New World Oil And Gas Regulatory News (NEW)

New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas

26 September 2012

New World Oil and Gas Plc ('New World' or the 'Company')

Exercise of Warrants

New World Oil and Gas Plc, an oil and gas exploration and development company focused on Belize and Denmark, announces that it has received notices for the exercise of 3,600,000 warrants (each over one new Ordinary Share in the capital of the Company exercisable at 5p per Ordinary Share) which were granted as part of the Company's admission to AIM in May 2011 (the 'Exercise').

Application will be made for the 3,600,000 new Ordinary Shares issued pursuant to the Exercise, which will rank pari passu with all existing Ordinary Shares, to be admitted to trading on AIM. Admission is expected to take place on or around 3 October 2012.

Following the issue of the new Ordinary Shares, the Company's total issued share capital will consist of 256,543,451 Ordinary Shares.

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For further information please visit www.nwoilgas.com or contact:

Notes

New World Oil and Gas Plc is an oil and gas operating company with three highly prospective projects in Belize and Denmark. New World is operator of all three projects where a systematic programme of seismic acquisition has resulted in multiple prospects being identified and derisked, a number of which have been classified by the Competent Person as being drill ready. Blue Creek in Belize is the Company's most advanced project where, later this year, drilling is due to commence at B Crest, a prospect with un-risked P50 prospective resources of 92MMbo and a POSg of 1 in 5 as confirmed by a Competent Person. New World also operates two projects in onshore Denmark located in producing basins covering a combined area of over 2.6 million acres, making it the largest holder of acreage in Denmark.

Management is constantly evaluating additional projects that would complement the Company's growing portfolio, particularly late stage exploration or early production projects located in basins with large proven reserves that, in the opinion of the Directors, are undervalued, underdeveloped or under-performing. As a result, the Board is actively identifying exploitation opportunities in areas including Africa, South America and South East Asia as it looks to build a leading, diversified oil and gas company.