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Northern Petroleum (NOP)     

barclay - 27 Jun 2006 14:50

Star Energy is currently testing the Avington well in Southern England.
This will take about 4 weeks an RNS news feed said, it started on 25/06/06.

I hope it proves positive so we get a good share price rise!
We are 5% holders but i'm not sure how much in pence potential this is worth for the company.

Another good reason to hold on to this share.

ptholden - 04 Jan 2011 20:42 - 108 of 286

This thread is turning into a one man ramping campaign!

TopAnalyst - 04 Jan 2011 20:59 - 109 of 286

Wow, someone else is reading!

I keep telling myself to buy more NOP, but I need to keep putting it all down in writing to convince myself ;)

TopAnalyst - 04 Jan 2011 21:52 - 110 of 286

NOP Gloden Cross just completed. Its on the way up now.

2a68jh2.jpg

markymar - 04 Jan 2011 23:50 - 111 of 286

ptholden are you on about tom or TA because tom has rampted this for years

TopAnalyst - 05 Jan 2011 08:23 - 112 of 286

markymar, he/she was on about me!

Tom has been bullish on NOP and still is(350p target). Until now NOP has remained undervalued, but NOW is the time for NOP to become a star. You only have to look at the last four RNS, then add the speculative buying that will come with Shell Italia drilling the 1Bn+ barrel field and you will see it. About 5 or 6 broker/analysts now have NOP as a strong buy or they have a much higher price target, its too late to go picking on tom at this stage.

TopAnalyst - 05 Jan 2011 09:36 - 113 of 286

Going well today. Looking for a close above 130p for a 10-month breakout. If not today then I am confident it will get there tomorrow.

robnickson - 05 Jan 2011 17:39 - 114 of 286

Nice progress today, moving like a rocket, playing catch up !

TopAnalyst - 05 Jan 2011 19:54 - 115 of 286

Flash Note
5th January 2011
Analyst: Dr Michael Green
Northern Petroleum* Impressive news flow: Strong Buy at 128p with a revised 167p target price

http://www.gecr.co.uk/file_download/89/GECR04_Northern_Petroleum_5thJan2011.pdf

TopAnalyst - 05 Jan 2011 19:55 - 116 of 286

136p uncrossing trade of 51,000 shares, 69,360 worth, very nice! highest price paid today, so someone really wanted the stock!

TopAnalyst - 05 Jan 2011 20:31 - 117 of 286

So much on the very long term chart, it might blow your mind!!

If it goes through 163.5p it should fly to 2, if it gets through 2 the sky is the limit ;) ;)


TopAnalyst - 05 Jan 2011 23:00 - 118 of 286

100% BUY
http://www.insidestocks.com/texpert.asp?sym=NOP.LS&code=BTTEN


Top 1% of the BUY strength and direction indiactors, 100% BUY
http://www.barchart.com/snapopinion/stocks/NOP.LS

TopAnalyst - 05 Jan 2011 23:04 - 119 of 286

As if NOP does not have enough bullishness surrounding it, with analyst rec's, technical indicators going ballistic etc, NOP now has BID SPECULATION to add to it!!

MARKET REPORT: Oil price sparks energy interest
By ELLIOT WILSON
Last updated at 10:35 PM on 5th January 2011

With the price of a barrel of oil again closing in on $100, market watchers are starting to imagine which UK-listed energy firms would look good on the auction block.

Northern Petroleum may be one of the first independents against the wall - a target for supermajors such as BP and Shell, or state-backed oil giants from India and China.

London-listed but with operations in Italy and Holland, Northern Petroleum said in December it had started production at a new Dutch oil field earlier than expected. Its stock has had a turbulent week, spiking and falling as investors seek consensus on its price. It closed up 16p at 136.00p, after rising 11p the day before.

http://www.dailymail.co.uk/money/article-1344474/MARKET-REPORT-Oil-price-sparks-energy-interest.html

TopAnalyst - 06 Jan 2011 08:18 - 120 of 286

Told ya! :)

Northern Petroleum PLC
Markwells Wood Update

06 January 2011

Northern Petroleum Plc

("Northern" or "the Company" (AIM: NOP))

Oil in Markwells Wood-1 Well Confirmed

Northern announces that assessment of the logs has confirmed that the entire
Great Oolite drilled reservoir sequence in Markwells Wood-1 is oil bearing
above the Horndean Field oil water contact of 4446 feet sub-sea level (TVD SS),
meeting the primary objective.

The presence of mobile ("live") oil was observed when the 30 feet of core was
extracted from the well. Initial analysis of the logs indicate the well, which
was deviated at an inclination of approximately 56 degrees through the Great
Oolite, penetrated a gross hydrocarbon bearing interval of 275 feet with a
calculated net reservoir of 192 feet with an average porosity of 13-14%, a
typical porosity value for this reservoir in the nearby fields in the same
formation. The top of the Great Oolite was encountered 51 feet low to prognosis
and the Great Oolite vertical thickness was 146 feet compared to a prognosis of
240 feet.

The analysis of the core is currently underway and that data will be integrated
with the petrophysical evaluation and image logs to design the testing
programmes.

Testing to establish pressures and flow rates in the existing wellbore will
take place when the required services and equipment have been contracted.
Testing operations will be conducted utilising a work-over rig at a lower day
rate cost. Analysis of the result will enable the determination of the oil
reserve potential and will be the basis for production planning.

Derek Musgrove, Managing Director of Northern, commented:

"The Markwells Wood-1 well has to date presented us with encouraging results.
An oil bearing sequence has been encountered in the target reservoir adjacent
to the producing Horndean oil field within its mapped structural closure.
Detailed analysis of the core and logs will provide information on reservoir
quality. Expected production rates will be derived from the future test
programme.

Success at Markwells Wood, helped by current oil prices, should enhance the
value of the other undeveloped discoveries and exploration prospects held under
licence by Northern in the UK."

required field - 06 Jan 2011 08:21 - 121 of 286

Bit by bit,... the sp could go a long way....

ptholden - 06 Jan 2011 08:40 - 122 of 286

Not wishing to piss on anyone's fireworks, but haven't they found quite a lot less than expected?

Good news the oil is there though.

TopAnalyst - 06 Jan 2011 08:42 - 123 of 286

It is good. Especially as the rise ofthe last two days was not based on expectation of this news, it was on the Time 'tip for 2011' and t1ps.com 'buy to 145p with a 350p target', probably a few buying because of yesterdays G&CR upgraded buy note with a higher target price, others buying because of the Golden Cross and 10-month breakout. So after the initial dust of automated limit buys/sells settles, we should see the bulls go for a run again.

TopAnalyst - 06 Jan 2011 08:44 - 124 of 286

ptholden, and what exactly do you base that on? they have not announced how much they have found because they don't know yet, so how can you possibly know??

The important bit is "the entire Great Oolite drilled reservoir sequence in Markwells Wood-1 is oil bearing"

markymar - 06 Jan 2011 08:47 - 125 of 286

Top...you should start your own thread for NOP and get some graphs on and up date the header as this is old at 2006 and out of date and you do put a lot of time in.

ptholden - 06 Jan 2011 08:48 - 126 of 286

I'd base my comment on the RNS.

Hint, 'prognosis', although I may have misunderstood, hence the question.

SP isnt exactly galloping away.

TopAnalyst - 06 Jan 2011 08:56 - 127 of 286

markymar, good idea, might do that ;)

ptholden, give the buyers a chance, most of them are on their way to work. There is no indication of the amount of oil in the field.

The bit you are referring to is a red herring "The top of the Great Oolite was encountered 51 feet low to prognosis and the Great Oolite vertical thickness was 146 feet compared to a prognosis of 240 feet.", because "the well, which was deviated at an inclination of approximately 56 degrees through the Great Oolite, penetrated a gross hydrocarbon bearing interval of 275 feet with a calculated net reservoir of 192 feet", I am no scientist but even I know that 192 feet of oil does not fit in a 146 feet hole!
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