10 May 2007 14:30
Embargoed for release: 1430 on 10 May 2007
Northern Petroleum Plc ("Northern" or "the Company") Notice of Final Results
Northern Petroleum Plc will announce its final results for the year ended 31 December 2006 on 16 May 2007.
There will be a presentation for analysts at 0900 on 16 May at the offices of Investec Investment Banking and Securities, 2 Gresham Street, London, EC2V 7QP. Analysts who are unable to attend in person will also be able to participate via conference call from 0830 that morning, and should contact Fran Read at Bishopsgate Communications before 1800 on 15 May for dial in information.
The results presentation will be made available on the Company's website, www.northpet.com, shortly after commencement of the meeting.
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Northern Tel: +44 (0) 20 7743 6080
Chris Foss, Finance Director
Investec Tel: +44 (0) 20 7597 5000
Michael Ansell / Patrick Robb
Panmure Gordon & Co Tel: +44 (0) 20 7459 3600
Katherine Roe / Ashton Clanfield
Bishopsgate Communications Limited Tel: +44 (0) 20 7562 3350
Maxine Barnes / Fran Read
Notes to Editors:
Northern Petroleum Plc is an AIM listed oil and gas production, development and exploration company with core interests under its management in The Netherlands, Italy and the United Kingdom.
Northern is currently embarked upon a programme to place two oil fields and four gas fields into production with works on the first two, Ottoland and Brakel starting in March and April 2007.
The Company has recently acquired the management interests in the producing Waalwijk gas field where it intends to implement plans to increase late phase gas, production and move to develop a 30 Bcf underground gas storage facility alongside Essent and Star Energy. The receipt of an interest in Netherlands offshore block P12 as part of the NPN deal with Dyas is the second gas production acquisition in 2007 to date.
Northern's Netherland partner list is impressive.
The Company has the second largest exploration position in Italy of licences under management where activities can be expected to pick-up as the result of the extra funds now available. In addition the Company has announced plans to drill a projected eastward extension of the producing Horndean oil field in West Sussex and another exploration well in the county.
Further information on Northern is available at www.northpet.com.
NORTHERN PETROLEUM PLC