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New World Oil & Gas (NEW)     

mitzy - 14 Oct 2011 10:31

Oil explorer drilling in Central America.. Belize .

Chart.aspx?Provider=EODIntra&Code=NEW&Si


Floated in the Summer on the AIM.
http://www.nwoilgas.com/

Valued at �5mill that includes � 3 mill cash...4.75p to buy..I hold.

michaeljlambert - 07 Nov 2012 21:06 - 138 of 299

ready to blow ????????

mitzy - 07 Nov 2012 21:23 - 139 of 299

Looking that way michael a RNS tomorrow I bet.

Balerboy - 07 Nov 2012 22:33 - 140 of 299

maybe a sucker jump..... all on board.,.

mitzy - 08 Nov 2012 07:35 - 141 of 299

Early morning RNS but does not mention oil shows.

chuckles - 08 Nov 2012 07:41 - 142 of 299

Read it again

mitzy - 08 Nov 2012 07:45 - 143 of 299

There is no mention of oil shows in Y1 and Y2 the primary drill targets they are drilling further down to Y 3 where they expect to find oil shows.

Have they found oil to date and is it commercial.

required field - 08 Nov 2012 09:17 - 144 of 299

The thing that makes this company so interesting is that this is their first well .....with productive wells very closeby....two more at least after this and also another campaign in Denmark early next year....so there is considerable upside even if the first one is a duster...

Balerboy - 08 Nov 2012 09:40 - 145 of 299

going down.,.

mitzy - 08 Nov 2012 09:44 - 146 of 299

Can you imagine if there were oil shows the sp would be 14p by now.

Balerboy - 08 Nov 2012 09:46 - 147 of 299

imagination doesn't help the bank balance only fact.,.

mitzy - 08 Nov 2012 10:04 - 148 of 299

We will find out whether they have anything around the 16th.

required field - 08 Nov 2012 19:48 - 149 of 299

The sp cannot reflect the operations that are going on out there.....we just have to wait.....two more wells to come at least plus Denmark....along with FOGL...these are two shares that could fly with oil discoveries....

chuckles - 08 Nov 2012 21:12 - 150 of 299

You're probably right mitzy, I have re-read the rns a few times and it could be considered they have oil or they don't have oil. I am tending to think the only reason they are going deeper is to try and find something.

mitzy - 09 Nov 2012 08:44 - 151 of 299

The last 2 RNS have been vague we still dont know if they have found commercial oil.

Another week to find out.

required field - 09 Nov 2012 10:09 - 152 of 299

There are producing wells just a hopping distance away but the fact remains that we have another two wells to go after this....hit and miss with the oil industry...

mitzy - 09 Nov 2012 13:43 - 153 of 299

I believe they will be 11p next week rf.

mitzy - 09 Nov 2012 14:32 - 154 of 299

Holding RNS just out.

required field - 09 Nov 2012 14:35 - 155 of 299

Hefty percentage by Axa...33 million shares...boy oh boy...!.....

mitzy - 09 Nov 2012 14:43 - 156 of 299

10% of the company rf they are confident.,

mitzy - 10 Nov 2012 09:33 - 157 of 299

They probably found 6 mbo in the Y1 and Y2 drilling into Y3 and hoping to find another 6mbo.

12mbo could be considered a commercial find.
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