North American Petroleum Plc/ Index: ISDX / Epic: NAPP / Sector: Oil & Gas 29 October 2014 North American Petroleum Plc (NAP or the Company) Operations Update for Shoats Creek Field, Louisiana 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 1,670 gross acre Shoats Creek Project, in Louisiana (Shoats Creek) where NAP holds a 35%/26.25% working/net revenue interest (WI/NRI) alongside Northcote Energy plc (Northcote) (35% WI), and Springer Oil & Gas (30% WI).

This update is in line with the Companys strategy to rapidly increase production and grow reserves through the acquisition and development of leases in proven US onshore formations. Shoats Creek
* 33% increase in gross production from the Lutcher Moore #9 well to 115 barrels of oil equivalent a day (30.2 BOE / d net) compared to the previously announced test rate of 86.5 BOE / d (22.8 BOE / d net) * Majority of production is oil - 73 barrels per day of oil and 255 thousand cubic feet per day of natural gas and follows further low cost work including additional perforations and a nitrogen flush with a coiled tubing rig and nitrogen unit * Following the successful workover of the Lutcher Moore #9 and #14 wells, the partners in Shoats Creek have agreed to continue the capital programme at Shoats: * Lutcher Moore #20 well, has been permitted as a twin to the Lutcher Moore #16 * Further ongoing work at Shoats to be announced in due course. * The Lutcher Moore #12, a third well to undergo a low cost workover, has been shut-in following the collapse of the casing in the well bore and will not be added to production - the #12 had very good oil shows and is a strong candidate for a twin well to be drilled on the same location similar to the Lutcher Moore #16/20 wells * Shoats Creek has historically produced primarily from the Cockfield formation and has significant low cost development potential including: * Workovers and recompletions to both existing and new payzones in up to 22 existing well bores * Multiple new drill targets in a number of formations including the Cockfield, the Frio and Wilcox identified using 3-D seismic data NAPs Managing Director Stefan Olivier said, "We are delighted with the increase in production at Shoats Creek.

These figures further demonstrate the significant potential this project has to offer with impressive production rates delivered from the low-cost workover of existing wells, which is particularly appetising in the current markets.

With a broadened work programme in the pipeline at Shoats Creek, including the 12 potential re-entry wells, we are excited by the upside the project has to offer.

I look forward to providing further updates at this exciting time for the Company as we continue all efforts to rapidly grow NAPs production and reserves." **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 2,107 net mineral acres in Oklahoma and Louisiana and has interests in 33 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] Lottie Brocklehurst St Brides Media & Finance Ltd 3 St Michaels Alley, London, EC3V 9DS www.stbridesmedia.co.uk Tel: 0207 236 1177 | Mob: 07917010468 | Twitter: @StBrides1