🕐16.05.13 - 09:27 Uhr

NORTH AMERICAN PETROLEUM: INITIAL PRODUCTION RATES FOR 2 WELLS IN OKLAHOMA BRING
S TOTAL IN WHICH NAP HAS AN INTEREST IN TO 7



North American Petroleum Plc/ Index: ISDX / Epic: NAPP / Sector: Oil & Gas 16 May 2013 North American Petroleum Plc (NAP or the Company) Production Update 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 report initial production rates for two wells in the producing Mississippi Lime formation in Oklahoma, in line with its strategy to build net production and reserves by acquiring and developing a portfolio of leases in liquids rich hydrocarbon plays. Commencement of Production The Company has been informed by the relevant operator that production has commenced at the following two wells, with the IPRs as set out below: Well Name Formation Operator Gross IPR NAPs NRI Net IPR Wolf 1H-25 Mississippi Lime, Oklahoma Highmount 195 boepd 1.25% 2.4 boepd McClure 36-2H Mississippi Lime, Oklahoma Highmount 90 boepd 0.055% 0.05 boepd
North Americans Managing Director Stefan Olivier said, "From a standing start at the time of our IPO in March 2013, we now hold leases totalling 416 net mineral acres and have interests in seven producing wells in the proven Mississippi Lime formation, Oklahoma.

We intend to build on the momentum behind the Company and are actively evaluating opportunities to acquire additional leases and participate in the drilling of new wells in proven US onshore formations, as we look to generate shareholder value by growing net production and proving up 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 three either drilling or waiting to spud.
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