Additional Information
Market: AIM
Sector: Energy
EPIC: NOP
Latest Price: 73.50p  (-0.68% Descending)
52-week High: 140.25p
52-week Low: 61.00p
Market Cap: 68.74M
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Northern Petroleum
www.northpet.com

Northern Petroleum Plc is an oil and gas exploration, development and production company focused on the European Union and nearby areas. The Company is an operator of both onshore and offshore projects including a producing oilfield and boasts a management and technical team of the highest quality.

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Northern Petroleum making progress in the Netherlands

7th Apr 2009, 9:18 am Northern Petroleum making progress in the Netherlands
Northern Petroleum PLC announced it is making good progress towards bringing its gas fields and oilfields in The Netherlands into production and is drilling two exploration wells.

At the Ottoland  field, the side-tracked well Ottoland-1ST2 is currently flowing oil and testing is in progress and is expected to continue for some time.

At the Grolloo gas field the well work-over of the existing well is in progress to prepare the well for hydraulic fracturing of the reservoir formation.

The exploration well Niewendijk-1 which is located close to the Ottoland field will start drilling  within the  next week utilising the newly fabricated Northern Dutch Drilling Company drill rig mobilised from  the Czech Republic. The Nieuwendijk prospect has a mean estimated size of 56 million barrels of oil in place.

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