Cabot Energy Regulatory News (CAB)

11 Nov 2005 13:22

For immediate release: 11 November 2005 Northern Petroleum Plc ("Northern", "the Group" or "the Company") Senior Appointment The Company is pleased to announce the appointment of Brian A. Hepp to theBoard of the Group's subsidiaries with existing operations in the position ofDirector of Group Operations.Brian has provided Northern with support services in operations since 2003 andhas over 23 years of international experience in design, field operations andpetroleum field management with Fluor, BP, Talisman and Bitech Petroleum. Inaddition, he was previously a director of a privately owned drilling andservicing company which had operations in Africa, North America and Alaska'sNorth Slope. Most recently he was President of Rocky Mountain Limited, aprivate consulting company providing upstream oil and gas expertise foroperations in Africa, Europe, Russia and the former CIS, including the projectmanager role for greenfield gas projects in Siberia and Azerbaijan.Brian holds a Masters Degree in Administration and a Bachelor of Engineeringdegree. He is a Registered Engineer in Canada, a Chartered Engineer in the UKand Europe and is a Fellow of the Institute of Chemical Engineers.Derek Musgrove, Managing Director of Northern, stated:"We are delighted to have recruited someone with Brian's experience and trackrecord of bringing projects on-stream and to their full potential. Theimmediate focus is to develop the Group's portfolio of discoveries in TheNetherlands, which has the gross potential for 3200-5000 barrels of oil per dayand 50Mw of electricity. An aggressive timeline for achievement of firstproduction is considered reasonable as much of the necessary infrastructure isalready in place and minimal well intervention is required in order to bringproduct to market." - Ends - Further enquiries:Northern Petroleum PlcChris Foss, Finance DirectorTel: 020 7743 6080Hansard CommuncationsChris Roberts/Ben SimonsTel: 020 7245 1100Further information on Northern Petroleum Plc is available via our website,www.northpet.comENDNORTHERN PETROLEUM PLC