Northern Petroleum has been awarded two permits in Italy. One permit, Cascina Alberto, is onshore in the Po Valley and the other, C.R149.NP, is offshore in the Sicily Channel adjacent to the Northern Petroleum operated permit C.R146.NP.
The Cascina Alberto permit area was formally held in the late 1990s by Eni S.p.A (Eni) as permit Fiume Sesia and was the subject of a farm in by Enterprise Oil for the Gattinara prospect in 2000. The prospect was interpreted as having similarities in structure to the Villafortuna-Trecate oil field, which is located 25 km to the southeast. The Company will re-evaluate the potential of the Gattinara prospect and will seek a partner to join in the exploration of the permit to progress the prospect for drilling.