New World Oil And Gas Share News (NEW)
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High-flying New World Oil & Gas described the arrival of a drilling rig at its Blue Creek prospect in Belize as 'a hugely significant milestone for the company' as it embarks on the next phase of its eye-catching growth as a company. The shares initially rose to 12p on the news but have since falle
Read moreNew World Oil and Gas, an exploration and development company focused on Belize and Denmark, has confirmed the arrival of the ThermaSource drilling rig 104 in Northwest Belize at the end of August. Drilling will soon begin on the B Crest prospect, one of three drill-ready prospects identified on t
Read moreHeritage Oil jumped after shares were restored to the official list after being suspended following the reverse takeover of an oil mining lease in Nigeria (OML 30) first announced on June 29th. The acquisition will be financed by a $550m secured bridge finance facility and a fully underwritten rig
Read moreNorthern Petroleum has started drilling operations on the La Tosca-1 well, targeting a 43bn cubic feet of gross mean prospective resource gas prospect. The well is being drilled to evaluate the exploration potential of a gas prospect mapped from 3D seismic on the Longastrino Permit. The well is situ
Read moreInternational Mining and Infrastructure Corporation rose 9% on Wednesday morning after it said its strategic partner had signed an agreement that will see its iron sold to the Chinese market. The firm's partner, African Iron Ore Group, has signed the deal with China Railway Materials Company, one of
Read moreExploration outfit New World Oil and Gas has today announced a revision to its volumetric and estimated monetary value estimates for two of its prospects at the Blue Creek Project in Belize. According to the data contained in an update to the Competent Person's Report ('CPR') from RPS Energy ('RPS'
Read moreEnergy sector investment company New World Oil and Gas has doubled its stake in the 420 square kilometre Blue Creek project located in the Petén Basin in Northwest Belize. New World's working interest in the project now stands at 25%. Under the terms of the farm-out agreement, New World can earn u
Read moreNew World Oil and Gas, an oil and gas sector investor, has completed a Farm-Out Agreement with Danica Resources to acquire an initial 12.5 per cent (and up to an 80 per cent) working interest in the highly prospective 6,420 sq km licence 1/08 in southern Denmark. New World is now the operator of the
Read moreRange Resources has reported further success in the appraisal and development of the North Chapman Ranch Field in Texas, in which Range has a 20-25% interest, with the successful drilling of the Smith 2 and Albrecht 1 wells. Work is being conducted to remove all of the plugs below the upper pay zone
Read moreCovert intelligence company Datong broke cover on Wednesday to announce that a patent infringement claim brought against it had been thrown out by the Court of Appeal. MMI Research had maintained that a third party product sold by Datong infringed the UK element of a patent jointly owned by MMI. D
Read moreNew World Oil and Gas has been granted a 90-day exclusivity period by Danica Resources in which to complete a competent person's report (CPR) on a 6,400 square kilometres oil and gas concession. The licence, known as 1/08, is the firm's third in Denmark. Chief Executive Officer William Kelleher s
Read moreOil and gas investment firm New World Oil and Gas saw its share price surge after announcing that it has established a 'virtual data room' following the receipt of a number of approaches from potential farm-in partners about two promising looking projects it has in Denmark and Belize. The Belize pr
Read moreNew World Oil and Gas, an oil and gas investment firm, has signed two farm-out agreements (FOAs) to acquire working interest in licences 1/09 and 2/09, located in the Jutland on-shore area in south west Denmark. The FOAs were agreed between the company's wholly-owned subsidiary New World Jutland a
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