Daily Express
27 March 2007
...Northern Petroleum rose 6p to 98½p as traders suggested a positive update was due on its Netherlands oil prospects...
Chichester Today
15 March 2007
A search for oil is being planned for a remote woodland location in countryside
north west of Chichester.
Exploration company Northern Petroleum is hoping to produce between 1m and
5m barrels of oil from the site if it goes into full production – the total for a North
Sea rig can be up to 500m.
An application for planning permission to drill an exploratory well will be
submitted to West Sussex County Council, the minerals planning authority,
during the next four to six weeks.
The site is in Markwells Wood, north of Forestside, 600m from the nearest
home, and the black gold being sought is part of the same reservoir used by
already operational wells at Singleton, near Chichester, and Horndean, run by
different companies.
The Singleton site, also concealed in extensive woodland, has been operating
for many years.
Northern Petroleum has a licence to search for oil and gas in the area bordering
Hampshire and West Sussex.
I
t said it had identified a subsurface structure that it would like to investigate
further.
A three-year timescale was being sought to complete the operation, including full
restoration of construction works.
The Times
18 January 2007
...Northern Petroleum drifted 5p to 96½p despite saying that it will begin drilling a test well in the Netherlands more than a year ahead of schedule. Investors have been hoping for positive news from Italy, where the explorer has a partnership with ATI Oil, a Plus Markets-quoted peer with several Northern directors on board...
Hemscott
17 January 2007
Northern Petroleum to start drilling Ottoland oil field a year ahead of plan
LONDON (AFX) - Northern Petroleum PLC said it will begin drilling an appraisal
and development sidetrack on the Ottoland oil field in The Netherlands more
than a year ahead of schedule.
The oil and gas exploration company said it has signed a contract to secure a
drilling rig from DrillTec GUT GmbH and decided to bring forward the first new
drilling on the Ottoland field from late 2008 to early this year.
The existing Ottoland-1 well drilled in 1987 tested oil at a rate of 211 barrels of
oil per day over an interval of 14 metres in a near vertical well.
The Ottoland-1z sidetrack has been designed to intersect and produce from 600
metres of reservoir in a near horizontal well at significantly higher flow rates, the
company said in a statement.
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