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.

A bit late to the party but I've bought in @ 11p.
2517

Well done George.

..the last hour was incredible look at the buys.

Mitzy---------Surprised the sp didn't rise with the strength of buying.
2517

Never seen anything like it George next week should be exciting.

Danish news coming in 2 weeks

Its a 5/1 bet .

Exactly....this is not a one trick poney.....in fact if all their wells came in we'd be looking at 100p per share next summer but this won't happen but 11p for this share now is a joke !.

Denmark is forgotten by many investors.

Skuse me for being a bit slow but can't find any reference to Denmark, give us a clue mitz please.,.

The Danica Jutland licence to drill in Denmark the CPR gives 100 mbo and 1 TCF of gas..
Seismic next year and drilling in 2014.

ta again, thought it was underway when looking at thread. Is that inland or in northsea?

Onshore SW Denmark.

any other wells nearby?

and the Danica resources project onshor/offshore

two projects in Denmark and one in Belize.

Shore Capital have a share price target of 40p but the recent news I believe 50p would be the new price.

There is onshore and offshore Denmark....will have to read their RNS's again but I think they are drilling in 2013 if I'm not mistaken..

a bit of luck we should open at 12p Monday.

Still around 11p.....like you say...could rocket if commercial oil is discovered...

Yep still 11p.

Volume Thursday was 40mill and Friday 27mill.

today 8mill so could be another big volume day but the sp is static.

A wave of buys now.

From iii post

OIL AND GAS JOURNAL

Belize moving on up

Monday 3rd December 2012 - 1.48pm

By Sam Fletcher

Belize has been a hard nut to crack for oil &gas explorers historically but in recent times some notable discoveries have been made and new investment is now starting to move into the territory. The first discovery of petroleum and gas deposits in Belize was made by Belize Natural Energy Ltd in 2005 when the first well in spanish lookout began producing and has seen its production now reach 5,000+ barrels per day. Attention has recently been turned to london aim listed New World oil & gas who are currently drilling / exploring a series of wells on its flagship Blue Creek project,the company recently updated investors with news of the maiden B Crest prospect encountering an active hydrocarbon system. Activity on the license front has also been steadily increasing with a number of new exploration licenses being applied for from a combination of mainly US and UK listed companies,among which are Marathon Oil Corp with three applications and london aim listed Bluebird Energy with two applications.

Belize now looks set to be a major draw for oil & gas explorers with attractive tax regimes and modest local labour costs adding to the many attractions of the country.