Cabot Energy Regulatory News (CAB)

Northern Petroleum Plc

("Northern Petroleum" or "the Company")

Production update

Northern Petroleum (AIM: NOP), the AIM quoted oil company focusing on production led growth, provides the following update regarding production and development in north west Alberta, Canada:

§ net average oil production from 1 April up to and including 18 April was 449 barrels of oil per day ("bopd")

§ regional trucking restrictions were imposed between 19 and 29 April due to the expected annual spring thaw, which can cause wet and difficult road surface conditions:

- production from wells tied in via pipeline continued at a rate of approximately 212 bopd for the remainder of April

- overall average production for the whole of April was therefore 354 bopd

§ trucking restrictions were lifted on 29 April due to unusually dry weather allowing the local roads to dry out quicker than in previous years

- trucked wells now back in production

§ 9-25 battery ready for start up once final approvals are obtained from regulator, which will initially add another three producing wells

§ costs incurred to date at the Rainbow redevelopment project indicate that operating costs per barrel are between US$20 and US$25, when measured at an average production rate of 400 bopd

§ the variable operating costs per barrel of incremental production over and above 400 bopd are forecast to be between US$4 and US$10 per barrel, depending on whether the oil is transferred to the processing facility by pipeline or truck

§ following the completion of the current programme, a summer work programme will be developed for Q3, to achieve further production enhancements and operating cost synergies.

Keith Bush, Chief Executive Officer, commented:

"The operations team in Canada and London have done well to more than double production in the last three months, with production from the 9-25 battery yet to be added. This has provided a production base which gives valuable net cashflow for the group.

"Additional production above the current level comes at very low incremental cost and is a key focus once the current work programme is completed. The Company has substantial owned infrastructure which can process much higher volumes of production with a limited increase in fixed operating costs. Building production from here will create an asset with very attractive net cashflow and value, even at current oil prices."

-Ends-

For further information please contact:

Northern Petroleum Plc Tel: +44 (0)20 7469 2900

Keith Bush, Chief Executive Officer

Nick Morgan, Finance Director

Stockdale Securities Limited (Nomad and Joint Broker) Tel: +44 (0)20 7601 6100

Alastair Stratton

Robert Finlay

David Coaten

FirstEnergy Capital LLP (Joint Broker) Tel: +44 (0)20 7448 0200

Jonathan Wright

Note to Editors:

Northern Petroleum is an oil and gas company focused on production led growth. The Company is undertaking a redevelopment and production project in north west Alberta and has a broader portfolio of exploration and appraisal opportunities in countries of relatively low political risk, primarily Italy. Comprehensive information on Northern Petroleum and its oil and gas operations, including press releases, annual reports and interim reports are available from Northern Petroleum's website: www.northernpetroleum.com