Northern Petroleum Plc

July 22, 2009 08:30 ET

Result of AGM

For immediate release: 22 July 2009
                                               Northern Petroleum Plc
                                            ("Northern" or "the Company")

                                                    Result of AGM

At the Annual General Meeting of the Company held today all the resolutions put before the Members were passed.

For further information please contact:

Northern Petroleum Plc                                                Tel: +44 (0) 20 7469 2900
Richard Latham, Chairman
Derek Musgrove, Managing Director
Chris Foss, Finance Director
Graham Heard, Exploration & Technical Director
Sophie Hull, Head of Corporate Communications

Jefferies International                                               Tel: +44 (0) 20 7029 8000
Chris Snoxall / Schuyler Evans

Astaire Securities                                                    Tel: +44 (0) 20 7448 4400
Jerry Keen / Toby Gibbs

Bishopsgate Communications (Press)                                    Tel: +44 (0) 20 7562 3350
Nick Rome / Michael Kinirons

Buchanan Communications (Analysts)                                    Tel: +44 (0) 20 7466 5000
Tim Thompson / Ben Romney

Notes to Editors

Northern  Petroleum Plc ("NOP") is an AIM quoted oil and gas production, development, exploration and asset  trading
company  focused  on areas of low political risk in Europe. Quoted on the London Stock Exchange the Company  obtains
significant concentrated licence positions and adds value at reasonable risk utilising new ideas together  with  new
drilling,  seismic, completion and computer technologies where it is believed that economic oil and  gas  production
can  be  established.  Efforts are concentrated in three countries (Netherlands, Italy and England)  with  the  risk
spread  over  in  excess  of 50 projects in 12 petroleum systems and over 103m of Proven  &  Probable  Reserves.  It
operates on both onshore and offshore projects including a producing gas field.

Following the acquisition of ATI Oil Plc, Northern has recoverable Proven and Probable reserves of approximately 103
million barrels of oil equivalence. It is currently producing gas at Waalwijk and the offshore P12 fields.

The  planned development of six onshore oil and gas fields is being progressed with Dyas B.V., EBN, the Netherlands'
state oil company, and NAM as partners.

Northern  manages the largest licensed exploration area in Italy, with over 14,000 km², predominantly offshore,  but
includes six licences in the Po Valley oil and gas province in the north of the country.

In  the  UK  Northern  has licences in the south of England where it has a 10% interest in the production  from  the
Horndean  oil field and a 5% interest in the Avington oil field. It also has planning consents to drill an  eastward
extension  of  the  Horndean  oil field and an exploration well at Havant. Northern has  a  50%  interest  in  these

For further information on Northern visit

Contact Information

  • Northern Petroleum Plc