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.

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.

Good find.

Mitzy what's happened, you promised me riches beyond my wildest dreams, never have to worry about money again, a NEW beginning. aarrrhhh
2517

Yep its disappointing George .

Early days yet mitzy, several of my oil minnows are down today, BPC, MTA, PET, SER and even AMER, bucking the trend atm is LGO and MAGP.
2517

2517 mitzy has some form with small oilies CHAR and MATD spring to mind.

Steady on...that's my NEW online girlfriend you are talking about !...

Yes I know thanks halifax, I followed MATD for a while although never bought them, but for memory it was possible to have made a decent profit depending on the entry point. My post 240 was only jesting, I never buy on other posters say so. I can categorically state that any losses I incur can be attributed to me and me alone. Ha! Ha!
2517

Its ok halifax is an old PAL...LOL.

Everything is down.....if oil flows....the sp should shoot up...

and if no oil..........

Gulp ....! I will stay put....and on to the next well....three wells in Belize followed by the Denmark gas campaign...

in 2014

Is it ?....there are two campaigns onshore and offshore...

NEW's prospective find is every bit as encouraging as WSX's, let's hope for a different outcome.
2517

Hoping for a winner here George.....and two more spuds to go...

More detail here on the current drill campaign - very encouraging