🕐05.06.13 - 09:27 Uhr

NORTH AMERICAN PETROLEUM: DRILLING COMMENCES AT 2 WELLS IN MISSISSIPPI LIME, OK
LAHOMA INCLUDING WELL WITH LARGEST INTEREST TO DATE



North American Petroleum Plc/ Index: ISDX / Epic: NAPP / Sector: Oil & Gas 5 June 2013 North American Petroleum Plc (NAP or the Company) Update on Operations in Mississippi Lime Formation, Oklahoma North American Petroleum Plc, a company focussed on developing its interests in proven US onshore oil and gas formations, is pleased to provide an update on its operations in the proven Mississippi Lime formation, Oklahoma.

This is in line with the Companys strategy to build net production and reserves by acquiring and developing leases in liquids rich hydrocarbon plays. Existing Well Updates The Company has been informed by the relevant operator of a change in status in the following wells in which it is participating: Well Formation Status NRI % NAPs NRI (BIAPO*) Operator
Blaser 1-10 Mississippi Lime, Oklahoma Drilling 2.8125% 2.11% Cummings Oil Company JKL 1-08HM Mississippi Lime Oklahoma Drilling 0.348% 0.261% Devon Energy *Back in after Pay Out - upon pay-out (i.e.

when drilling costs have been recovered) 25% of NAPs NRI will be reassigned (Back-in) to the farmor North Americans Managing Director Stefan Olivier said, "Out of a total of thirteen wells in which NAP holds an interest alongside established operators such as Devon Energy in proven US onshore formations, seven are currently producing, three are now drilling and the remaining three are waiting to spud.

We continue to have access to and evaluate new drilling opportunities and, as a result, we expect to announce NAPs participation in new wells in due course, as we look to grow our well bank and deliver on our objective to rapidly build net production and reserves." **ENDS** For further information and the full Admission document visit www.napetroleum.com or contact the following: Stefan Olivier David Coffman North American Petroleum Plc Keith, Bayley, Rogers & Co. +44 (0) 7595 779520 +44 (0) 203 100 8125 Frank Buhagiar St Brides Media and Finance Ltd +44 (0) 20 7236 1177 Lottie Brocklehurst St Brides Media and Finance Ltd +44 (0) 20 7236 1177
Notes North American Petroleum Plc acquires leases in producing onshore US formations such as the Mississippi Lime, Oklahoma, where the application of new techniques and technologies such as horizontal drilling and fracture stimulation can dramatically improve recovery rates.

Revenues generated out of production are reinvested into both new wells and into the acquisition of additional leases to build a portfolio of producing and undeveloped assets focussed on lower risk oil rich plays.

To date, NAP has acquired 416 net mineral acres in the liquids rich Mississippi Lime play and has interests in seven producing wells and a further six either drilling or waiting to spud.
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