Production
Following the sale of The Netherlands portfolio, Northern currently maintains a small level of production onshore in the south of England. Northern's interest in these licences are non-operated.
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Development
Northern's main development play is in north west Alberta, Canada, where near term drilling activity will test an oil field redevelopment opportunity that should provide the Company with a sustainable and growing source of production and cash flow.
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Appraisal
Recent subsurface work on the Giove oil discovery in the Italian Southern Adriatic has upgraded the size and potential of the field. Partners are being approached to drill an appraisal well. Appraisal of the complex Cingulata fan system in French Guiana remains a priority for the Joint Venture partners with multiple fan systems being mapped on the 3D seismic coverage.
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Exploration
The prospectivity of the Italian Southern Adriatic permits was enhanced following the release of data on Eni’s nearby Aquila oil field. A 3D seismic programme is planned for these permits. Drilling activity on offshore French Guiana has now completed. A thorough technical review has commenced on the PEL629 licence in South Australia’s Otway Basin - covering 5,800 km2 lightly explored shale oil prospectivity.
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Unconventional
Northern's 5,800 km2 South Australian Otway Basin licence has shale oil prospectivity identified with five exploration wells drilled. State of the art seismic reprocessing will be undertaken to evaluate the potential of this virtually unexplored unconventional shale sequences.
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