2 July 2010
Preliminary analysis of effects of new Italian environmental proposals
Preliminary examination by the directors of Northern Petroleum Plc (AIM:NOP) suggests that proposals as detailed in a posting on the official Ministry of the Environment web-site, attributed to Environment Minister Stefania Prestigiacomo, do not affect Northern’s reported reserves in Italy or the exploration prospectivity of the Southern Adriatic, and has limited or no effect upon most other areas including the West of Sicily Thrust Belt.
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22 March 2010
Completion of Offshore Sicily Seismic 3D Survey
Northern announces that on 20th March 2010 it completed the seismic operations in offshore West Sicily thrust belt covering four licences - G.R17.NP, G.R20.NP, G.R21.NP and G.R22.NP.
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14 January 2010
Commencement Of Offshore Sicily Seismic 3D Survey
Northern has commenced 3D seismic operations in the West Sicily thrust belt that will cover four licences - G.R17.NP, G.R20.NP, G.R21.NP and G.R22.NP. A total of up to 1520 km² of 3D seismic data will be acquired in these licences with the survey expected to last approximately two months.
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6 October 2009
Northern And Shell To Proceed With Italian Joint Exploration Programme
Northern announces that together with Shell Italia E&P S.p.A. (“Shell”) it will be acquiring a 3D seismic survey in their joint exploration area offshore Sicily.
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31 July 2009
Northern expands Italian Thrust Belt licence area by 897 km²
Northern announces the preliminary award of two new offshore permits, d25G.R-.NP and d26G.R-.NP, covering a total 897 km² expanding its position in the Apennine-Maghreb Thrust Belt, which added to the six permits held jointly with Shell Italia E&P S.p.A (“Shell”), total 5,267km².
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12 May 2009
Award of Permits Offshore Calabria – Ionian Sea
Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“Northern”), has been advised of the preliminary award of two offshore Italian permits, d63F.R-.NP and d64F.R-.NP, covering a total of 1470 km². Northern has been invited to prepare the required environmental impact study on which work will shortly commence.
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7 May 2009
Savio 1x Update
Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“Northern”) which is undertaking a three exploration drilling programme in the Po Valley region of Italy, has this morning suspended drilling operations in Italy on the Savio 1x site. The well, located in the prolific gas producing area of Emilia Romagna in the Po Basin, encountered thicker than expected sandstone formations but examination of the electric logs suggests that the gas contained in them is insufficient to warrant testing.
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15 April 2009
Award of Licence Offshore Sicily
Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“Northern”), has been advised of the preliminary award of offshore Italian licence d351C.R-.NP, covering 100 km². Northern has been invited to prepare the required environmental impact study which work will now commence.
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27 March 2009
Operations Update - Italy
Northern announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, has successfully completed the infill seismic survey on licence CR147 offshore of the Italian island of Pantelleria.
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18 March 2009
Offshore Sicily Seismic Survey Completed
Northern announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, completed on 16 March its 2D seismic operations in six West Sicily offshore thrust belt licences G.R17.NP, G.R18.NP, G.R19.NP, G.R20.NP, G.R21.NP and G.R22.NP.
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13 March 2009
Italian Drilling Commences targeting 332 bcf
Northern announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, has this morning commenced drilling operations in Italy on the Savio 1x site utilising the Hydro Drilling International S.p.A. E1200 rig.
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13 February 2009
Commencement of Offshore Sicily Seismic Survey
Northern announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, has today commenced 2D seismic operations in its six West Sicily thrust belt licences G.R17.NP, G.R18.NP, G.R19.NP, G.R20.NP, G.R21.NP and G.R22.NP, and also in its permit C.R147.NP off Pantelleria island in the Sicily channel.
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26 January 2009
Savio-1X Well Targets 332 bcf of Gas
Northern Petroleum Plc. announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“Northern”) has succeeded in putting all pre-drilling approvals in place, signed a drilling rig contract and commenced site construction works. This is the start of a more active period of operational activities in Italy.
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22 January 2009
Shell Farmout Completed
Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, and Shell Italia E&P S.p.A have completed all the conditions under the agreement for the farm out of six of Northern’s offshore Sicily Channel licences in Italy announced on 4th December 2009, namely GR17-NP, GR18-NP, GR19-NP, GR20-NP, GR21-NP, GR22-NP, to Shell.
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4 December 2008
Agreement with ATI Oil Plc
Northern announces that it has signed a binding Heads of Agreement with ATI Oil Plc (“ATI”), the principle terms of which are as follows...
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4 December 2008
Sicily Channel Farm-outs
Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, (“Northern”) has farmed out six of its offshore Sicily Channel licences in Italy, namely GR17-NP, GR18-NP, GR19-NP, GR20-NP, GR21-NP, GR22-NP ("Sicily Channel Licences"), to Shell Italia E&P S.p.A (“Shell”).
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24 October 2008
Po Valley Farm-outs
Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited, has farmed out three of its Po Valley licences in Italy, namely Savio, Cerasa and Longastrino, to Avobone Italy S.r.l., an Italian subsidiary of the Indofin Group, a private global investment company.
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2 April 2008
Operations Update
Following completion of the profitable sale of reserves, proprietary data and know-how to Dyas B.V. for a consideration of €41million whilst still achieving a 26.5% increase year on year in independently assessed proven and probable reserves to the level of 76.5 million barrels of oil equivalence, Northern has continued to develop its operations throughout Italy, The Netherlands and the UK, where as Operator it is planning eight appraisal and exploration wells and planning to develop eight oil and gas fields.
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10 March 2008
Independent Upgrade of Exploration Potential of Adriatic Sea Licences
Northern Petroleum is pleased to announce a significant resource upgrade of six of its drilling prospects in the Adriatic Sea.
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29 January 2008
Award of Fifth Italian Licence in Southern Adriatic Sea
Northern Petroleum Plc announces that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“Northern” or “the Company”), has been advised of the preliminary award of offshore Italian licence d60F.R-.NP, covering 742 km². Northern has been invited to prepare the required environmental impact study which work will now commence.
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4 December 2007
ADRIATIC SEA BOOKED RESERVES UP 170% AND 1.26 TO 6.00 BILLION BARRELS OF OIL EXPLORATION POTENTIAL
Two independent petroleum engineering and geological reports by Blackwatch Petroleum Services Limited concerning two of four licences in the southern Adriatic Sea allocate 33.56 million barrels of Probable Recoverable Reserves to the Rovesti discovery.
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4 October 2007
Additional 9.8 million barrels of Probable Oil Reserves
Northern is pleased to announce that it has received the first of three independent petroleum engineering reports concerning the Giove, Rovesti and Medusa oil discoveries in the southern Adriatic Sea.
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11 September 2007
Northern Awarded Italian Licences as Corporate Activity in the Region Escalates
Northern is pleased to announce that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“NPUK”), has been advised of the preliminary award of two offshore Italian licences, covering 1469 km², of which it is the operator.
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25 June 2007
Award of Two Offshore Licences with Three Oil Discoveries
Northern announces that it has been notified of the final award of licences FR.39.NP and FR.40.NP in the southern Adriatic, offshore Italy, (previously d57F.R-.NP and d58F.R-.NP).
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26 February 2007
Final Decree of Three Offshore Italian licences
Northern Petroleum Plc, the oil and gas production, development and exploration company with core interests under its management in The Netherlands, Italy and the United Kingdom, is pleased to announce that the Italian authorities have issued the final decree of a further three offshore Italian licences to its wholly owned subsidiary, Northern Petroleum (UK) Limited (“NPUK”).
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28 November 2006
Seismic survey enhances offshore Sicily projects
Northern Petroleum Plc, the oil and gas production, development and exploration company with core interests under its management in The Netherlands, Italy and the United Kingdom, is pleased to announce the completion of a 1500km 2D seismic program across the offshore Sicily blocks C.R146.NP, C.R147.NP, G.R17.NP, G.R18.NP and G.R19.NP, operated by Northern. This program fulfils all seismic commitments on these permits.
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31 October 2006
Provision of Finance Facility
Northern announces that it has signed a Heads of Agreement with ATI Oil Plc (“ATI”) such that Northern shall provide a finance facility of up to £1,750,000 to ATI, secured over certain of ATI’s assets.
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23 August 2006
Farmout Agreement
Wholly owned subsidiaries of Northern Petroleum Plc and ATI Oil Plc (“ATI”) have concluded a farmout agreement with Stratic Energy Corporation (“Stratic”) covering the Longastrino and Savio licences in the Po Basin in Italy, subject to the usual governmental and regulatory approvals.
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16 February 2006
Award of Italian LIcences
Northern is pleased to announce that its wholly owned subsidiary, Northern Petroleum (UK) Limited (“NPUK”), has been advised of the preliminary award of six offshore Italian licences, covering 4,415 sq km, of which it is the operator. The licences confirmed are: d22G.R-.NP, d23G.R-.NP, d24G.R-.NP in the Sicily Channel, d57F.R-.NP and d58F.R-.NP in the Southern Adriatic and d59F.R-.NP Offshore Calabria. Northern will now go ahead to prepare the necessary environmental impact studies on these licences.
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20 January 2006
Licence Update - Italy
Northern is pleased to advise shareholders that ATI Oil Plc (“ATI”), its joint venture partner in Italy, has today announced the final decree of the Longastrino licence in the Po Valley and the preliminary award of a further three licences in which Northern also has a 50% interest – Gattinara in the Western Po Valley, and offshore west of Sicily, d347C.R-.NP and d21G.R-.NP.
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