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Press release

3 February 2010
Additional Listing & Directors’ Shareholdings

Northern announces that pursuant to the authority granted on 22 July 2009 it has issued today 418,247 ordinary shares of 5 pence to six directors and seventeen staff in respect of the share settled element of the Company’s 2009 bonus scheme. The shares have been issued at a price of 146.4375 pence per share, being the average mid market closing price for the three weeks ending 22 January 2010. Each new ordinary share will rank pari passu with existing ordinary shares. Application has been made for the shares to be admitted to trading on AIM and dealings are expected to commence on 11 February 2010.

Following admission, the total number of ordinary shares in issue will be 79,497,995.

As a result of the above issue, the holdings of the directors have changed as follows:

The directors’ total beneficial shareholdings are now 2,591,635 ordinary shares, which represents 3.26 per cent of the issued share capital of the Company.

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

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