4th Feb 2013 12:00
New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas
4 February 2013
New World Oil and Gas Plc ('New World' or 'the Company')
Analyst and Investor Conference Call
New World Oil and Gas Plc, an oil and gas exploration and development company focused on Belize and Denmark, is pleased to announce that it will be holding a conference call for analysts and investors on Thursday 7 February 2013 at 16.00 GMT.
To participate in this conference call, please go to www.meetingzone.com/presenter using 2927389 as the participant pin to submit questions at the time of the call, and dial +44 (0) 808 109 5644, or +44 (0) 20 8322 2500 if you are calling from outside of the UK, using access code 2927389#.
New World CEO Bill Kelleher will be hosting the call and will provide an update on the Company's operations in both Belize and Denmark.
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For further information please visit www.nwoilgas.com or contact:
Enquiries:
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William Kelleher | New World Oil and Gas Plc | Tel: +1 713 447 2171 |
Georges Sztyk | New World Oil and Gas Plc | Tel: +1 646 407 9946 |
Peter Sztyk Felicity Geidt | New World Oil and Gas Plc Beaumont Cornish Limited | Tel: +1 917 215 7122 Tel: +44 (0) 20 7628 3396 |
Roland Cornish | Beaumont Cornish Limited | Tel: +44 (0) 20 7628 3396 |
Jerry Keen | Shore Capital | Tel: +44 (0) 20 7408 4090 |
Pascal Keane | Shore Capital | Tel: +44 (0) 20 7408 4090 |
Hugo de Salis | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Lottie Brocklehurst | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Frank Buhagiar | St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Notes
New World Oil and Gas Plc is an oil and gas operating company with three highly prospective projects in Belize and Denmark. New World is operator of all three projects where a systematic programme of seismic acquisition has resulted in multiple prospects being identified and derisked, a number of which have been classified by the Competent Person as being drill ready. Blue Creek in Belize is the Company's most advanced project where drilling operations are due to commence at the West Gallon Jug Crest prospect in Q1 2013. New World also operates two projects in onshore Denmark located in producing basins covering a combined area of over 2.6 million acres, making it the largest holder of acreage in Denmark.
Management is constantly evaluating additional projects that would complement the Company's growing portfolio, particularly late stage exploration or early production projects located in basins with large proven reserves that, in the opinion of the Directors, are undervalued, underdeveloped or under-performing. As a result, the Board is actively identifying exploitation opportunities in areas including Africa, South America and South East Asia as it looks to build a leading, diversified oil and gas company.
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