Table of Contents
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 6
1.2
List of Figures 7
2 Company Snapshot 8
2.1 Key Information 8
2.2
Company Overview 8
2.3 Financial Performance 8
2.4 Industry Outlook --
Production & Exploration 8
3 Northern Petroleum Plc , Crude Oil
Forecasts, 2000-2012 10
3.1 Northern Petroleum Plc , Crude Oil Forecasts,
By Fields 10
3.2 Northern Petroleum Plc , Gross Revenue Forecasts, By
Fields 11
3.3 Northern Petroleum Plc , Total Government Take Forecasts,
By Fields 12
3.4 Northern Petroleum Plc , Contractor Take Forecasts, By
Fields 13
4 Northern Petroleum Plc , Exploration and Production Summary
14
4.1 Northern Petroleum Plc , Active Exploration Blocks, by Country,
2000-2007 14
4.2 Northern Petroleum Plc, Crude Oil Production, by Country
15
4.3 Northern Petroleum Plc, Natural Gas Production, by Country 16
5
Northern Petroleum Plc, Crude Oil and Natural Gas Production By Fields 17
5.1 Northern Petroleum Plc, Crude Oil Production 17
5.1.1 Northern
Petroleum Plc, Crude Oil Production in Montana, By Fields 17
5.1.2
Northern Petroleum Plc, Crude Oil Production in Spain, By Fields 17
5.2
Northern Petroleum Plc, Natural Gas Production 18
5.2.1 Northern Petroleum
Plc, Natural Gas Production in Montana, By Fields 18
5.2.2 Northern
Petroleum Plc, Natural Gas Production in Netherlands, By Fields 18
6
Business Description 19
6.1 Business Overview 19
6.2 Major Products
and Services 20
6.2.1 Overview 20
7 SWOT Analysis 21
7.1 Overview
21
7.2 Northern Petroleum Plc Strengths 21
7.2.1 Presence in
Netherlands 21
7.2.2 Licenses in Italy 22
7.3 Northern Petroleum Plc
Weaknesses 22
7.3.1 Rising Costs 22
7.3.2 Technology Requirements
22
7.4 Northern Petroleum Plc Opportunities 23
7.4.1 Acquisitions and
Projects 23
7.4.2 Economical Production 23
7.4.3 Favorable Policies
23
7.5 Northern Petroleum Plc Threats 23
7.5.1 Depleting Region 23
7.5.2 Legal Hurdles 24
8 Competitors 25
9 Key Employees 26
10 Key
Employee Biographies 27
11 Company Statement 29
12 Locations And
Subsidiaries 33
12.1 Head Office 33
13 Financial Deals Landscape
34
13.1 Asset Purchase 34
13.1.1 Northern Petroleum Sells 25% Of Six
Oil And Gas Discoveries And Three Exploration Wells To Dyas 34
13.1.2
Northern Petroleum Acquires 1.25% Interest In Guyane Permit From Northpet
Investments 36
13.1.3 Northern Petroleum (GB) acquires minority interest
in exploration licenses onshore United Kingdom from Magellan Petroleum 38
13.1.4 Northern Petroleum To Acquire Gas Producing And Storage Project
Interests From Wintershall 40
13.2 IPO 42
13.2.1 Northern Petroleum
Completes Private Placement 42
13.2.2 Northern Petroleum Completes Private
Placement Of $5.79 Million 43
14 Recent Developments 45
14.1 License
Awards 45
14.1.1 Jun 02, 2008: Magellan Wins Seven Exploration Licenses
Under UK' s New Licensing Round 45
14.1.2 May 29, 2008: Providence Wins New
Exploration Block In UK' s New Licensing Round 46
14.1.3 May 28, 2008:
EnCore Wins PEDL240 License In UK Licensing Round 46
14.1.4 May 14, 2008:
NOP Gets Planning Approval To Drill Extension Of Oil Field 47
14.1.5 Jan
29, 2008: NOP Wins Offshore Italian License d60F.R-.NP 48
14.1.6 Jun 25,
2007: NOP Gets Two Offshore Licences With Three Oil Discoveries 49
14.1.7
Apr 30, 2007: NOP' s Dutch Subsidiary Gets Utrecht Exploration Licence 50
14.2 Drilling and Production Updates 51
14.2.1 Mar 10, 2008: NOP Provides
Resource Upgrade Of Its Drilling Prospects In Adriatic Sea 51
14.2.2 Jul
26, 2007: NOP Updates On Ottoland-1 Testing At Netherlands 52
14.2.3 Jul
11, 2007: NOP Updates On Oil Flow Testing At Ottoland-1 53
14.2.4 Jul 03,
2007: NOP Updates On Ottoland Well OTL-1ST2 54
14.2.5 Jun 20, 2007: NOP
Completes Drilling At Ottoland-1ST2 Well 54
14.2.6 Apr 26, 2007: NOP' s
Dutch Subsidiary Re-enters Ottoland-1 To Drill Sidetrack 55
14.3 Financial
Announcements 56
14.3.1 May 12, 2008: NOP Declares 2007 Results 56
14.3.2 Sep 27, 2007: NOP Declares H1 2007 Results 58
14.3.3 Jun 19, 2007:
NOP Declares 2005 Results 60
14.3.4 May 16, 2007: NOP Declares 2006
Results 61
14.4 Other Significant Developments 63
14.4.1 Jun 16, 2008:
NOP Appoints Chief Executive 63
14.4.2 May 08, 2007: NOP Appoints New
Director To Board 63
14.4.3 Apr 30, 2007: NOP' s Dutch Subsidiary Gets
Utrecht Exploration Licence 64
14.4.4 Mar 27, 2007: NOP To Acquire
Interest In Waalwijk Production Licence 65
14.4.5 Jan 17, 2007: NOP Signs
Drilling Rig Contract 67
15 Appendix 69
15.1 Methodology 69
15.1.1
Coverage 69
15.1.2 Secondary Research 70
15.1.3 Primary Research
70
15.1.4 E&P Forecasts 71
15.1.5 Midstream Forecasts 73
15.1.6
Expert Panel Validation 74
15.2 Contact Us 74
15.3 About Global
Markets Direct 74
15.4 Disclaimer 74