Northern Petroleum is pleased to announce that it has received unanimous planning approval to drill the Havant-1 exploration well in the Hampshire sector of the Weald Basin onshore UK.
The site is next to the A3(M) and has been chosen for its minimal environmental impact. Northern is particularly conscious of its commitments to be a good neighbor to the local community and is committed to health and safety and the environment. All operations will be conducted with those desires in mind.
Weald Basin - Future Drilling Plans
Concerted efforts were applied over a period of more than two years to plan and to secure the relevant planning approvals necessary to drill the Markwells Wood prospect in PEDL 126 (50% Northern). During this process Northern hosted open local consultation meetings. The well will evaluate an eastward extension of the Horndean field (10% Northern) and has been estimated to contain 27.5 million barrels of oil in place.
Northern has also mapped an attractive prospect overlapping both PEDL 099 and PEDL 155 to the south of the Horndean field and is in advanced negotiations with a local landowner to lease a site suitable for drilling. Northern expects to file a planning application in the second half of 2008.
During 2007 Northern completed the reprocessing of seismic data over the Hedge End oil field discovery. These data demonstrate greatly improved imaging of the structure facilitating the identification of subsurface targets. Work is progressing to identify a suitable site from which drilling operations can take place taking all community and environmental matters into consideration. As always Northern will work in close cooperation and consultation with local community representatives, Planning Officers and Environmental Officers.
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