27 th march 2009 update from northern petroleum plc. CR147...

27 th march 2009 update from northern petroleum plc. CR147 permit knocks on ADX permit..northern pet announces that its wholly owned subsidiary has completed the infill seismic survey on licence CR147 offshore of the italian island of Pantelleria the potential of this licence is important to Northern and contains several large structures ,with potential for over 200mbls recoverable oil reserves;....all sounds familiar ADX have a drill ready prospect sambuca 1 ..the JV with PGS to do seismic on the other leads is seeing the plan all come together.. www.northpet.com is a interesting company to watch with a permits right next to ADX.. northern pet have a mkt cap of $113 mill aussie & they stress there italian holdings are very important for there future growth..ADX has a mkt cap of $12.4 mill aussie