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NORTHERN PETROL ???? (NOP)     

LEEWINK - 12 Aug 2003 11:59

looks like its hit oil, don't know whats gonna happen, any idea's ???

Janus - 05 Jan 2004 12:14 - 9 of 567

New licences in Italy http://www.uk-wire.com/cgi-bin/articles/20040105115104PBED5.html

Janus - 11 Feb 2004 15:58 - 10 of 567

Nice rise today. Looks like patience is paying off

Rutherford - 20 Feb 2004 10:22 - 11 of 567

Avington 2 was originally flowing at 250 bbls. per day but after acidizing etc. it is now up to 750 bbls. Excellent potential this year with UK licenses plus possible russian settlement.

lyceeuk - 22 Feb 2004 09:29 - 12 of 567

rutherford. where did you get this flow rate figures from.thanks

Rutherford - 22 Feb 2004 22:39 - 13 of 567

Avington-2 flow rates can be found under www.egdon-resources.com and an update of progress. Should have put this originally, sorry.

Rutherford - 24 Feb 2004 21:39 - 14 of 567

Worth reading Black Rock Oil article in Oil Barrel. com

Rutherford - 25 Feb 2004 21:36 - 15 of 567

some old news but more exact and dated 18th Feb. 2004
www.iwcp.co.uk click news, news stories, type Northern Petroleum in search at bottom of page. Should be of interest to anyone involved with Northern

Janus - 01 Mar 2004 07:57 - 16 of 567

Black Rock Oil & Gas PLC
01 March 2004


Black Rock Oil & Gas Plc


1 March 2004

The Directors of Black Rock Oil & Gas PLC ('Black Rock' or 'the Company') are
pleased to announce that Northern Petroleum PLC ('Northern'), the operator of
its Isle of Wight project has today signed a contract for the provision of all
engineering, procurement and project management with Aberdeen Drilling
Management Limited for the drilling of the Sandhills 2 well.

The Joint Venture will now apply for planning consents for the operations in the
very near future and, providing there are no significant delays in the granting
of those planning permissions, we would hope to construct a site and move the
rig onto the Isle of Wight drilling sites in the near future.

Black Rock now looks forward to drilling a potentially low risk appraisal well
as soon as possible. The Company has a 5% free carried interest in the well
which will test a logged oil accumulation estimated by Northern, to have the
potential to contain 15.3 million barrels of recoverable oil.

Drilled in 1982, Sandhills 1, encountered oil in the Jurassic Great Oolite
reservoir rocks. The well was not tested.

Re-examination of the Sandhills 1 well which contained oil shows, and with the
benefit of knowledge gained since it was drilled and utilising newer technical
capabilities has established logged oil reserves on the Isle of Wight. Using a
20% recovery factor, these are calculated at 9.7 million barrels recoverable in
the probable category and increased to 15.3 million barrels if the possible
category of potential reserves is included.


For further information please contact:

Ivan Burgess
Black Rock Oil & Gas Plc
Tel: +61 89 481 2407
Mob: 0423 881 507

David Steinepreis

Tel: +61 89 481 2407
http://www.uk-wire.com/cgi-bin/articles/200403010700089402V.html

sharehappy - 07 Mar 2004 10:57 - 17 of 567

Brought this back to the top as there seems to be a lack of interest and it is doing so well at the moment.

Taken from a post on ADVFN - It all sounds promising!

London (Platts)-5Mar2004/803 am EST/1303 GMT UK exploration minnow Northern Petroleum saw its shares soar by up to 28% in London Friday to an all-time record high after a newspaper reported Northern and its partners will resume drilling on a UK onshore oil prospect soon. In a news brief entitled "Rumour of the Day", The Times newspaper said Northern will next week resume drilling on the Avington oilfield in Hampshire where operators Pentex Oil announced a find of up to 100-mil bbl last August. Northern holds a 5% stake in the license area. Northern's shares, listed on London's Alternative Ivemetn Market, jumped by up to 2.25 pence, or 28%, to 10.25 pence. "We have no hidden news, our intentions are clear and we are getting on with the job," said Northern MD Derek Musgrove confirming the facts of the report. "People are buying on our stock in some volume but I don't know why, we have a dozen other prospects which are more attractive."

sharehappy - 19 Mar 2004 09:55 - 18 of 567

Embargoed: 0700hrs 19 March 2004

Northern Petroleum Plc

(the "Company")

New Licence Awarded in ItalyNorthern Petroleum Plc is
delighted to announce that its seventy per cent owned
subsidiary, Northern Petroleum (UK) Limited ("Northern"), has been awarded a
further exploration licence in the Po Basin of Italy subject to a satisfactory
environmental impact study.

The Longastrino license is situated in the eastern region of the Po Basin, in
an area of major producing gas fields and adjacent to the Agosto gas field
where gas was discovered in 2002 and a development concession has now been
applied for.

In addition to this, further developments have occurred in the region.
Northern's Savio licence in the Po Basin has now been decreed to the Company
following an accepted environmental impact study and, at Cerasa, the regional
authority has advised the Company that it has waived its requirement for an
environmental impact study prior to the final decree.

The Company has built a substantial presence in Italy with four permits
(awarded or pre-awarded) in the Po Basin and three offshore permits (two off
Sicily and one in the Tiber Delta) with a further four under application.
Northern holds a 100 per cent interest in each licence (save a 33.34 per cent
interest in the Tiber Delta licence) as well as holding Operator status.Managing
Director, Derek Musgrove, commented,

"These recent developments in relation to our Italian prospects are excellent
news for the Company. The Company has now established a serious position in
Italy."

-ends-

For further information please contact,

Derek Musgrove, Managing Director

Northern Petroleum Plc, tel. 020 7743 6080.

Chris Roberts / Ben Simons

Hansard Communications, tel. 020 7245 1100

ITALIAN LICENCES AND APPLICATIONS OPERATED BY NORTHERN PETROLEUM (UK) LIMITED

LICENCEPERCENTAGE OWNED

PO VALLEY

Savio100%

Cerasa 100%

Longastrino100%

Nibbia 100%

OFFSHORE SICILYd18G.R.-NP 100%

d19G.R.-NP100%

d20G.R.-NP 100%

SICILY CHANNELd343C.R.-NP 100%

d344C.R.-NP 100%d347C.R.-NP
100%

TIBER DELTAd92E.R.-NP 33.34%



END

sharehappy - 19 Mar 2004 19:00 - 19 of 567

Am I really the only person on this board that owns/interested in this share? The above is good news isn't it or am I missing something?

sharehappy - 24 Mar 2004 11:39 - 20 of 567

RNS Number:8485W
Hereward Ventures PLC
24 March 2004
24 March 2004

Hereward Ventures plc

Acquisition of Interest in High Potential Onshore Hydrocarbon Licence in
Southern England

The Directors of Hereward Ventures plc ("Hereward" or "the Company") are pleased
to announce that it has entered into a farm-in agreement with Northern Petroleum
(GB) Limited ("Northern"), a wholly owned subsidiary of Northern Petroleum PLC,to
acquire a 10 per cent. legal and beneficial interest in the onshore oil and
gas exploration licence PEDL 089 Area (A) ("the Licence") covering parts of
Hampshire and the Isle of Wight.

The interest in the Licence will be earned by Hereward through the payment of 30
per cent. of all costs as incurred by Northern to the completion of an earn-in
well. In addition, a payment of #45,000 to Northern will be made as a
contribution to past expenses which have been incurred in well log analysis,seismic
interpretation and the mapping of prospects.

Northern have spent considerable time evaluating this project and have
identified a large Triassic Sherwood Sandstone Formation prospect, structurally
similar and less than 20 miles east of theprolific reservoir at the BP operated
Wytch Farm oilfield.

In addition, a significant prospect in the Jurassic Great Oolite Formation has
been defined which will be drilled and tested by the same well.

The prospects identified on the Licence liewithin the Wessex Basin, a large
geological feature covering most of southern England and extending offshore into
the English Channel. The basin consists essentially of two main structural
units. To the east is the inverted Weald Basin in which thepetroleum system has
resulted in successful producing wells at Humbly Grove, Horndean, Baxters Copse
and Stockbridge. To the south and west, the main part of the basin contains the
largest onshore oilfield in Europe, Wytch Farm, with a recoverablereserve of
approximately 500 million barrels.

The structural and reservoir objectives on the Licence are the same as those at
Wytch Farm and the Weald Basin.

A map of the licenced area is available on the Company website, www.hereward.com
or byapplication to the Company.

David Bramhill, Managing Director of Hereward, said today:

"We are delighted to be able to participate in this high potential project.
This acquisition expands considerably our portfolio of onshore hydrocarbon
interests in the south of England. It is our intention to make further
oil-related acquisitions in the near future."

Enquiries:

David Bramhill
Hereward Ventures plc
+44 (0) 117 957 3666
+44 (0) 7801 540 358

Laurence Read / Leesa Peters
ConduitPR
+44 (0) 20 7936 9095
+44 (0) 7979 955 923
laurence@conduitpr.com

Tim Feather / Bill Staple
Westhouse Securities LLP
+44 (0)20 7601 6101
tim.feather@westhousesecurities.com

Please note: more background information on Hereward Ventures plccan be
obtained by visiting www.hereward.com


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

sharehappy - 24 Mar 2004 11:40 - 21 of 567

Embargoed: 0700hrs 24 March 2004
Northern Petroleum Plc

("Northern")

Farm-out AgreementNorthern Petroleum is pleased to
announce that its wholly owned subsidiary,
Northern Petroleum (GB) Limited, has entered into an agreement whereby Hereward
Ventures plc ("Hereward") will acquire a ten per cent. interest in the onshore
oil and gas exploration licence PEDL 089 Area (A) covering parts of Hampshire
and the Isle of Wight.

The interest in the licence by Hereward will be earned by the payment of thirty
per cent. of all costs as incurred by Northern to the completion of an earn-in
well. In addition, a payment of ?45,000 to Northern will be made as a
contribution to past expenses which have been invested in well log analysis,
seismic interpretation and mapping of prospects.

Northern has identified prospects in both the Triassic Sherwood Sandstone
formation and Jurassic Great Oolite formation, which will be drilled and tested
in one well.

Derek Musgrove, Managing Director, commented,

"We are delighted that Hereward Ventures Plc has identified the strong
potential that lies in this onshore licence in the south of England and, in
doing so, endorses Northern's analysis and interpretation of the potential of
this licence."

-Ends-

in_2_art - 24 Mar 2004 14:18 - 22 of 567

sharehappy
at the mo. it looks like you are the ONE, but i'm hoping my gold shares take off in the next 30-40 day, which will allow me to get into this share. I notice that CMR NOP and HEV seem to be all linked, its hard to choose a bad one from anyone of these... heres hoping for good news in the summer (I.O.W.)
good luck in your holdings, I spend most of my time over on advfn.com. you might find more interest over there
:o)

sharehappy - 24 Mar 2004 14:45 - 23 of 567

Fingers crossed that your gold shares take off. Cheers, will probably see you over on advfn.

SH

Janus - 06 Apr 2004 15:37 - 24 of 567

Taken from the other place

Here's Avington 3 and 4 PERMISSION GRANTED

Agenda for the Itchen Valley Parish Council Meeting held on

4 March 2004 at Martyr Worthy Village Hall

8. Planning Decisions

W17981/01 Pentex Oil, Temple Copse, Matterley Farm, Alresford Road. Temporary permission to drill 2 additional, directional exploratory/appraisal wells including the testing, along with the continued testing of Avington B(2) exploratory well at Avington exploration site, Matterley Farm. PERMISSION GRANTED

Janus - 16 Apr 2004 11:19 - 25 of 567

Buy Northern Petroleum (and look at Egdon, Hereward and Black Rock)
argues Stewart Dalby, editor of oilbarrel.com

Shares in London AIM listed junior oil and gas explorer Northern Petroleum have made ratchet-like progress in the last six months, creeping up and then falling back on a bit of profit taking. Still at 7.375p they are almost double what they were last September and look to have plenty of upside potential.

The company has acquired attractive licences in Italy and Denmark and some production in Spain. But the real interest is in the patchwork of assets chief executive Derek Musgrove and his small team have put together in southern England. The licences are mainly onshore and cover the Weald and Wessex basins, an area stretching from West Sussex through Hampshire to Dorset and taking in the Isle of Wight.

A while back, there was great interest in the south of England as an oil province. Wytch farm in the Wessex Basin close to Poole was at once time the largest onshore field in Western Europe with 450 million barrels of oil reserves. It is now mature, and running down, although still producing. There was an attraction in drilling in the south of England because the big boys like BP could offset costs against expenses offshore in the North Sea. Once this incentive was removed, however, exploration tended to dry up.

There was a renewal of interest last year with the success of the Avington 2 well near Winchester in Hampshire. The well, which was operated by Pentex and involved Egdon Resources and Northern, discovered 100 million barrels of oil in place. Not a lot of this was deemed recoverable, only perhaps 10 to 15%, but when you have no production, as was the case with Egdon, this is significant.

Northern - It Gets Better

Northern had 5%t of this well on licence area PEDL 070. Musgrove felt Northern should go for it in southern England and he decided that he would build up substantial stakes and become, where possible, the operator. He has involvement in 13 licences with stakes ranging from 10% to 80%. A three to four exploration and appraisal well programme is planned for this summer in various parts of the empire. But the focus is on licences PEDL 089, PEDL 99 and PEDL 113 on the Isle of Wight and its environs. Musgrove has convinced himself there could be some big oil to be found there.

In 1982 BG, which was then British Gas, found oil in the Jurassic Greater Oolite formation with its Sandhills-1 well on PEDL 113, east of Cowes on the Island. The well was never tested because at that time the Oolite was not considered to be a viable reservoir. It is a difficult limestone reservoir with uncertain recovery rates. However Northern has developed a new interpretation of the Oolite which it hopes will unlock the complex geology. Northern, which has 57.5% of the licence, plans Sandhills-2, an appraisal well, hopefully around June, subject to planning permission from the Isle of Wight Council.

It is thought there could be 49 million barrels of oil probable in place in the Greater Oolite formation with 76 million barrels possible. With recovery rates of 20% possible this could mean 15 million barrels of oil to share amongst the partners. But this is not all. One of the most recent pieces of Musgrove's jigsaw to fall into place, was when, in February this year, Northern exercised an option to buy from Wessex Exploration 80% and the operatorship of PEDL 089 in return for bearing the costs of drilling a well and a payment of 80,000 pounds in two tranches. As part of the deal Northern also gets 10% of PEDL 089b.

While a little bit of the PEDL 089 licence is on the Isle of Wight and is contiguous with PEDL113, PEDL 89a and PEDL 089b are on the mainland in Hampshire across the narrow stretch of water. Here Northern will, in time, be targeting not just the Greater Oolite but also the Triassic Sherwood Sandstone reservoir underneath. This formation has better recovery rates. Wytch Farm is a Sherwood Sandstone reservoir. It is just 20 miles from PEDL 089. In the entire structure there could be 300 million barrels of which 100 million barrels could be recoverable. This means around 57.5 million barrels to Northern. Valuing the oil in the ground conservatively at 1 pound a barrel, this gives a value of 21.6p a share for Northern, since after recently raising 3.15 million pounds through the issue of 52.5 million shares at 6p, the company has 266,000,000 shares or thereabouts in issue.

Northern has had one setback. The collapse in Ramco shares hit the company a little. The company was holding 294,000 shares. They were worth 1 million pounds at one point. Just 25,000 were sold at 396p a while back, but now they are down to 34p. However, after various capital raisings Northern has money in the bank to meet its drilling commitments.

Not Just About Northern

The prospect could be a company maker not just for Northern, but also for mining group Hereward Ventures and Australian London AIM listed Black Rock Oil & Gas. Hereward Ventures wanted to fast track some cash flow. Chief executive David Bramhill said: "It can take ages to bring a gold mine into production. But oil onshore can quickly be monetised."

Hereward Ventures bought a 5% stake in PEDL113 from Black Rock in return for carrying 10% of the costs of Sandhills-2. Recently, Hereward announced it had farmed in for 10% of Northern's interest in PEDL 089 area A. It is actively looking for further acquisitions in the area.

As for Black Rock, at one time it had several holdings in the south of England. But it divested most them and became what seemed like cash shell. Everyone seemed to forget the fact that even after the sale to Hereward it retained a 5% carried stake in PEDL113. Its shares doubled to1.6p on the realisation it retained this interest. But any success with the drill bit at all, could see the shares motor away.

Key Data

Northern (NOP)
Spread: 7-7.75p
Market Cap: 19.6 million pounds
NMS: 15,000
Market: AIM

Egdon (no EPIC)
Market: Ofex
Spread: 16-19p
Market Cap: 6.4 million pounds

Hereward Ventures (HEV)
Market: AIM
NMS: 3,000
Spread: 6.25-7p
Market Cap: 7.5 million pounds

Northern and Hereward will be exhibiting and presenting to 1500 investors tomorrow at the year's top investor show - Master Investor 2004 - in London.

chartist2004 - 16 Apr 2004 11:51 - 26 of 567

INVESCO investment Co bagges 9.2ml, many other punters buying this am.

S A W - 16 Apr 2004 12:40 - 27 of 567

ALSO RECOMMENDED BY MICHAEL WALTERS.

chartist2004 - 16 Apr 2004 14:40 - 28 of 567

Did'nt know that, but you still don't need to SHOUT;
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