ATI Oil Plc

March 27, 2009 12:00 ET

Statement re Operations Update - Italy

Embargoed for release: 1600 on 27 March 2009
                                                                       ISIN: GB00B04BP253/GBP/PLUS-exn
                                              ATI Oil Plc
                                             Martin House
                                             5 Martin Lane
                                               EC4R 0DP
                                       Tel: +44 (0)20 7469 2940
                                       Fax: +44 (0)20 7469 2901

                                              ATI Oil Plc
                                        ("ATI" or "the Company")
                                       Operations Update - Italy
ATI is pleased to advise shareholders that Northern Petroleum Plc ("Northern") announced earlier today
an operations update.

The full text of the Northern release is as follows:

"Northern  announces  that  its  wholly  owned  subsidiary,  Northern  Petroleum  (UK)  Limited,   has
successfully  completed the infill seismic survey on licence CR147 offshore of the Italian  island  of

The  survey was conducted to provide a more detailed definition of prospects first identified  by  the
2006 survey mapping.

The  potential  of  this licence is important to Northern and contains several large structures,  with
potential  for over 200 mbls recoverable oil reserves. The new seismic data will be made available  to
parties with whom Northern is in discussion to drill on this licence area.

Northern also announces that operations at the Savio 1x well in the Po Valley region of northern Italy
are  some  ten  days ahead of schedule. The intermediate casing is being run and set at  approximately
2485 meters sub-surface prior to drilling ahead in to the gas prospective section of the well."

The Directors of the Issuer accept responsibility for this announcement.
Contact Details:

ATI Oil Plc
Derek Musgrove, Chairman
Per Gunnar Løge, Chief Executive
Chris Foss, Finance Director
Tel: 020 7469 2940

St.Helen's Capital Plc
Barry Hocken/Duncan Vasey
Tel: 020 7628 5582

Hansard Communications
Chris Roberts
Tel: 020 7245 1100

For further information on ATI's Italian assets please see our web site,

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