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Completion of the sale of the UK assets

20th Oct 2014 07:00

RNS Number : 6846U
Northern Petroleum PLC
20 October 2014
 



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

 

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