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 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

Update....they think they have a commercial discovery...not confirmed but there's a big chance....sp up a bit...

More if's and but's on here then you will find anywhere -):

Chance of 50/50 of a commercial find imo.

hope for a good day tomorrow

New World Oil & Gas said it has decided to plug and abandon its Blue Creek #2A ST well after it decided there were insufficient commercial quantities of moveable hydrocarbons.

It said technical data from the Blue Creek #2 and #2A ST wells would play an in important role in the drilling of its next well, the Rio Bravo #1 in West Gallon Jug Crest.

"At this time, the West Gallon Jug Crest location is drill ready, with a drilling pad, access road, base camp, water well and other infrastructure all in place," the company said.

"It is anticipated that the drilling of the Rio Bravo #1 well will commence in first-quarter 2013. The well is planned to be drilled to a depth of 8,400 feet," it said.

The West Gallon Jug Crest prospect shows P50 un-risked prospective resources of 113 million barrels of oil, with a P50 net present value of $2.6 billion

Bad news to all investors no commercial oil in the end.