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In: Tips
14 Jun 2011Northern Petroleum – Final results: Upgrade to Strong Buy at 80.25p with a 120p target price Northern Petroleum offers a healthy cash flow from oil and gas production in the Netherlands plus the blue sky potential of drilling offshore in Italy and has a strong net cash position. However, the shares have fallen sharply in […]
In: Tips
30 May 2011Northern Petroleum – Downward reserve estimate hits the share price: Buy at 72.5p with a 120p target price On Friday 27th May Northern Petroleum shocked the market with a downward revision of its reserves estimates in Holland and its 2011 output forecasts – however we believed that the market has over-reacted in a big way, […]
In: Tips
5 Jan 2011Northern Petroleum – Impressive news flow: Strong Buy at 128p with a revised 167p target price The recent months have been busy for Northern Petroleum and this is, at last, starting to be at least partially reflected in its share price. The company has a series of, potentially, half a billion plus barrel prospects to […]
In: Tips
28 Oct 2010Northern Petroleum (Northern) has a series of potential half a billion plus barrel prospects to explore off the coast of Italy; where success could be transformational for the Company. These exciting prospects lie within four core areas, one of which has already been snapped up by Shell, leaving three more core areas to trade. Northern […]
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