Northern Petroleum Wraps Up Seismic Survey in 6 West Sicily Licenses

Northern Petroleum (UK) Limited completed its 2D seismic operations on Mar. 16 in six West Sicily offshore thrust belt licenses G.R17.NP, G.R18.NP, G.R19.NP, G.R20.NP, G.R21.NP and G.R22.NP. Seismic acquisition commenced on Feb. 13 and 2463 kms of data have been acquired in these licenses using the vessel 'BOS Angler' contracted from Bergen Oilfield Services.

This seismic acquisition in the West Sicily licenses was the first part of the work program being funded by Shell Italia E&P S.p.A under the farm-in arrangement announced in December 2008. The aim of the survey was to obtain a better definition of the substantial leads identified in the previous seismic campaign.

The vessel has now commenced operations on Northern's wholly owned permit C.R147.NP off Pantelleria Island in the Sicily channel. The planned 500 kms 2D seismic survey in this area is again aimed to improve delineation of several large prospects, each with potential for over 200mbls recoverable oil reserves. The survey is expected to finish later this month.