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

Looks like no one is really interested in this stock.

Anyone at all managed to get some stock before it went further up in later trades?

What do you professionals think of this stock??

New to this game any comments would be most welcomed.

Be carefull, might be some profit taking tommorrow, and there again it might take off again.

Todays news was very welcome. But NOP has lots of other fish to fry. Have a look at their website and you will see what I mean:

http://www.northpet.com/

The daddy of them all though is the russian holdings, if they get some compo out of lukoil, the price will go into orbit. the russian holdings have bin written down to 1 on the books, so it aint in the price.

good punt even at these levels imo. but there again i can afford to be blase' i'm up 50%.

Like most smallcap oilers, its not for widows and orphans.

Times

Smaller stock to watch: NORTHERN PETROLEUM (discovery of recoverable oil at the Avington-2 well in Hampshire)

News in today for BLR & NOP

Black Rock Oil & Gas PLC
27 October 2003


Black Rock Oil & Gas Plc

27 October 2003

FARM-OUT OF ONSHORE UK OIL EXPLORATION INTERESTS


Black Rock Oil & Gas plc ('Black Rock' or 'the Company') is pleased to announce
that it has entered into an agreement to farm out 5 per cent interests in the UK
onshore oil exploration licences PEDL 098, 099 and 113, located in southern
England to Hereward Ventures PLC ('Hereward'). Northern Petroleum (GB) Limited
is the operator of the licences.


The farm out is subject to receipt of the necessary approvals from the
Department of Trade and Industry. The interests in the three licences will be
earned by the contribution by Hereward of a 10 per cent share of future costs
which will include an appraisal well to test a logged oil accumulation which is
expected to be drilled on the Sandhills -2 prospect on PEDL 113 on the Isle of
Wight during 2004.


The licences cover most of the Isle of Wight and the area inland from
Portsmouth. Oil shows have been recorded in several previous wells of varying
vintages, including Arreton -2, Portsdown -1 and -2 and Potwell -1. Most
notable, however is the British Gas Sandhills-1 well, drilled in 1982, southwest
of Cowes, on the Isle of Wight. The target of this well was the Sherwood
sandstone of Triassic age, prolifically productive at Wytch Farm to the west, in
Dorset. Oil was present in the Greater Oolite reservoir formation (Jurassic),
but was untested as at that time the Oolite was not considered to be a viable
reservoir in this area.


Subsequent geological reassessment utilising modern technical capabilities,
armed with the experience from numerous oil discoveries in the Oolite, including
the recently announced discovery at Avington -2, has determined that the
Sandhills structure contains oil in place independently estimated at 49 million
barrels probable and 76 million barrels probable plus possible. This is a
potential of 15.2 million barrels of recoverable oil utilising a 20 per cent
recovery factor.

Buy Northern Petroleum

argues Tom Winnifrith editor of t1ps.com

I first tipped Northern on t1ps.com at 2.75p
around 23 months ago - today the stock trades at 4.875p but there is
still huge upside potential and the shares are a buy. At first I looked
like a bit of a Charlie because Northern's shares drifted steadily lower
bottoming out at 2p. The assets that I had identified had not gone away
it was just that the City had overlooked them and one quasi
institutional investor - a so called "shrewdie" was dumping stock. But
while opinions change, assets don't go away and Northern's (long
overdue) re-rating is now well and truly underway.

An Unfortunate Past

As with many small caps, Northern has in the past had an almost magical
attraction to banana skins - albeit not under the current management. It
had a dot com venture which proved a total write-off. And it poured 4
million into two Russian fields which have so far netted revenues not
dissimilar to those from its dotcom venture. However it is now both
profitable and asset rich. This is an asset play.

Assets

Following a recent placing at 4p with six very pukkha institutions (who
would not have touched this stock a year ago) the company has 213
million shares in issue. Its assets are as follows:

Cash: c4 million of which half came from this placing, a quarter from
previous fund raisings and a quarter from the disposal of a small stake
in the Seven Heads gas field offshore Eire to Ramco Energy.

Ramco Shares: Following the Seven Heads sale, Northern was left with
294,118 shares in Ramco. These can be sold a month after Seven heads
starts to produce and that should be soon. With Ramco trading at 342.5p
these shares are worth c1 million.

Russia: Northern has a 10.94% production interest in two fields - Tedin
and Rossikhin. Over the years it ploughed c4 million into these fields
which contain anywhere between 138 million and 192 million barrels and
are now producing. The trouble is that Lukoil refuses to recognise the
agreement and this being Russia that spells trouble. Lukoil claims
Northern's documents are worthless, Northern is suing for 29 million (
a conservative NAV for its interest). The Russian Court has postponed a
hearing until the Spring ( a good away draw - in my book) while an
English arbitration hearing is now looking at the matter. I don't reckon
Northern will get 29 million and it might get nothing. Or it might get
its costs plus interest (4 million) back. Take your pick - but its
upside potential.

Italy: Northern has a spattering of acreage and is working on obtaining
more. That would leave it with a critical mass of exploration operations
which it would fund by farm-outs or, I suspect, by spinning it off into
a separate (perhaps Ofex listed) entity which would allow Northern
(Italia) to develop its assets without draining Northern Petroleum's
cash but still would give Northern a big exposure to the upside. Italy
is no joke in hydrocarbon terms and Northern's assets could well be
worth up to 1 million.

Spain: In the first half of 2003 Northern Produced 28,000 barrels of
crude from its 45% owned Ayoluengo field. Northern has reworked this
field and is gradually stepping up output and cutting costs. It is
already profitable and cash generative. However Northern also has
exploration upside nearby (at Hontomin) where only a small discovery
could be profitable if it used the Ayoluengo processing facilities.
And Northern will also be drilling a deep well at Ayoluengo about which
CEO Derek Musgrove is terribly excited - viewing it as a potential
company maker. But there is no need to get carried away: on its own
Ayoluengo could generate $300-350,000 of cash per annum for Northern. So
it has to be worth close to 1 million on its own. If Northern can start
to process added output from Hontomin that just adds to the cashflow.
And meanwhile, even on a risk weighted basis the potentially vast deeper
gas play at Ayoluengo adds to the party. I do not regard it as imprudent
to value Spain at 2 million.


But the Gem is....


England: It may shock you but onshore England needs no sexing up when it
comes to oil exploration. The region (which after all is home to the
giant Wytch farm in Dorset) is buzzing and Northern holds extensive
acreage. The joy about this is if oil is discovered on one block, the
price which Northern can extract from potential farm-in partners on its
neighbouring acreage goes through the roof. Though Northern's acreage is
extensive they key plays are:


* Avington -2 - this is the find that recent hit the headlines as
Basingstoke became the new Dallas for a day. Northern has a 5% interest
in this acreage which contains anything between 10 million and 20
million barrels of recoverable oil. valuing this at a - very cautious -
1.50 a barrel in the ground Northern's stake is worth 750,000 to 1.5
million. Northern also has a 5% stake in the next door block PEDL 70 and
it is thought the find might extend into that block which would clearly
add value to Northern's position.

* Sandhills on the Isle of Wight (just across the sea from Wytch
farm). This is Northern's big hope - drilling starts in the spring. Old
data from British Gas suggests the field could contain between 3.9
million barrels and 6.2 million barrels net recoverable to Northern.
Even using the lower number and a 50% risk weighting, at 1.50 a barrel
this is worth 3 million. Musgrove would accuse me of undue caution.

* PEDL 125 and 126 - 500 square kilometres of West Sussex and
Hants. Again, old data from the seventies implies this could contain
recoverable reserves of 35-75 million barrels and Northern has a 50%
stake. But will the nimbies allow Musgrove to explore or extract? Is the
geology going to make this a very high cost operation? How reliable is
the data. I don't ascribe a telephone number valuation to this acreage
but it must have some value. And if Sandhills keeps the momentum going
from Avington-2 all of Southern England will be buzzing with companies
wishing to farm into the excitement. Ando who has most acreage in the
region?


The UK thus has a base value to Northern of perhaps 5 million but the
upside is huge - if the news from the IoW is positive that alone could
easily be worth 10 million or more. And the ripple effects on the rest
of the acreage would be dramatic.


Valuation


Using my base case valuations for each region and the financial assets
and allowing nothing for the value of Northern's quote, decent
shareholder list and historic tax losses I arrive at a valuation of 13
million (6.1p per share) plus Russia (take your pick on valuation and
divide by 213 million, the number of shares in issue). But on their own
that 13 million valuation could jump by 50% in day if there is success
on the Spanish gas play, a favourable Russian legal ruling, success on
the IoW or elsewhere in the UK. The worst case scenario for Northern is
25% upside on a one year view as the gradual re-rating continues. The
best case scenario could see this stock double or more.. Buy.

Key data

EPIC: NOP
NMS 10,000
Spread 4.5-5.25p
Market Cap 10.38 million

NOP is one of Tom Winnifrith's tipped stocks, and he frequently tips or mentions NOP in the media, so there will always be a few spurts as his followerrs buy in, after the MM's have conveniently increased the offer price of course!

The telegraph has also tipped NOP, some time ago.

Acquisition of Interest in Horndean Oil Field and Extension of an Option over
Licence PEDL 089 http://www.uk-wire.com/cgi-bin/articles/20031222070000PFB52.html

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

Nice rise today. Looks like patience is paying off

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.

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

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

Worth reading Black Rock Oil article in Oil Barrel. com

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

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

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."

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

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?

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

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-