The FTSE AIM UK50 Index, with effect from 11 August, includes Northern Petroleum Plc (Northern). At the close of trading on Monday 10 August NOP’s shares closed at £1.30p giving it a market capitalisation of approximately £102.6million.

“We are pleased to become a constituent of the FTSE AIM UK50 Index. This reflects our continued growth and development. Our share price has outperformed the AIM All Share Index by 36% over the year to 10th August and the AIM Oil and Gas Index by 48% over the same period. Production from our field developments in The Netherlands is anticipated to exceed original expectations as a result of the successful results of our hydraulic fracturing programme. Once up and running these fields could provide substantial cash flow. Combined with further developments this could help us achieve further momentum.” commented Richard Latham, Chairman, Northern Petroleum Plc.

For further information please contact:

Northern Petroleum Plc
Tel: +44 (0) 20 7469 2900/61
Derek Musgrove, Managing Director

Bishopsgate Communications (Press)
Tel: +44 (0) 20 7562 3350
Nick Rome / Michael Kinirons

Buchanan Communications (Analysts)
Tel: +44 (0) 20 7466 5000
Tim Thompson / Ben Romney