on 3 July 2006 pending the publication of an admission document.

Irvine is now pleased to announce that it is today posting its admission document to shareholders. The admission document includes full details of the Project and the resolutions that will be voted on at the EGM that will be held at 10.00am on Monday 30th October 2006.

Copies of the admission document can be obtained from Nabarro Wells & Co. Limited, Saddlers House, Gutter Lane, London EC2V 6BR.

The Directors have requested that the London Stock Exchange restore trading in the Company's shares with immediate effect.

For further information please contact:

Irvine Energy plc
Michael Frayne, Tel: +44 (0) 207 016 9579

Nabarro Wells & Co Ltd
Hugh Oram, Tel: +44 (0) 207 710 7400

St Brides Media & Finance
Hugo de Salis, Tel: +44 (0) 207 242 4477