Weekly Drilling Report

10th Aug 2005 08:39

Wednesday 10th August 2005 Northern Petroleum Plc Weekly Drilling Report Sandhills-2 - Isle of Wight The Sandhills-2 appraisal well in PEDL 098 on the Isle of Wight is at ameasured depth of 2750 feet at 07:00 hours today 10th August. Having set 9 5/8"casing to 2026 feet the well is drilling ahead in a 8 1/2" hole.Licence: PEDL 098Location: Wessex Basin, Isle of Wight.Rig: 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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