Daily Mail
18 December 2004
Northern seeks its great Wight hope
...The moving force in the new search is Northern Petroleum, which has been given planning permission to drill a well on the island's Sandhills licence area and hopes to drill a second well on its Bouldnor Copse licence...
... If Northern gets its drilling rig on the site - the same site vacated by British Gas - the shares could see some speculative action. In September it had £5.3m cash, enough to carry out its 2005 drilling programme...
Shares
9 December 2004
What goes up...
...Closer to home, Lewes may not strike you as the Dallas of Southern England but it might be, sort of, since oil wells are being drilled right there on the sunny south coast. Energy minnows Northern Petroleum and Black Rock Oil and Gas are in the neighbourhood and hope to strike gold (of the oily variety) some time in the near future.
Press & Journal (Aberdeen)
8 December 2004
Drilling plans
Northern Petroleum says it will drill the Sandhills-2 well on the Isle of Wight in January and will subsequently move on to drill the Bouldnor Copse-1 prospect. The company says it believes there is company-transforming potential for up to 135 million barrels of recoverable oil net to Northern from the two wells.
Western Daily Press (Bristol)
8 December 2004
Hereward gives date for drilling
West prospects firm Hereward Ventures will soon be re-drilling for oil on the Isle of Wight, it revealed yesterday. The Bristol firm has interests in two oil wells, holding stakes of 7.5 and 10 per cent in a consortium with majority stakeholder Northern Petroleum.
The consortium plans to start drilling at the Sandhills-2 site in January. Activity at Bouldnor Copse-1, the second site, will follow once test drilling at Sandhills is complete.
Daily Express
7 December 2004
Market Report
David Shand
...Ongoing bid rumours sent underwriter Cox Insurance 3p higher to 92p, while Northern Petroleum's 0.87p advance to 10.37 was fuelled by broker Evolution Securities' bullish comments regarding its Isle of Wight prospects...
Independent
7 December 2004
...Northern Petroleum added 0.87p to 10.37p as Evolution Securities was heard to be putting its weight behind the stock with a 21p price target, while Black Rock Oil and Gas improved 0.13p to 2p after a positive update from its Cyrano project in Western Australia...
Daily Telegraph
7 December 2004
The Market
Yvette Essen
...On AIM, junior oil exploration company Northern Petroleum rose 0.87p to 10.37p after Evolution Group slapped a 21p price target on the stock...
Daily Mail
4 December 2004
...Northern Petroleum: Evolution says buy at 10½p (now 9½p). Over the next three months it will participate in important exploration wells, which could add significant value to the company...
Independent
4 December 2004
...Northern Petroleum 9.5p (down 0.87p, 8.4 per cent). Profit taking after recent strong gains.
Investors Chronicle
3 December 2004
Hereward Ventures... Fingers crossed for Bouldnor Copse. But, even without it, reasonable value.
Press & Journal (Aberdeen)
23 November 2004
...Northern Petroleum has agreed to sell 10% of its onshore licence PEDL 154 in the Weald basin in the south of England to Hereward Ventures for £10,000. Hereward has said it will pay 20% of further costs to gain an option for a further 10% of the licence.
Shares
18 November 2004
Fresh heights: Northern Petroleum 11.25p, up 4.6%
Daily Mail
12 November 2004
Market Report
Geoff Foster
Northern Petroleum gushed 1.25p to 10.75p. It has exchanged a 20pc shareholding in all its licence interests in Italy for a stake in ATI Oil Plc, which has applied for an Ofex listing. Following the proposed placing, Northern will hold 35m shares, or 38.7pc.
Daily Express
11 November 2004
Market Report
Tamsin Waghorn
Northern Petroleum firmed 0.13p to 9½p following an announcement that it had exchanged 20 per cent of its licences to explore for oil and gas in Italy for shares in newly-established company ATI Oil.
Upstream
5 November 2004
Northern bid issue on offer
UK minnow Northern Petroleum has issued bid documents for key contracts on its planned two-well exploration programme on the Isle of Wight off Southern England. Northern said it had issued tenders for site construction at the Sandhills-2 site and also for a drilling rig. Site construction is expected to begin at Sandhills within three weeks, with the earliest spud date for this well expected to be December or January.
The Sandhills-2 well will have a primary target of Great Oolite limestone, which has been proven to be oil bearing in the untested Sandhills-1 well drilled by British Gas in 1982...
Shares
4 November 2004
...Northern Petroleum issued a drilling update for its wells in the Isle of Wight and says its expects to start drilling two wells in December or January...
Evening Standard
1 November 2004
Northern on Wight black gold trail
AIM-listed oil exploration and production company Northern Petroleum plans to start drilling work on the first of two onshore wells on the Isle of Wight in December or January. Exploration manager Graham Heard says the sites may contain up to 230 million barrels of recoverable oil. If that were the case, it would become Britain's second-largest onshore field, second only to Europe's largest, Wytch Farm in Dorset, from which BP hopes to extract 600 million barrels...
Daily Express
30 October 2004
Oil boom hits Isle of Wight
The search for black gold on the Isle of Wight is to speed up after oil exploration company Northern Petroleum yesterday said it was about to start drilling. It is one of several companies that see huge potential in the oil reserves underneath the island.
Press & Journal (Aberdeen)
30 October 2004
Drilling plans
Express & Star (Wolverhampton)
28 October 2004
Drill consent
Northern Petroleum won planning consent from the Isle of Wight Council to drill at Bouldnor Copse, east of Yarmouth. It follows permission to explore at Sandhills and will result in significant cost savings from lower charges for mobilising rigs.
Financial Times
28 October 2004
...Hereward Ventures, the oil exploration company, rose 5 percent to 5.25p after its partner Northern Petroleum won permissuion to drill in the Isle of Wight...
Press & Journal (Aberdeen)
28 October 2004
Drlling approval
Northern Petroleum won planning consent from the Isle of Wight Council to drill at the Bouldnor Copse.
Irish Times
28 October 2004
London Report
Hereward Ventures, the oil exploration company, rose 5 percent to 5.25p after its partner, Northern Petroleum, won permission to drill in the Isle of Wight.
Shares
21 October 2004
...Shares says: Northern will need to build scale if its profits are to really take off.
Investors Chronicle
15 October 2004
AIM makes it big
...Recently groups such as Black Rock, Northern Petroleum and Hereward have been revisiting old ground and, largely led by Northern, these companies have come up with several interesting prospects. These discoveries are never going to be on the scale of the reserves in Saudi Arabia or Iraq, but could nonetheless reward investors handsomely...
Daily Express
13 October 2004
Market report
David Shand
...Northern Petroleum was steady at 9.87p on brisk trading as traders speculated more good news was on the way from the company's Isle of Wight prospects...
Yorkshire Post
5 October 2004
Partnership seeks backers to help win drill licences
Daily Express
30 September 2004
Market report
David Shand
...Well received half year figures boosted Northern Petroleum 0.75p to 9p...
Edinburgh Evening News
17 September 2004
...In a good week for Northern Petroleum, the AIM-listed independent oil and gas exploration company ... announced that it has been offered five licences in the 12th landward licencing round and that the Isle of Wight had granted it planning permission to drill an exploration borehole...
Investors Chronicle
17 September 2004
...Clearly a gamble, but one of the best among oil minnows.
Daily Express
16 September 2004
Market report
Liverpool Post
16 September 2004
Daily Mail
11 September 2004
Investors Chronicle
10 September 2004
The final months of 2004 should be pretty busy for Northern Petroleum, with the 22nd and 12th round of UK government oil licence awards, in which it has applied for two offshore and five onshore licences...
Daily Express
9 September 2004
Northern Petroleum could be about to take a big step forward on its Isle of Wight drilling prospects...
Daily Star
9 September 2004
Northern Petroleum could be about to take a big step forward on its Isle of Wight drilling prospects...
Investors Chronicle
6 August 2004
Oil: the UK explorers
...Hereward Ventures has also raised new money recently, exclusively for gas and oil projects. Chief Executive David Bramhill notes that a strong oil price is definitely conducive to fund-raising. He hopes to put the extra £1.6m he now has to good use in the south of England, where Hereward is involved in looking for oil with a fellow UK-listed junior, Northern Petroleum...
Guardian G2
5 August 2004
Oil, oil - everywhere!
Daily Express
24 July 2004
Market report
Growth Company Investor
July 2004
...Also perticipating in the Isle of Wight is Northern Petroleum, headed by Derek Musgrove, which wants to drill another well there and is testing targets at Wytch Farm in Dorset...
What Investment
May 2004
...If you fancy something more speculative then, at 7.25p and capitalised at £16 million, oil-exploration company Northern Petroleum is a good place to start...
AIM Bulletin
May 2004
It may seem unlikely but the South
Coast of England could become a
major oil producing area over the next
decade...
Read the article (PDF, 114KB)
Isle of Wight County Press
28 April 2004
Read the article
Daily Mail
17 April 2004
Market Report
Daily Express
15 April 2004
Market report
Evening Standard
7 April 2004
Market report
Financial Times
8 April 2004
Northern Petroleum placing raises £3m
Financial Times
8 April 2004
...AIM-listed Northern Petroleum put on 6.9 percent to 7.75p following a placing of 52.5m shares at 6p...
Evening Standard
7 April 2004
Hereward Ventures buys into oil and gas search
Isle of Wight County Press
5 March 2004
Read the article
Upstream
13 February 2004
Northern extends reach
Daily Mail
7 February 2004
Market Report
...Almost 8m Northern Petroleum changed hands...
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