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.

this is now even higher since that muppet hy leo posted that it had recent fall.......the trick is to estimate BEFOEHAND whether a share goes up or down. as always this is another gonzo ala hyleo got wrong.

apologoies to gonzo the muppet

over 130p now.......another hyleo short burning after he probably did this at sub 100p

We might be on the verge of a breakout....I can see the rising trend possibly about to jump upwards sharply...

poor old hyleo

Sp about to jump higher....the trend is there and this has a tendancy to stumble and then rocket sharply....

This is like a recoiled spring....about to fly....

hyleo shorts are burning on this one at under a quid......ouch

It's a good one...more to come...

will hileo have any shorts to burn by then? lol.....poor sod will need to buy back and lose a fortune.....double whammy

He's bound to have closed a lot of shorts by now, in bad times that's the only thing to do...never tried it yet myself but will do one day.

hyleo is still shorting shares......well he types in only occasionally now but still shorting........he came onto NOP when it went under a quid

TIDMNOP

Geesbrug ? Another Fracturing Exceeding Expectations
28 September 2009


Northern Petroleum Plc
("Northern" or "The Company" or "NOP")

GEESBRUG - ANOTHER FRACTURING EXCEEDING EXPECTATIONS


Hydraulic fracturing in the Geesbrug-1 well of the Carboniferous Hardenberg and Permian Rotliegend
formations in the Dutch Drenthe III licence area has been successfully completed.

Post fracturing the well has flowed on test beyond the upper range of Northern's expectations with stable
gas flow rates of 450,000 m3/d (16.7 MMscf/d) and flowing wellhead absolute pressures of 170 bar (2465
psia) on a 36/64" choke. Measurements made during tests combining flow from both the Rotliegend and
Hardenberg formations, indicated that the Rotliegend formation alone is capable of flowing at over 260,000
m/d (9.6 mmscf/d).

This highly successful five well programme of hydraulic fracturing of reservoirs carried out at Brakel,
Wijk en Aalburg, Ottoland, Grolloo and Geesbrug over the last ten months is now concluded. Construction
activities for short pipelines have commenced for the tie in for production of the Geesbrug and Grolloo
fields.

These results also have much relevance to the Tiendeveen prospect currently drilling 3.8 kms northwest of
Geesbrug targeting the same formation.

"The results of hydraulic fracturing have already exceeded even our upside expectations. Even with the
upcoming tests results of Rotliegend still to be analysed, shareholders and the Northern team should relish
bringing the Grolloo and Geesbrug fields on production providing a strong revenue stream." said Derek
Musgrove, Managing Director of Northern.

NPN maintains a 45% licence and working interest, with EBN and Dyas respectively holding 40% and 15%.
In accordance with the AIM Rules - Guidance for Mining and Oil & Gas Companies, the information contained
in this announcement has been reviewed and signed off by the Exploration and Technical Director of Northern
Petroleum Plc, Mr Graham Heard CGeol FGS, who has over 35 years experience as a petroleum geologist.

---ENDS---

For further information please contact:

Northern Petroleum Plc Tel: +44 (0) 20 7469 2900
Derek Musgrove, Managing Director
Chris Foss, Finance Director
Graham Heard, Exploration & Technical Director
Sophie Hull, Head of Corporate Communications

Jefferies International Tel: +44 (0) 20 7029 8000
Chris Snoxall / Schuyler Evans

Astaire Securities Tel: +44 (0) 20 7448 4400
Jerry Keen / Toby Gibbs

Bishopsgate Communications (Press) Tel: +44 (0) 20 7562 3350
Nick Rome / Michael Kinirons

Buchanan Communications (Analysts) Tel: +44 (0) 20 7466 5000
Tim Thompson / Ben Romney


Notes to Editors:

Northern is an AIM quoted oil and gas production, development, exploration and asset trading company
focused on petroleum producing areas of low political risk in Europe. The Company strategy is to obtain
significant and concentrated licence positions then add value at reasonable risk utilising new ideas
together with new drilling, seismic, completion, field development and computer technologies to establish
economic oil and gas production.

The Company's activities are concentrated in three countries (Netherlands, Italy and England) with the risk
spread over more than 50 projects in 12 petroleum systems. Following the recent acquisition of ATI Oil
Plc, Northern holds over 103 million barrels of reported Proven & Probable Reserves. It has interests in 4
producing fields, both onshore and offshore, one of which it manages.

The development of six onshore oil and gas fields is being progressed in The Netherlands under Northern
management (Northern Petroleum Nederland B.V.) with Dyas B.V., EBN, the Netherlands' state oil company, and
NAM.

Northern currently manages the largest licensed exploration area in Italy, over 15,000km, predominantly
offshore, but includes six onshore permits in the Po Valley gas and oil province in the north of the
country.

UK production comes from a 10% interest in the Horndean oil field and a 5% interest in the Avington oil
field, both in West Sussex and Hampshire respectively. It also has planning consents to drill in the near
future an eastward extension of the Horndean oil field and an exploration well at Havant. Northern has a
50% interest in these ventures.

For further information on Northern visit www.northpet.com.

great news today!

poor old hyleo been shorting around a quid, lol

DJ Northern Petroleum Discovers Gas At Tiendeveen-1 Well

LONDON (Dow Jones)--Northern Petroleum PLC(NOP.LN), said Thursday that gas has been discovered in the Tiendeveen -1 exploration well.

MAIN FACTS:

-The gas in the Permian Zechstein carbonates which had been identified as a secondary target in the well has been confirmed from wireline logs and drilling data.

-The Geesbrug gas field which Northern is developing nearby is also gas bearing in the same Zechstein reservoir.

-Northern will review both the Tiendeveen and Geesbrug data to assess the range of possible reserves, development options and synergies.

-No potential gas in place volumes were assigned to the Zechstein prior to drilling.

-The intermediate casing will now be run in the hole cemented and pressure tested before the drilling deeper to the primary reservoir targets located in the Permian Rotliegend sandstone and the Carboniferous Dalen and Hardenberg sandstones.

-The estimated mean potential gas in place for these reservoirs is 60 bcf with an upside P10 potential of 98 bcf.

-Once drilling has been completed further wireline logging will be undertaken on Tiendeveen to confirm the presence of hydrocarbons in the deeper primary targets.

-Partners in the well are Northern Petroleum Nederland B.V. (NPN is a wholly owned subsidiary of Northern) with 45%, EBN, the state oil company and Dyas B.V. with 40% and 15% respectively.

-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com

(END) Dow Jones Newswires

October 08, 2009 06:05 ET (10:05 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.

nd October 2009
Analyst: Thomas Jones
thomas.jones@t1ps.com
020 7562 3371

Northern =2 0 Petroleum* Interim Results Reconfirm Portfolio Wide Progress. Buy with Target Price of 334p.


Key Data


EPIC

NOP
=0 A


Share Price

133.75p


Spread

131p 136.5p


Total no of shares

78,885,326


Market Cap

105.5 million


12 Month Range

53p 141p

Net Cash

28 million (est)

NMS

15,000

Market

AIM

Website

www.northpet.com

Sector

Oil & Gas Producer

Contact

Derek Musgrove, Managing Director, Tel: 020 7743 6080
On the 30th of September, Northern Petroleum released its results for the 6 months to 30th June 2009, with a strong balance sheet backed by operational success across its portfolio the highlights. 20Northern maintains a very positive outlook, with 2013 net production targeted at 6,000 boepd (barrels of oil equivalent per day) as the company looks to complement major development in both Italy and the Netherlands with a material contribution from the UK.
The June 2009 acquisition of the remaining 63% not owned by Northern of ATI Oil Plc, increased Northerns attributable probable oil resources in Italy from 26.61 MMbbl (million barrels of oil) to 53.22 MMbbl and total proven & probable oil equivalent reserves to 103 million barrels. The acquisition made operational and financial sense as it brought all decision making on its previous ATI-Northern JV in-house and avoided the prospect of ATI not being able to fund its development obligations.
The farm-out of six Sicily channel licences to Shell Italia E&P Spa was initiated in January 2009 with Shell paying 1.9 million in back-costs and assuming operational responsibility once the initi al seismic phase is complete and drilling begins. This seismic phase was completed in March 2009 with 2,463 kilometres of data acquired across the 6 licences. With Shell now funding this development, Northern is able to maintain momentum while directing its focus elsewhere.
Part of this focus found a home in the Netherlands with the companys fracturing programme achieving better than expected results, propelling the Grolloo and Geesbrug gas fields to a position of being production ready before the end of this year, and Brakel and Wijk en Aalburg to a similar position in early 2010. Grolloo and Geesbrug are in the process of being tied into their nearby processing facility, while two processing plants are being manufactured in Canada for Brakel and Wijk. Attention will then return to the Ottoland and Papekop oil fields before further drilling is planned at Utrecht.
Back to Italy and Northern was awarded 5 more offshore licences to take its licence holding in th e country to 15,000 square kilometres and, with more applications having been submitted, Northerns acreage is set to grow. This, along with a constructive response from stakeholders in the UK, where production continues at Horndean, and Markwells Wood and Havant are set to be drilled in 2010, means the company is keeping its pipeline full despite the glut of near production licences coming on stream.
Finally Tullow Oil Plc, operator of Northerns 1.25% owned offshore licence in Guyane, is in the process of acquiring 3D seismic data which should reveal drilling targets for follow up work in the hope of replicating Tullows recent success in Ghana and Sierra Leone.
Financially, Northerns revenue remained stable at 2.8 million (2.9 million in the 6 months to 30th June 2008), with a higher average gas price of 42.63 per boe (40.66 in 2008), enough to all but offset the lower average oil price of 48.07 per boe (103 .94 in 2008) and lower production of 61,000 boe (65,000 boe in 2008). A 92% decline in foreign exchange gains (0.15 million vs 1.97 million in 2008) saw the groups pre tax position turn negative with a loss of 0.53 million in the 6 months to 30th June 2009 compared to a profit of 1.68 million in 2008. Consequently, the loss per share was 0.1 Euro cents, down from an earnings per share result of 2.1 Euro cents in 2008. Northern remained debt free and, despite capital expenditure of 10 million in the first half of 2009, retained a net cash position of 27.9 million at the balance sheet date, just below the equivalent figure at 30th June 2008 of 31.4 million.
Having increased our valuation of Northern earlier this year on the back of the ATI transaction, we maintain our target price at 334p for now, but with more licence applications outstanding and exploration happening across its portfolio, there is plenty of upside for new investors. With the company having entered =0 A the FTSE AIM UK50 index on the 11th of August 2009, we reiterate our buy recommendation with 334p target price.




Forecast Table
Year to 31st Dec

Sales ( Million)

Pre-tax Profit ( Million)

Earnings Per Share (cents)

Price Earnings Ratio

Dividends Per Share (p)

Dividend Yield (%)
2007A

5.9

30.1

29.7

5.0

0

0.0
2008A^

7.0

11.6

14.1

10.4

0

0.0
2009E

12.0

6.0

5.4

27.2

0

0.0
2010E

20.0

12.0

11.0

13.4

0

0.0
includes Dyas transaction (Strategic Alliance Agreement)
^Includes sale of Waalwijk underground gas storage ("UGS") projects

Is it me? Can't see sense in the data given above, when I can read it correctly formatted from their Website/RNS.

FWIW, NOP looks to be a sensible player coming good. - - - - and - - - I'm in profit, =Gooddy!

Why peeps don't preview post's and edit the bits that don't work, plus close up all the spaces... I'll never know.

Balerboy, agreed.
- Can I ask if under "Director Deals" you find this site's text rather small? . . . for me, it is small, to the point where it's unreadable....

. . . =Shame, as it's potentially useful data . . . .

New article, click HERE

Hangon, am very sorry i didn't reply to last post, must of missed it as this is the first i've seen of it. No offence meant. BB