New Corporate Website

New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas

29 August 2012

New World Oil and Gas Plc ('New World' or the 'Company')

New Corporate Website

New World Oil and Gas Plc, an oil and gas operating company focused on Belize and Denmark, is pleased to announce that it has updated its corporate website. To visit the updated website, which includes full overviews of the Company's portfolio of oil and gas assets in Belize and Denmark, please go to www.nwoilgas.com.

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For further information please visit www.nwoilgas.com or contact:

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, later this year, drilling is due to commence at B Crest, a prospect with un-risked P50 prospective resources of 92MMbo and a POSg of 1 in 5 as confirmed by a Competent Person. 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.