22 Jun 2012 12:01
Northern Petroleum Plc ("Northern" (AIM: NOP)) Guyane Media Reports
Further to the announcement by Northern Petroleum on the 15th June 2012 with respect to the status of the Guyane Maritime exploration licence in French Guyane we note further comment in the media with respect to the licence.
A further statement is expected shortly from Shell, the operator of the Licence, and will be announced as soon as is practicable.
The partner interests in offshore Guyane are:
Shell 45.0%Tullow 27.5%Total 25.0%Northpet Investments 2.5% (Northern owns a 50% equity interest in Northpet) Ends
For further information please contact:
Northern Petroleum Plc Tel: +44 (0)20 7469 2900
Derek Musgrove, Managing Director Chris Foss, Director of Finance, Legal & Corporate Affairs Graham Heard, Exploration & Technical Director
CenkosSecurities (NOMAD and Joint Broker)Jon Fitzpatrick Tel: +44(0) 20 7397 8900Ken Fleming / Beth McKiernan Tel: +44(0) 131 220 6939
WesthouseSecurities (Joint Broker) Tel: +44(0) 20 7601 6100 Richard Baty / Petre Norton - Corporate Finance Sanjiv Pandya - Corporate Broking
FTI Consulting Tel: +44(0) 20 7831 3113Billy Clegg / Edward WestroppBishopsgateCommunications Tel: +44(0) 20 7562 3350Nick Rome / Shabnam Bashir Notes to Editors: Northern is a full cycle oil and gas company currently holding over 50 licencesin a number of low risk areas and is continuing with its strategy of adding andsecuring value for shareholders as it engages with projects at all stages ofthe E&P value chain.
Comprehensive information on Northern and its oil and gas operations, including all press releases, annual reports and interim reports are available from Northern's website at www.northpet.com.
XLON