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New World Oil and Gas Investor Evening

11th Jun 2012 07:00

RNS Number : 0487F
New World Oil & Gas
11 June 2012
 



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

11 June 2012

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

New World Investor Evening

 

New World Oil and Gas Plc, a company focused on making investments in the oil and gas sector, is holding an investor evening on Tuesday 3 July 2012 at 6.00pm at The Geological Society, Burlington House, Piccadilly, London, W1J 0BG. At the event, the Directors of the Company will discuss New World's significant progress since its admission to AIM in May 2011 and provide an update on its Blue Creek Project in Belize and its Danica Jutland and Danica Resources Projects in Denmark. The investor evening will also allow for a Q&A session with members of the Board.

 

To register for a place at the event and for further information please click on the following link http://www.eyespydigital.com/investments/nwoilgas/.

 

* * ENDS * *

 

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

 

Enquiries:

William Kelleher

New World Oil and Gas Plc

Tel: +17134472171

Georges Sztyk

New World Oil and Gas Plc

Tel: +1514 961 2247

Peter Sztyk

 

Felicity Geidt

New World Oil and Gas Plc

 

Beaumont Cornish Limited

Tel: +19172157122

 

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 focussed on making investments in the oil and gas sector, either by acquisition or by participation through Farm-Out. The Company targets late stage exploration or early production projects that, in the opinion of the Directors, are undervalued, underdeveloped or under-performing, located in basins with large proven reserves. New World is currently operating in Central America and Europe where New World has acquired two highly prospective projects via Farm-Out Agreements, although the Board is actively identifying exploitation opportunities in areas including Africa, South America and South East Asia.

New World's first investment was in the Blue Creek Project, located in the productive Petén Basin in northwest Belize, and consists of two concessions, Blue Creek and Blue Creek South, totalling 420sq km. The Company has signed a Farm-Out Agreement for up to a 100% working interest in the project upon full completion of the earn-in work programme. A multi-phased 2-D seismic acquisition and interpretation programme is being undertaken, with Phase 1 complete and Phase 2 currently underway, the completion of which will earn the Company a 25% interest in the project.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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