This survey was acquired on behalf of Northern by Seabird Exploration ME FZ LLC using the M/V Northern Explorer.
Derek Musgrove, Managing Director of Northern, commented:
"We are very pleased to have completed this survey ahead of schedule and anticipate that it will come in under budget.
"We would like to thank Seabird Exploration and the crew of the M/V Northern Explorer for their professionalism, which has been a major factor in the success of this survey.
"Early results look very promising and appear to confirm the predicted potential of these licenses. We will use these data to demonstrate the prospectivity of our permits at various UK and international industry prospect fairs in the next three months, with a view to farming out at an early date and with intent to drill in 2007 and 2008.
"The acquisition of these data now clearly demonstrates Northern's operational capabilities in Italy, and we would like to thank all the relevant government authorities for their co-operation and assistance in making this survey happen."
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