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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.

Geesbrug – Another Fracturing Exceeding Expectations

28.09.09

Hydraulic fracturing in the Geesbrug-1 well of the Carboniferous Hardenberg and Permian Rotliegend formations in the Dutch Drenthe III licence area has been successfully completed.

Post fracturing the well has flowed on test beyond the upper range of Northern’s expectations with stable gas flow rates of 450,000 m3/d (16.7 MMscf/d) and flowing wellhead absolute pressures of 170 bar (2465 psia) on a 36/64” choke. Measurements made during tests combining flow from both the Rotliegend and Hardenberg formations, indicated that the Rotliegend formation alone is capable of flowing at over 260,000 m³/d (9.6 mmscf/d).

This highly successful five well programme of hydraulic fracturing of reservoirs carried out at Brakel, Wijk en Aalburg, Ottoland, Grolloo and Geesbrug over the last ten months is now concluded. Construction activities for short pipelines have commenced for the tie in for production of the Geesbrug and Grolloo fields.

These results also have much relevance to the Tiendeveen prospect currently drilling 3.8 kms northwest of Geesbrug targeting the same formation.

“The results of hydraulic fracturing have already exceeded even our upside expectations. Even with the upcoming tests results of Rotliegend still to be analysed, shareholders and the Northern team should relish bringing the Grolloo and Geesbrug fields on production providing a strong revenue stream.” said Derek Musgrove, Managing Director of Northern.

NPN maintains a 45% licence and working interest, with EBN and Dyas respectively holding 40% and 15%.

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 Petroleum Plc, Mr Graham Heard CGeol FGS, who has over 35 years experience as a petroleum geologist.

For further information please contact:

Northern Petroleum Plc
Tel: +44 (0) 20 7469 2900/61
Derek Musgrove, Managing Director
Chris Foss, Finance Director
Graham Heard, Exploration & Technical Director
Sophie Hull, Head of Corporate Communications

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