The Company announces that, following the exercise of warrants at 67 pence per share to subscribe for ordinary shares on 26 January by a consultant, it has made an application pursuant to the authority granted on 22 July 2009 for the admission of 17,500 ordinary shares of 5 pence each to trading on AIM. Each new ordinary share will rank pari passu with existing ordinary shares. Following the admission, the total number of ordinary shares in issue will be 79,042,248.

It is expected that dealings in the said shares will commence on 3 February 2010.

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

Brokers to the Company

Jefferies International
Tel: +44 (0) 20 7029 8000
Chris Snoxall / Schuyler Evans

Astaire Securities
Tel: +44 (0) 20 7448 4400
Jerry Keen / Toby Gibbs