Weekly Drilling Report

17 Aug 2005 08:18

Wednesday 17th August 2005, 0900hrs Northern Petroleum Plc Weekly Drilling Report Sandhills-2 - Isle of Wight The Sandhills-2 appraisal well in PEDL 098 on the Isle of Wight has reached ameasured depth of 4185 feet at 07:00 hours today 17th August and preparationsto commence coring are underway.Licence: PEDL 098Location: Wessex Basin, Isle of WightRig: BDF Rig 28Participants in the Sandhills-2 well are:Northern Petroleum (GB) Limited: 57.5%Magellan Petroleum (NT) Pty Limited: 22.5%Oil Quest Resources Plc: 7.5%Black Rock Resources (UK) Limited : 5.0%Montrose Industries Limited: 5.0%Oil & Gas Investments Limited: 2.5%For further information please contactNorthern Petroleum PlcDerek MusgroveTel: 020 7743 6080orHansard CommunicationsChris Roberts/Ben SimonsTel: 020 7245 1100ENDNORTHERN PETROLEUM PLC