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 wins licence offshore Sicily

15th Apr 2009, 3:56 pm Northern Petroleum wins licence offshore Sicily
Northern Petroleum PLC (AIM: NOP) said its unit Northern Petroleum (UK) Ltd has been advised of the preliminary award of Italian licence d351C.R-.NP, offshore Sicily , covering 100 square kilometres.

Work on the environmental impact study has now begun.

The award is adjacent to offshore licence C.R146.NP, close to the Maltese maritime boundary.  The licence includes an extension to an existing mapped prospect within C.R146.NP.

Northern holds a 100 percent interest in the licence, but a subsidiary of ATI Oil PLC, in which Northern holds a 37.04 percent equity interest, has a 50 percent pari passu commercial interest in the licence.

Northern also announced it has made a charitable donation to a relief fund for the victims of the Abruzzo earthquake.

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