20th Oct 2014 07:00
Northern Petroleum Plc
("Northern Petroleum")
Completion of the sale of the UK assets
Northern Petroleum, the AIM quoted oil company focusing on production led growth, announces that the previously announced sale of the UK assets for £1.5 million has now completed. The consideration was settled entirely in cash.
-Ends-
For further information please contact:
Northern Petroleum Plc Tel: +44 (0)20 7469 2900
Keith Bush, Chief Executive Officer
Nick Morgan, Finance Director
Westhouse Securities Limited (Nomad and Joint Broker) Tel: +44 (0)20 7601 6100
Alastair Stratton
Robert Finlay
FirstEnergy Capital LLP (Joint Broker) Tel: +44 (0)20 7448 0200
Jonathan Wright
Camarco Tel: +44 (0)20 3757 4980
Billy Clegg
Georgia Mann
Note to Editors:
Northern Petroleum is an oil and gas company focused on production led growth. The Company is undertaking a redevelopment and production project in north west Alberta and has a broader portfolio of exploration and appraisal opportunities in countries of relatively low political risk, primarily Italy. Comprehensive information on Northern Petroleum and its oil and gas operations, including press releases, annual reports and interim reports are available from Northern Petroleum's website: www.northernpetroleum.com
Related Shares:
Cabot Energy