Weekly Drilling Report

31st Aug 2005 08:28

Wednesday 31 August 2005 Northern Petroleum Plc Weekly Drilling Report Sandhills-2 - Isle of Wight The Sandhills-2Z sidetrack well in PEDL 098 on the Isle of Wight has been builtto an angle of 64 degrees and is drilling ahead at 4341 feet at 0700hrs today.Licence: PEDL 098Location: Wessex Basin, Isle of WightRig: BDF Rig 28Participants in the Sandhills-2 well are:Northern Petroleum (GB) Limited: 57.5%Magellan Petroleum (NT) Pty Limited: 22.5%Oil Quest Resources Plc: 7.5%Black Rock Resources (UK) Limited : 5.0%Montrose Industries Limited: 5.0%Oil & Gas Investments Limited: 2.5%For further information please contactNorthern Petroleum PlcDerek MusgroveTel: 020 7743 6080orHansard CommunicationsBen SimonsTel: 020 7245 1100ENDNORTHERN PETROLEUM PLC

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