Northern Petroleum Plc

 

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The Netherlands

United Kingdom

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Licences: Netherlands

Licence Status Interest Operator
Onshore - Exploration
Oosterwolde Licence 100% Northern
Utrecht Licence 100% Northern
Andel III (Nieuwendijk) Licence 22.5% * Northern
Drenthe III (Tiendeveen) Licence 22.5% * Northern
Drenthe IV Licence 22.5% * Northern
Zuid Friesland Licence 30.4% ~ NAM
Onshore - Production
Papekop Licence 45% Northern
Drenthe III (Geesbrug) Licence 45% ^ Northern
Drenthe IV (Grolloo) Licence 45% ^ Northern
Andel III (Andel VI, Brakel & Ottoland) Licence 45% ^ Northern
Waalwijk: Licence   Northern
Waalwijk - North   16.667% ~  
Waalwijk - South 2   50% ~  
Offshore - Production
P12 Licence 23.611% ~ Wintershall
Onshore – Underground Gas Storage
Waalwijk - North   16.667% ~ Star Energy
Waalwijk (excluding North)   25% ~ Star Energy
* Assuming NAM farmin obligations are met, government approval of licence transfers to Dyas and EBN as a 40% partner upon payment of pro rata share of back costs.
^ Assuming government approval of licence transfers to Dyas and EBN as a 40% partner upon payment of pro rata share of back costs. NAM has a 50% net profits interest after payback of 130% of Northern’s development costs.
~ Assuming government approval of licence transfers to Northern and Star Energy.

Licences: UK

Licence Interest Operator
Onshore - Exploration
PEDL 069 5.00% Sterling Resources
PEDL 070 5.00% Star Energy
PEDL 089 Area A 70.00% Northern
PEDL 089 Area B 10.00% Northern
PEDL 098 62.50% Northern
PEDL 099 50.00% Northern
PEDL 125 50.00% Northern
PEDL 126 50.00% Northern
PEDL 152 62.50% Northern
PEDL 153 33.34% Northern
PEDL 154 * 30.00% Northern
PEDL 155 50.00% Northern
Onshore - Production
PL211 (Horndean Oilfield) 10.00% Star Energy
Offshore - Exploration
P1153 10.00% Northern
 
* assuming farmin obligations are met.

Licences: Italy

Licence* Category Area Size Operator
Onshore - Exploration
Savio Award Po Valley 459 km² Northern
Longastrino Award Po Valley 140 km² Northern
Nibbia Award Po Valley 253 km² Northern
Cascina Alberto Preliminary award Po Valley 462 km² Northern
La Sacca Preliminary award Po Valley 52 km² Northern
Punta Marina Preliminary award Po Valley 30 km² Northern
Cerasa Award Marche Basin 382 km² Northern
Offshore - Exploration
E.R51-NP Award Tiber Delta 724 km² Northern
C.R146-NP Award Sicily Channel 620 km² Northern
C.R147.NP Award Sicily Channel 637 km² Northern
d347CR-NP Preliminary award Sicily Channel 391 km² Northern
G.R17.NP Award Sicily Channel 709 km² Northern
G.R18.NP Award Sicily Channel 737 km² Northern
G.R19.NP Award Sicily Channel 710 km² Northern
d21GR-NP Preliminary award Sicily Channel 713 km² Northern
G.R20.NP Award Sicily Channel 744 km² Northern
G.R21.NP Award Sicily Channel 743 km² Northern
G.R22.NP Award Sicily Channel 727 km² Northern
FR.39.NP Award Southern Adriatic 735 km² Northern
FR.40.NP Award Southern Adriatic 735 km² Northern
d59FR.-.NP Preliminary award Calabrian Coast 731 km² Northern
d60FR.-.NP Preliminary award Southern Adriatic 742 km² Northern
d61FR.-.NP Preliminary award Southern Adriatic 733 km² Northern
d149D.R-.NP Preliminary award Southern Adriatic 736 km² Northern
* Northern holds a licence interest of 100%, however subsidiaries of ATI Oil Plc have under contract an economic interest of 50% in all of the above licence areas.

Licences: Guyane

Licence Interest* Operator
Offshore - Exploration
Guyane EEL 1.25% Tullow Oil
* Northern owns a 50% equity interest in Northpet Investments Limited, a company which has a 2.5% interest in the Guyane EEL.

Licences: Spain

Licence Interest Operator
Onshore - Exploration
Valderredible 1.25% ^ Leni Gas & Oil
Huérmeces 1.25% ^ Leni Gas & Oil
Basconcillos-H 1.25% ^ Leni Gas & Oil
^ This interest represents a gross overriding royalty of 1.25% over all hydrocarbon production from Valderredible, Huérmeces and Basconcillos-H.
     

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