New World Oil And Gas Share News (NEW)
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NEWFri, 08th Mar 2013 10:37
New World Oil and Gas, an oil and gas operating company focussed on Belize and Denmark, has formally received a 75 per cent working interest in its Blue Creek Project located in the producing Petén Basin in northwest Belize. This follows the Belize Ministry of Natural Resources and the Environment
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The FTSE Small Caps index gains 0.3 percent, lagging blue-chip FTSE 100 index, up 1.1 percent, and the mid caps, which finish 1.9 percent higher. Shares in Beacon Hill Resource jump up by 44.5 percent after the company - which handles production projects related to the steel industry - sign
Read moreNew World Oil and Gas plunged Friday after the company plugged and abandoned its Blue Creek #2A ST oil well in the Petén Basin in north-west Belize. Shares in the oil and gas exploration firm tumbled 45.31% to 4.38p at 8:23 as the group determined an insufficient quantity of moveable hydrocarbons
Read moreNew World Oil and Gas fell hard after announcing the issue of almost two million new shares as well as delays to drilling in Belize. The bulk of the new shares - 1.08m - were issued at an average of 9.67p per share to settle professional fees and other financial obligations. It also created al
Read moreNew World Oil and Gas, a company focused on Belize and Denmark, suffered a decline in its share price on Thursday morning, despite delivering a generally upbeat statement. The group said that operations in Belize are continuing as planned, with the Blue Creek #2A drilled to a measured depth of 10,
Read moreThe share price for AIM-listed New World Oil and Gas rose 5.33 per cent to 9.88p at 08:16 on Monday following publication of an update by the company. The oil and gas exploration and development company revealed confirmed the presence of a working hydrocarbon system at its Blue Creek Well 2 in Beli
Read moreNew World Oil & Gas rose after tests showed the increased prospect of a large discovery at its B Crest project in Belize. The firm said live oil shows in the Y3 and Hill Bank reservoirs at the site had been confirmed. A decision has now been made to drill a deviated well from the existing vertical
Read moreNew World Oil and Gas has completed drilling at its second Blue Creek well in Northwest Belize with oil and gas showing in the mud logs at various intervals. The well, on the B Crest prospect on its flagship Blue Creek project, is the second of a three-well program. It reached a total depth of 10,4
Read moreDesign and engineering consultancy group WS Atkins jumped after it topped expectations with its interim profits, and signalled optimism for the future by announcing that it has resumed recruiting. Property consultancy Savills got off to a positive start on Thursday after announcing that its overal
Read moreMagnolia Petroleum, the US onshore focused oil and gas exploration and production company, has agreed to acquire 6,700 net mineral acres in Montana. Magnolia is paying $4m in cash for the acreage, most of which is located in Daniels County, surrounded by leases acquired earlier this year by Apache,
Read moreFirestone Diamonds jumped 12.9% after the firm reported it had discovered very rare 'type 2' diamonds at its Liqhobong mine in Lesotho. Type 2A diamonds - of which the company found 28 - make up less than 2% of all diamonds and are considered the purest of all diamonds. One of the diamonds found -
Read moreNew World Oil and Gas, a company focused on Belize and Denmark, has said that the Belize Ministry of Energy, Science & Technology and Public Utilities has formally approved the assignment of a further 10 per cent working interest in the Blue Creek Project, located in the producing Petén Basin in Nor
Read moreShares in Conroy Gold and Natural Resources, an AIM-listed mining company, leapt after the firm discovered two new gold targets at the Slieve Glah licence area in County Cavan, Ireland. The two targets, each of which are over 3km in length, returned anomalous gold values from the assay analysis, whi
Read moreInterim results from New World Oil & Gas, the late-stage prospect development specialist, focused on the progress the firm has made in de-risking its prospects in Belize and Denmark. The emphasis on progress made on the exploration front is understandable, as the company is not yet in the productio
Read moreGold and copper explorer Kefi Minerals rose on Monday after it reported promising initial drill results at its Selib North site in Saudi Arabia. Numerous dykes were found that were not evident at surface, the firm said. It added that they could potentially converge to a larger 'parent stock' at dept
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