Northern Petroleum upgrades Adriatic Sea prospect potential

Northern Petroleum has announced a significant upgrade of six of its drilling prospects in the Adriatic Sea.

Offshore staff

LONDON -- Northern Petroleum has announced a significant upgrade of six of its drilling prospects in the Adriatic Sea.

The combined potential of the company's prospects has increased from 2.29 Bbbl of oil in place at a P50 probability to a potential of 6.03 Bbbl at a P10 probability. Northern has a 100% interest in each licence. All the prospects are within licences F.R39.NP and F.R40.NP.

03/10/2008

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