Northern Petroleum - Tiendeveen-1 Exploration Well Prepared For Testing
11-01-2010

Northern and its partners** announces that the Tiendeveen -1 exploration well has finished drilling and the completion string has been run in order to allow for future perforating, hydraulic fracturing and testing. 

Additional time was required to overcome difficulties of squeezing salt, as well as a swelling clay section requiring the running of an extra casing interval. Weather conditions have also been extreme. Following further detailed analysis NPN* will be preparing and designing a testing and frac programme for those intervals interpreted as gas bearing.

“Tiendeveen is situated in the east of the Netherlands and is 3.8km from our Geesbrug gas field and pipeline on the Drenthe III licence. If testing is successful Tiendeveen will be adding to our reserves and production from the Grolloo and Geesbrug fields. This clearly demonstrates the potential this region has to offer. With approximately 50% of Dutch daily energy needs being provided by natural gas, strong demand can be expected to continue” commented Derek Musgrove, Managing Director, Northern Plc.

** Partners in the well are Northern Petroleum Nederland B.V. with 45%, EBN, the state oil company and Dyas B.V. with 40% and 15% respectively.  

* Northern Petroleum Nederland B.V. (NPN) is Northern’s wholly owned subsidiary management company developing onshore oil and gas fields in The Netherlands. 
In accordance with the AIM Rules – Guidance for Mining and Oil & Gas Companies, the information contained in this announcement has been reviewed and signed off by the Exploration and Technical Director of Northern Petroleum Plc, Mr Graham Heard CGeol FGS, who has over 35 years experience as a petroleum geologist.

ENDS

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Bishopsgate Communications
Nick Rome
 

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