Re Cyber Finance Group Limited (Cyber) Transfer of Shares

Exhibit 10.1

Espeed Global Limited

Unit 2102, Jubilee Centre

46 Gloucester Road

Wanchai

Ph (+852) 2317 1658

Hong Kong

29 ^th August 2005

Empire Energy Corporation International,

Fax (913) 906 9632

16801 W 116 ^th Street, Suite 100

Ph  (913) 469 5615

Lenexa,  Kansas,  USA  66219

Attn Malcolm Bendall

Re

Cyber Finance Group Limited  (Cyber)

Transfer of Shares

This letter serves to confirm that following completion of due diligence procedures we have obtained all relevant information and satisfied ourselves in respect of the above transaction. As such I confirm on behalf of Espeed Global Limited (Espeed) the following details and matters to be completed :

1.

Cyber Finance Group Limited is a wholly owned subsidiary of Espeed Global Limited.

2.

The total issued share capital of