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Northern Petroleum commences Netherlands drilling program


Published Apr 22, 2009
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Northern Petroleum signs agreements with Dyas B.V.-Spotlight

Northern's wholly owned subsidiary Northern Petroleum Nederland B.V (NPN) has commenced drilling operations on the exploration well Nieuwendijk-1 in the Andel III licence at 2300 on 20 April 2009 using a newly fabricated rig owned and operated by the Northern Dutch Drilling Company located in Drachten, The Netherlands.

The prospect is close to the Ottoland field. It has a mean estimated size of 56 million barrels of oil in place. Upon completion the activities will move to the Tiendeveen site in the Drenthe III licence in the east of The Netherlands.

Licence and working interests:

NPN: 45% EBN: 40% Dyas: B.V. 15%

Post drilling NPN’s interests in the Nieuwendijk and Tiendeveen wells will be 22.5%.

Tags: Northern Petroleum




   

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