Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“Northern”), has been advised of the preliminary award of offshore Italian licence d351C.R-.NP, covering 100 km². Northern has been invited to prepare the required environmental impact study which work will now commence.

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

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

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
Derek Musgrove, Managing Director
Chris Foss, Finance Director
Graham Heard, Exploration & Technical Director

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