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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.

Stan - 20 Nov 2012 07:22 - 174 of 299

http://www.moneyam.com/action/news/showArticle?id=4487720 In other words steady progress?

mitzy - 20 Nov 2012 08:22 - 175 of 299

Still no word on it being commercial.

required field - 20 Nov 2012 08:27 - 176 of 299

No but oil shows throughout......good chance that one formation/layer just might be.....it is a working hydrocarbon system.....which to me means that even if this is not commercial (and there is now a good chance that it is) then they might spud a second well closeby....

mitzy - 20 Nov 2012 08:31 - 177 of 299

BNE had 40 ft of oil and NEW said they had much more possibly 300 ft.

grannyboy - 20 Nov 2012 08:43 - 178 of 299

Oil shows in all formations!!!..

Its looking VERY promising...

mitzy - 20 Nov 2012 11:55 - 179 of 299

The market is not convinced it is commercial.

required field - 20 Nov 2012 12:00 - 180 of 299

I have counted 8 targeted levels : all with oil shows and gas as well.....impressive so far.....some of the sells are in fact buys...and it could be that in the event of failure that a sidetrack might be possible .....

markymar - 20 Nov 2012 12:55 - 181 of 299

I think the word is promising RF as oil can be directly seen in drilling fluids, in core or cutting samples..........bit more work needed as a bit like having skid marks on your wagons.

Balerboy - 20 Nov 2012 14:59 - 182 of 299

Thats just pants marky.,.

required field - 20 Nov 2012 16:00 - 183 of 299

Well the thing is to be in or not to be in ?.....skid marks ???..on wagons...???

required field - 20 Nov 2012 18:13 - 184 of 299

I'm very surprised that there isn't more interest for this one considering this is just their first well and two more at the very least plus a Danish campaign coming up.....and such a small market cap

mitzy - 21 Nov 2012 08:31 - 185 of 299

down again this morning.

mitzy - 29 Nov 2012 07:45 - 186 of 299

****rns****.

mitzy - 29 Nov 2012 08:00 - 187 of 299

They have 300 ft of gross oil pay.

markymar - 29 Nov 2012 08:15 - 188 of 299

looks like there was a little more than skid marks on the wagons Balerboy,hmmmmmmm

Balerboy - 29 Nov 2012 08:55 - 189 of 299

lol marky.,.

required field - 29 Nov 2012 09:15 - 190 of 299

Looks like a good result to me so far....in fact it's such a good stock that they ought to make cubes of it.....you know chicken....beef.....oh dear here I go again with my clowneries....anyway ....290 ft pay zone and somehow I knew a sidetrack would be coming but it looks like this well should have a successful outcome !...

required field - 29 Nov 2012 09:16 - 191 of 299

Why the hell isn't the sp rising ?...

grannyboy - 29 Nov 2012 09:53 - 192 of 299

rf supose the markets are waiting for the magic words "Commercial".. will have to wait a few weeks but it definitely looks promising...

mitzy - 29 Nov 2012 10:23 - 193 of 299

Expecting a RNS around 21st December.
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