North American Petroleum Plc/ Index: ISDX / Epic: NAPP / Sector: Oil & Gas 4 June 2014 North American Petroleum Plc (NAP or the Company) Update on Zink Ranch Project, Oklahoma North American Petroleum Plc, a company focussed on developing its interests in proven US onshore oil and gas formations, notes that Northcote Energy Ltd (AIM: NCT) (Northcote), its partner and operator of the 1,520 gross acre Zink Ranch Project (the Project) in Oklahoma, has today announced initial gross flow rates for the 8-A well at 11.5BOPD and 159MCF/D which equates to 38BOEPD gross and 9 BOEPD net to NAP.

The 8-A well, in which NAP holds a 23.4% interest, is one of four recently recompleted wells at Zink Ranch which are the first four of a 14 well recompletion programme planned for 2014. The results of the other three recompleted wells alongside longer test production rates for the 8-A will be announced by Northcote and NAP in due course.

This update is in line with NAPs strategy to rapidly build net production and reserves through the acquisition and development of leases in liquids rich hydrocarbon plays. NAPs Managing Director Stefan Olivier said, "At 38 boepd gross, initial production from 8-A is above the operators original expectations and is expected to result in the recovery of costs within just three months.

While performance will vary for each individual well, we are nevertheless delighted with the outcome of the first recompletion of an existing well bore on Zink Ranch into a previously untapped payzone.

I look forward to providing further updates on our multi-well development and drilling programme for 2014, as we focus on delivering on our objective to rapidly grow NAPs production and reserves." Northcote Energy Ltds full release Northcote (AIM: NCT) is pleased to announce positive initial gross flow rates for the 8-A well at its Zink Ranch project, over a 2 day test, of 11.5BOPD and 159MCF/D equating to 38BOEPD (net: 10BOEPD).

This is the first result from the Companys 14 well recompletion programme at Zink Ranch, with results of a further 3 recompleted wells, alongside longer test production on the 8-A, to be announced in due course. As the Company installs the pipeline and compressor required to support the higher field natural gas volumes, it is completing and testing each well in series before bringing all four recompleted wells into production. By undertaking 14 recompletions at Zink Ranch, Northcote is adopting a portfolio approach to re-disk exposure to any one recompleted well.

The programme has been designed to deliver an increase in production and return, which on average over the 14 recompletions will, the Directors believe, significantly enhance shareholder value. Northcotes Chief Executive Officer Randall Connally said, "At the commencement of the Zink programme, I expected that each of the fourteen wells would contribute an average gross increase in production of 10BOEPD.

Therefore, whilst the outcome from each of the 14 Zink recompletions will vary, the 8-A gets the programme off to a strong start. "Furthermore, the strong production from the 8-A test means we expect the incremental revenues to repay the investment capital on that well in under 3 months further demonstrating the attractive economics of the programme." **ENDS** For further information and the full Admission document visit www.napetroleum.com or contact the following: Stefan Olivier Brinsley Holman North American Petroleum Plc Keith, Bayley, Rogers & Co. +44 (0) 7595 779520 +44 (0) 207 464 4090 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 1,523 net mineral acres in the liquids rich Mississippi Lime play and has interests in 31 producing wells and a further eight either drilling or waiting to spud.

The value, as determined by an independent appraisal of NAPs proven reserves currently stands at US$21m and is broken down as follows: 1.

PV10 of US$6.7m (as of 1 November 2012) for NAPs 28.7%/21.65% working/net revenue interest in the Steele and Steinberger wells in Osage County Oklahoma 2.

PV10 of US$10.064m (as of 1 November 2012) for NAPs 24.2%/16.8% working/net revenue interest acquired in the Little Drum Unit in Osage County, Oklahoma 3.

PV10 of US$4.29m (as of 1 September 2013) for NAPs 30%/23% working/net revenue interest acquired in the Mathis Unit in Osage County, Oklahoma
[cid:image002.png@01CECBDD.61F8A860] Frank Buhagiar St Brides Media & Finance Ltd 3 St Michaels Alley, London, EC3V 9DS www.stbridesmedia.co.uk Tel: 0207 236 1177 | Mob: 07788410221 | Twitter: @StBrides1