Northern Petroleum Plc London Stock Exchange Growth Company Investor Seminar 1st December 2009 Chris Foss, Finance Director
The Company Northern, an FTSE AIM UK 50 Index constituent, is an oil and gas production, development, exploration and asset trading company focused on petroleum producing areas of low political risk in Europe. The Company strategy…
Northerns Portfolio Netherlands: 5 onshore production licences United Kingdom: 1 offshore production licence 2 producing oil fields 3 onshore exploration licences 11 onshore exploration 2 gas fields in production licences 2P…
Where we are now E&P company focused on proven hydrocarbon systems in low political risk countries in Europe, namely the Netherlands, Italy and the UK Reserves growth over 5 years Now hold a total of over 50 licences and preliminary…
Financial Highlights Six months ended 30 June 2009 Six months ended 30 June 2008 EUR 000 (Unaudited) EUR 000 (Unaudited, Restated) Revenue 2,801 2,856 (Loss) / profit before tax (531) 1,680 (Loss) / profit for the period (73) 1,474…
Netherlands: Overview Producing fields: Waalwijk P12 Developments (2100 boepd increasing to 6000 boepd net by 2013) Grolloo Gas Geesbrug Gas Brakel Gas Wijk en Aalburg Gas Ottoland Oil & Gas Papekop Oil & Gas Exploration: 4 licences -…
Netherlands Pre Frac - Initial Forecast of Production Rates PRODUCTION FORECAST - 5 YEARS NET PRODUCTION 7,000 TOTAL DEVELOPMENTS 6,000 GAS DEVELOPMENTS OIL DEVELOPMENTS OIL EQUIVALENT PRODUCTION (boe/d) 5,000…
Netherlands Post Frac - Forecast of Production Rates
Italy: Overview Portfolio in excess of 15,000 km, equivalent to over 70 North Sea blocks 29 Permits and preliminary awards: - 6 onshore exploration permits - 23 offshore exploration permits Probable Reserves of 53.2 million bbl…
UK: Overview 10% interest in Horndean oil field and 5% interest in Avington oil field, both operated by Star Energy 3 wells planned, two appraisal (Markwells Wood & Hedge End), one exploration (Havant) P2 Reserves: 4.48 mmbbl…
Latest and Next Early 2010 large 3D seismic survey planned over joint licences with Shell Italia Two oil fields and four gas fields in development onshore The Netherlands, (45.5 million boe net P2 reserves) 10+ exploration,…
Partners The Netherlands Dyas Energie Beheer Nederland (EBN) Nederlandse Aardolie Maatschappij (NAM) Wintershall Noordzee Essent Gas Storage Star Energy (subsidiary of Petronas International) Italy Shell Italia E&P Guyane…
Well positioned to add shareholder value..... Highly successful fracturing programme Production at lower capital expenditure and demonstrated low operating costs Production strengthens balance sheet further Reinvesting in…
Northern Petroleum Plc Martin House 5 Martin Lane London EC4R 0DP www.northpet.com 020 7469 2900 14
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