
Issue of Warrants
6.11.06
Northern announces that the Board has approved the issue to A N Brewer, a director, of 150,000 warrants to purchase 5p Ordinary Shares of the Company at 117 pence per share, being the prevailing mid-market price at close of business on 03 November 2006. The new warrants are open to exercise until 31 October 2011 and have been issued as a continuation of the Board's policy of providing performance based incentives to directors.
For further information please contact:
Northern Petroleum Plc
Derek Musgrove, Managing Director
Chris Foss, Finance Director
Tel: +44(0) 20 7743 6080
Hansard Group
Chris Roberts
Ben Simons
Tel. +44(0) 20 7245 1100