NORTHERN PETROLEUM PLC: Notification of Shareholding

17 December 2012 


    
                            Northern Petroleum Plc
                         ("Northern" or "the Company")                         
                                                                               
                         Notification of Shareholding                          
    

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached: 
Northern Petroleum Plc 
2. Reason for the notification (please place an X inside the appropriate
bracket/s): 
An acquisition or disposal of voting rights: ( X ) 
An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (   
) 
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments: ( X ) 


    An event changing the breakdown of voting rights: (   )
    Other (please specify): (   )           
    3. Full name of person(s) subject to the notification obligation:

BlackRock, Inc.
    4. Full name of shareholder(s) (if different from 3.):


5. Date of the transaction (and date on which the threshold is crossed or
reached if different): 
13/12/2012 
6. Date on which issuer notified: 
14/12/2012 
7. Threshold(s) that is/are crossed or reached: 
Holding has gone below 5% 


    8. Notified details:

……………..
    
    A: Voting rights attached to shares


Class/type of shares if possible         Situation previous to the    
using the ISIN CODE                       Triggering transaction       


                                                                      
                                       Number of    Number of voting  


                                    shares           Rights       
GB00B0D47T64                                                           


                                       8,844,559        8,844,559     
                                                                      
                                                                      
                                                                      
    Resulting situation after the triggering transaction


Class/type of shares if possible using Number of    Number of voting  % of 
voting    
the ISIN CODE                          shares       rights            rights     


     
                                                                                
     


                                     Direct     Direct  Indirect  Direct 
Indirect 
                                                                             
 
GB00B0D47T64                           N/A           N/A       N/A     N/A   
Below 5% 


                                                                                
     
                                                                                
     
                                                                                
     
    B: Qualifying Financial Instruments
    Resulting situation after the triggering transaction


Type of      Expiration Exercise/      Number of voting rights that may be   % 
of    
financial    Date       Conversion     acquired if the instrument is         
voting  
instrument              Period/ Date   exercised/ converted                  
rights   


                                                                                
     
                                                                                
     
                                                                                
     
                                                                                
     
                                                                                
     
                                                                                
     


C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments 
Resulting situation after the triggering transaction 
Type of    Exercise Expiration Exercise/  Number of voting rights % of voting  
financial  price    date       Conversion instrument refers to    rights       
instrument                     period                                           


                                                                               
                                                                               
                                                                  Nominal Delta
                                                                               
                                                                               
                                                                               
    
    Total (A+B+C)

Number of voting       % of voting      
rights                 rights           


                                    
N/A                    Below 5%          


                                        
                                        
                                        


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: 
BlackRock Investment Management (UK) Limited - N/A (Below 5%) 
Proxy Voting: 
10. Name of the proxy holder: 
…………….. 
11. Number of voting rights proxy holder will cease to hold: 
…………….. 
12. Date on which proxy holder will cease to hold voting rights: 
…………….. 
13. Additional information: 
BlackRock Regulatory Threshold Reporting Team 
14. Contact name: 
Wayne Powell 


    15. Contact telephone number:

020 7743 2216
                                                                               
                                  ---ENDS---                                   
                                                                               

For further information please contact:
    Northern Petroleum Plc         Tel: +44 (0) 20 7469 2900


                                                    
Nick Morgan, Finance Director                            


                                                        
    Notes to Editors:


Northern is a full cycle oil and gas company currently holding over 40 licences
in a number of low risk areas and is continuing with its strategy of adding and
securing value for shareholders as it engages with projects at all stages of
the E&P value chain. 
Comprehensive information on Northern and its oil and gas operations, including
all press releases, annual reports and interim reports are available from
Northern's website:  www.northpet.com 
END 
-0- Dec/17/2012 11:00 GMT
 
 
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