mitzy
- 14 Oct 2011 10:31
Oil explorer drilling in Central America.. Belize .
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.
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.
required field
- 10 Nov 2012 09:52
- 158 of 299
The area where they are drilling seems to have oil all over the place ; there is a map on their website with oil migration paths and such.....but it is hit and miss...the good thing is that there are producing wells not far away....so fingers crossed for a good result...otherwise it's having to wait for the next spud...(I will not be selling even if the first one is a duster)....big boys on board (who know a lot more than we do) cannot be a bad thing either...the not so encouraging thing is that apart from the exception of the now bought out "Emerald Energy" (EEN) : I have never ever been able to make a profit on the South American oilies (excluding the Falklands)....never....perhaps this being in Central America might make a difference...
Stan
- 10 Nov 2012 10:11
- 159 of 299
"I have never ever been able to make a profit on the South American oilies (excluding the Falklands)....never....perhaps this being in Central America might make a difference..." Well with that track record RF I shall continue to keep this fence warm -):
Good luck all.
required field
- 10 Nov 2012 13:29
- 160 of 299
Well yes...Central America is not South America...
Stan
- 10 Nov 2012 14:46
- 161 of 299
Not far off though -):
required field
- 11 Nov 2012 09:57
- 162 of 299
If it did come right the sp could go from the present level to above 30p......it could....
mitzy
- 13 Nov 2012 09:47
- 163 of 299
All buys today..
mitzy
- 13 Nov 2012 14:26
- 164 of 299
I'm guessing tomorrow.
chuckles
- 13 Nov 2012 19:31
- 165 of 299
RNS last week was obviously leaked an hour or so before the close. If a further RNS tomorrow then NEW certainly is a very leaky organisation but will be interesting to see what the RNS says (if issued). Can't think for a moment there will be any declaration of a commercial find, but an announcement of discovered oil intervals will have a bit of impact on the share price that's for sure.
mitzy
- 13 Nov 2012 20:37
- 166 of 299
They will have oil shows announce testing of the well doubt any confirmation of a commercial find but I'm hoping they have something special in the rns.
mitzy
- 15 Nov 2012 08:29
- 167 of 299
No news so far.
mitzy
- 15 Nov 2012 09:22
- 168 of 299
RNS out..
2517GEORGE
- 15 Nov 2012 09:48
- 169 of 299
Strange they didn't just wait until monday to update, by which time the TD would have been reached. (sunday)
2517
mitzy
- 15 Nov 2012 14:16
- 170 of 299
Its a mystery George.
grannyboy
- 15 Nov 2012 15:28
- 171 of 299
Maybe its to do with the 8/11 RNS stating that TD on or before 15/11, if it'd got to 4.30 on Friday afternoon and no update imagine the chatter over the weekend..
2517GEORGE
- 15 Nov 2012 15:34
- 172 of 299
Spot on grannyboy, confess I don't hold NEW and didn't check the rns 8/11.
2517
mitzy
- 16 Nov 2012 09:14
- 173 of 299
Under the rader this one.
Stan
- 20 Nov 2012 07:22
- 174 of 299
mitzy
- 20 Nov 2012 08:22
- 175 of 299
Still no word on it being commercial.