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.

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."

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

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.

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.

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"

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.

I'd base my comment on the RNS.

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

SP isnt exactly galloping away.

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!

Drills prepare to move in as firm strikes oil

Published Date:
06 January 2011
By Adam Kula

A firm is to drill underneath a tiny village after striking oil.

Northern Petroleum believes there may be half a million dollars' worth of oil at Forestside in West Sussex, around one mile east of Rowland's Castle.

It estimates up to six million barrels of exploitable crude oil is there for the taking - worth around $90 per barrel at today's prices. That works out at half a billion dollars' worth - equal to around 346m.

Northern has long suspected there was oil lying under the site and will now carry out more tests to discover whether the deposit is as big as it believes.

Derek Musgrove, managing director of Northern, said: 'It's encouraging. The good thing is we've managed to drill it without great impact on the local community.

'I think you'll find most people have not found it inconvenient. These days any industry that makes a profit locally is good.'

But he said the knock-on effect for the area would be small.

'If we put in a trench we're probably going to use local contractors, or if we need nightwatchmen we'll use local contractors,' he said.

Mr Musgrove said the firm would put a Texas-style 'nodding donkey' pump on site shortly.

But he said disruption to the area would be 'about zero'.

He plans to move the oil either by lorry or by an underground pipe connected to Northern's existing Horndean site, where it has been extracting oil for two decades.

Sandy Parker, 59, is a resident of the village, and secretary of the Forestside Social Club.

She said: 'We should have bought shares. It might actually be under my house because the drill curves under the ground.

'I'm just glad for them. They've put a lot of effort into it.'

Northern is also set to begin drilling at its Havant site later this year in search of oil. It wanted to drill under Leigh Park last year, but held off to concentrate on work at the Forestside site.
http://www.portsmouth.co.uk/newshome/Drills-prepare-to-move-in.6681123.jp

A red herring?

You can't be serious.

Obviously like me, you don't have the technical knowledge to make a judgement.

ptholden, well the experts agree with me not you.

Markwells Wood delivers the goods
AIM-listed Northern Petroleum today confirmed an oil find at the Markwells Wood-1 well, drilled in West Sussex in the UK's onshore play.
Upstream staff 06 January 2011 08:38 GMT
The company originally flagged up the find last month, but today said the entire Great Oolite drilled reservoir sequence was oil-bearing.

http://www.upstreamonline.com/live/article240768.ece

And clearly nobody else can make a judgement as I stated before, not me, not you, not even NOP!!

"Tests are still being carried out to determine the discoverys reserve potential."

i must say, TA is a ramper par excellence ..... Mr P must be one of his proteges

cynic, ramper? your a muppet then, because you can't tell the difference between ramping and good honest research to put forward a case for a stock :p

Agree with you how exactly?

I do not dispute that oil has been found, my question was simply, have they found less than expected?

You have even highlighted the comment I am referring to in your own post 127.

I've checked in the zoo to see if there are any posters wich technical knowlege, but the main poster seems to be you, ramping away as 'mark jags'

ptholden, what part of 'entire' don't you understand?

Your a muppet too then, because you can't tell the difference between ramping and good honest research to put forward a case for a stock either.

ain't TA just as touchy as his protege too

Yada, yada.

You're a typical BB ramper, with no technical expertise, resorting to insults when the results of your 'research' are questioned. Quite why people feel the need to post on multiple BBs is quite beyond me.

When do we get to see that pretty picture of a lorry?

Which bit of 146 feet compared to a prognosis of 240 feet do YOU not understand?

Indeed Ricardo, legends in their own tea break!

Only when people accuse me of things I am not doing and never do. That's where morals come into play.

Can I be fozzy bear, I always liked fozzy.

Cynic can be Kermit!