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Managed to buy at 7.5p. The sales on here look like buys too
Agreed. This share needs continuous news to react positively. All expected, future news should be helpful. All the gremlins are now out of the way. Additional news from Canada will help but Italy will be the mainstay going forward. I am excited about the prospects here and will top up under 8p
A lack of volume is impacting the share price despite recent good news.
Can anyone provide any reason why the sp is dropping day by day for the last week or so. News is very scarce on NOP can't see and good or bad news to explain this movement. I
Support & Resistance More Resistance Point 9.950
Do I note people getting over excited about the SP!!! - lol
It was up 10.34% late morning.LSE is not tracking the NOP sp accurately-only at the open and close. Don`t question Volcano-he might erupt! Just like the NOP SP
it was around 10% but has quickly dropped
this is really frustrating nop is producing oil in Canada and great opportunities in Italy and what we get measly 1% rise.
More good news. Anticipated profit based on WTI @ ONLY $55 so anything north in the future is bonus profit. Recent WTI gains have helped. More to come on line in the 3rd quarter and farm out possibilities in Italy (Shell again ?) This share price will start to motor but still great buying opp.
Morning fella not posted for a long time but that's encouraging news today for sure although originally back in Oct/Nov 14 I note that the anticipated flow rate production wise for 2015 was estimated to be 550-600 bopd which then subsequently revised downwards to circa 450-550 bopd -a month or so later - and whilst I accept that Februarys news informing us that the new well had proved commercially was most unfortunate - the stark reality is that we are now looking at just restarting production in June at 75-100 bopd rising to just 200-250bopd in September -assuming all goes to plan of course - which is significantly short of forecasted performance levels - so what does that say or should we be just grateful it's flowing again at whatever level ? I know u are a big fan of KB and respect that totally but the facts clearly show on his watch and since he joined NOP and bearing in mind he spent the first 6-9 months of his tenure shadowing and working closely with Musgrave and the board before taking over and furthermore when he did -the sp was still around 75p level at the time - so nice guy or otherwise his track record to date has not been great by any stretch - that said could we do any better -maybe /maybe not -at the present time but in my humble opinion the next 6-12 months are a critical period for us for him and NOP so I hope ur right Mikey for all our sakes - btw if anyone deserves this to do well it's u fella- hindsight eh ? £1.90 price level way back when - ur loyalty and belief here is admirable my friend - I wish u well fella GLA
i agree some directors buying will help ,have you seen they holdings ,i hold more than that.
Price here shows unchanged. Via Google it shows at 9.35p! This has a long way to go upwards-superb buying opportunity
it is like waiting for red buses ,nothing for few weeks and suddenly two in two days . i am expecting better share price today ,looks like management doing what they promised.
AGREE!!! STRANGE I STILL CLICK THE RED DOT..
" value being realised over the short to medium term from these assets has significantly improved" sounds good to me
Northern Petroleum Gets Environmental Assessments Approved In Italy Wed, 10th Jun 2015 11:04 LONDON (Alliance News) - Northern Petroleum PLC Wednesday said its environmental impact assessment for the acquisition of 3D seismic data across the Giove undeveloped oil discovery and the Cygnus exploration prospect has been approved by the Italian regulatory authorities. In addition, environmental impact assessments for two of the company's exploration permit applications in Italy have also been approved. "The company has been working with the appropriate authorities in Italy to progress its permits and applications, and has refrained from discussing the opportunities until tangible progress has been made," said Chief Executive Keith Bush. The environmental impact assessment has been approved for the acquisition of 3D seismic within the company's wholly owned F.R39.NP and F.R40.NP licenses. The Giove oil discovery on F.R40.NP has 2C contingent resources of 25.8 million barrels of oil and the Cygnus exploration prospect on F.R39.NP has mean un-risked prospective resources of 446.0 million barrels. The two other exploration permit applications are contiguous to the two licenses. 2C resources are the best estimate of contingent resources. The Giove discovery resource was upgraded from 2P resources, which are proven and probable reserves, to 2C reserves in 2013. Before it acquires the 3D seismic, Northern Petroleum will seek a farm-in partner for the two license areas. "The Italian portfolio continues to be a core area for Northern and the possibility of value being realised over the short and medium term from these assets has significantly improved," Bush added. Northern Petroleum shares were down 0.5% to 8.21 pence per share on Wednesday morning. By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance Copyright 2015 Alliance News Limited. All Rights Reserved.
All very positive at the moment. The RNS was out of the blue and Mr Bush quite rightly has under played this. I am now looking for share price consolidation before the next release on CANADA. This remains a solid long term buy
i was expecting Canada news but this extra news from Italy will be very welcome.