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Northern Petroleum Plc

Northern Petroleum Plc is an EU oil company that acquires low entry cost exploration, production and development assets and is committed to adding high value to shareholders from production and asset sales.

Home / Investors / Annual Reports / Financial Reports 2003 / Interim Statement 2003

Interim Statement 2003

ANNOUNCEMENT OF RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2003

Highlights

  • Turnover growth from last year of £29,398 to £224,879 for six months
  • Exciting oil discovery at Avington
  • Increased confidence in the potential of the south of England prospects
  • Increase in value of investment in Ramco Energy Plc
  • Continued profitable production in Spain
  • New licences awarded in Italy

Chairman, Richard Latham, commented,

“During this period we have been a partner in an exciting onshore oil discovery in the south of England. I am confident that we may look forward with optimism to the outcome of production tests at Avington and, of more importance, the drilling of several other highly attractive prospects in the region.”

You can download a copy of the Interim Statement 2003 in Adobe Acrobat PDF format by clicking the link below.

Download the Interim Statement 2003 (313K)

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