Last 0.45 GBp
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Volume 757.0K
As of 11:35 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

new world oil and gas plc (NEW) Snapshot

Open
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Previous Close
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Day High
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Day Low
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52 Week High
04/22/13 - 1.83 GBp
52 Week Low
04/7/14 - 0.40 GBp
Market Cap
3.2M
Average Volume 10 Days
3.6M
EPS TTM
-0.07 GBp
Shares Outstanding
708.2M
EX-Date
--
P/E TM
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Dividend
--
Dividend Yield
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Current Stock Chart for NEW WORLD OIL AND GAS PLC (NEW)

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new world oil and gas plc (NEW) Details

New World Oil and Gas Plc engages in acquiring a portfolio of direct and indirect interests in the exploration, development, and production oil and gas assets located in the Americas, Europe, and other areas. The company primarily holds interest in the Blue Creek project comprising two oil concessions located in Petén Basin in northwest Belize. It also operates two projects, including Danica Jutland and Danica Resources located in onshore Denmark. The company is based in St. Helier, the Channel Islands.

Founded in 2010

new world oil and gas plc (NEW) Top Compensated Officers

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new world oil and gas plc (NEW) Key Developments

New World Oil and Gas Plc Secures Extension for Danica Jutland Licences, Denmark

New World Oil and Gas Plc announced that it has secured a six-month extension in work programme commitment deadlines for Licences 1/09 and 2/09 at its Danica Jutland Project in Western Denmark. This extension was discussed with Danica Jutland ApS and the Danish North Sea Fund, the company's 20% full-paying partner, and approved by the Danish Energy Agency. In order to secure the extension to 17 June 2014, New World has committed to a passive gas survey to expand its existing prospect inventory in an effort to determine the best possible candidate for a slim-hole well, prior to making a decision whether or not to drill a conventional well.

New World Secures Final Belize Oil Project Renewal

New World Oil and Gas secured a third and final government-approved renewal for the production-sharing agreement (PSA) at the Blue Creek oil project in Belize's Petén basin. With the approval the PSA was extended to October 12, 2015. New World earned a 100% interest in Blue Creek in June 2011 after completing all concession assignments including the acquisition and interpretation of 231 km of 2D seismic data and drilling two wells and a sidetrack. Under the new PSA New World is committed to reviewing and reevaluating its 2D data, well drilling results, chemical analyses and core samples in the first year. In the second year of the renewed PSA New World will either drill one exploration well or drop the license.

New World Oil and Gas plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2013

New World Oil and Gas Plc reported unaudited consolidated earnings results for the six months ended June 30, 2013. For the six months, the company reported operating loss of $9,247,000, loss before taxation of $9,498,000, loss of $9,498,000 or 1.80 cents basic loss per share against operating loss of $1,397,000, loss before taxation of $1,397,000, loss of $1,397,000 or 0.70 cents basic loss per share for the same period a year ago. Net cash outflow from operating activities of $11,098,000, payments for plant and equipment was $11,000 against net cash outflow from operating activities was $758,000, payments for plant and equipment was $105,000 for the same period a year ago.

 

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