Northern Petroleum Plc
LSE : NOP

April 21, 2009 05:30 ET

Two Well Netherlands Drilling Programme Commences

Embargoed for release: 1030 on 21 April 2009
                                                 
                                      Northern Petroleum Plc
                                                 
                                    ("Northern" or the "Group")
        
                        Two Well Netherlands Drilling Programme Commences
                                                 
Northern  announces that its wholly owned subsidiary Northern Petroleum Nederland B.V ("NPN")  has
commenced  drilling operations on the exploration well Nieuwendijk-1 in the Andel III  licence  at
2300  on  20  April  2009 using a newly fabricated rig owned and operated by  the  Northern  Dutch
Drilling Company located in Drachten, The Netherlands.

The prospect is close to the Ottoland field. It has a mean estimated size of 56 million barrels of
oil  in place. Upon completion the activities will move to the Tiendeveen site in the Drenthe  III
licence in the east of The Netherlands.

Licence and working interests:

NPN: 45%
EBN: 40%
Dyas: B.V. 15%

Post drilling NPN's interests in the Nieuwendijk and Tiendeveen wells will be 22.5%.

In  accordance  with the AIM Rules - Guidance for Mining and Oil & Gas Companies, the  information
contained  in this announcement has been reviewed and signed off by the Exploration and  Technical
Director  of Northern, Mr Graham Heard CGeol FGS, who has over 30 years experience as a  petroleum
geologist.

For further information please contact:

Northern Petroleum Plc                                                 Tel: +44 (0) 20 7469 2900
Chris Foss, Finance Director                                                                    
Graham Heard, Exploration & Technical Director                                                  
                                                                                                
Investec (NOMAD and Financial Adviser)                                 Tel: +44 (0) 20 7597 5000
Michael Ansell / Patrick Robb                                                                   
                                                                                                
Blue Oar (Joint Broker)                                                Tel: +44 (0) 20 7448 4400
Jerry Keen / Toby Gibbs                                                                         
                                                                                                
Jefferies International (Joint Broker)                                 Tel: +44 (0) 20 7029 8000
Chris Snoxall / Schuyler Evans                                                                  
                                                                                                
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                                                                       


For  further  information  on  the  Group  and its activities  please  refer  to  the  website  at
www.northpet.com.

Contact Information

  • Northern Petroleum Plc