For Immediate Release 1 April 200




Nautical Petroleum plc ('Nautical' or 'the Company')
Listing of Shares


(AIM market of the London Stock Exchange. Ticker symbol - NPE) Application has
been made to the Alternative Investment Market of the London Stock Exchange
('AIM') for the admission to trading of 775,000,000 Ordinary Shares of 1p each
in the Company.

At the recent EGM it was also resolved to increase the Authorised Share Capital
from 4,000,000 to 12,000,000

Commenting on the transaction, CEO Steve Jenkins said:

'The completion of this transaction sees Nautical well placed to lead the next
phase in developing heavy oil reserves on the United Kingdom Continental Shelf,
an area in which new activity is encouraged by both government and industry.

'We look forward to increasing shareholder value by developing the heavy oil
assets in our existing portfolio. We intend also to expand our heavy oil asset
base through both acquisition and future licensing rounds'.


Enquiries:

Nautical Petroleum 020 7550 4890
Ian Williams, Chairman
Stephen Jenkins, Chief Executive

Insinger de Beaufort 020 7190 7000
Simon Fox
Louis Castro

Buchanan Communication 020 7466 5000
Tim Thompson
Ben Willey
Eleanor Williamson



Notes to the Editors

The reverse takeover leading to today's listing of Nautical was announced
on 7th March 2005 and has been well received by the market.

Nautical aims to acquire, develop and add value to further heavy oil
reserves initially in the United Kingdom Continental Shelf (UKCS).

The Company sees an excellent opportunity in forthcoming licensing reviews
and current rationalisation of the UKCS by oil and gas majors. Smaller, more
focused companies are capable of the development of undervalued heavy oil
reserves on a phased basis, mitigating risk.

In conjunction with the downstream oil interests of shareholder Masefield
Energy Holdings AG, the Nautical heavy oil reserves will be developed for
fuel supply to the thermal power generation industry.

Nautical holds three assets significant to pursuing its strategy. As a 75%
shareholder in Nautical Petroleum AG, Nautical has sole access to licences
for contiguous blocks 9/2b and 3/27a on the UKCS, in which Nautical
Petroleum AG has a 100% interest. Specialised process equipment comprises
the third asset.

The first block, 9/2b, contains the 9/2 - 1A oil discovery well and is in
the vicinity of the Bressay and 9/3 heavy oil discoveries. Nautical has
purchased and interpreted 2-D seismic data, purchased 3-D data, purchased
and interpreted digital well data and completed an extensive assay of a
sample of oil from well 9/2-1A. Based on current data it has been confirmed
that there is an oil column of at least 33 metres.

The Company has purchased 2D seismic data and other information on the on
wells within the second block, Block 3/27a. The interpretation of this data
has generated several leads, one of which is analogous to the 9/2b - 1A
discovery, but with probable greater reservoir thickness. There are
indicators of liquid hydrocarbons deeper in the geological section.

Nautical's specialised process equipment is of a type specifically
designed for the Mariner discovery extended test well. The equipment is
suitable for use in testing of heavy oils down to 10 degrees gravity, is
easily deployable and fully compatible with most semi submersible drilling
rigs. When not being used by Nautical, the equipment can be hired to third
parties for well testing in order to generate revenue.

Nautical's management team have extensive networks in the oil and gas
industry gained over the course of careers in the sector.


This information is provided by RNS
The company news service from the London Stock Exchange

http://www.britishbulls.com/StockPage.asp?CompanyTicker=NPE&MarketTicker=RESOURCES&Typ=S

up again today,

from today's Daily Mail:
Nautical Petroleum. Hardman says buy at 7.75p (now 10.5p). Actively seeking to expand. Its heavy oil assets are undervalued and underexploited.
Should be good for a tick-up on Monday

sorry you all missed the train,
never mind there are plenty of other fish to catch,

This train don't stop here any more!!!!!!!!

Hop on at the next station, just re-fueling!

Company website for Nautical Petroleum --

http://www.nauticalpetroleum.com/

More about `heavy oil'--

http://heavyoil.rml.co.uk/

Npe will become leading Heavy Oil explorer -- Doubled my holding this am!

dikytree.

very nice

ANY IDEA WHEN BLOCK 9/2B WILLBE BROUGHT INTO PRODUCTION OR ANY OTHER WELL ,FOR EXAMPLE EEN ARE MOTORING IN COLUMBIA.

not till 2006 ,but more contracts should be forthcoming,

a full recent review of everything about the company is here.

http://www.hardmanandco.com/Research/Nautical_May_2005.pdf

up again today

Thanks forHardman link, great 16 page spread, like a mini uni thesis,excellent info,sp looking good too.

holding steady!

well theres another good chance of making some good money on this one,
they will be wanting to raise more money soon,which might effect the price somewhat,and then its another climb to a nice profit,hope you will be waiting at the sidelines,

i have heard it has been tipped in the investors chronical,

http://www.companyannouncements.net/cgi-bin/articles/200507040730034044O.html

i am surprised myself its this price so quickly

NPE are building up acquisitions during 2005 andwill drill during 2006, what agreat plan ,let sp shoot up ake, o.k.