December 03, 2016 4:59 AM ET

Oil, Gas and Consumable Fuels

Company Overview of New Age (African Global Energy) Limited

Company Overview

New Age (African Global Energy) Limited provides oil and gas exploration, development, and production services. The company holds licenses for 19 onshore and offshore blocks in seven countries. Additionally, it has drilled 12 exploration and appraisal wells, and built portfolio of six oil and six gas fields. New Age (African Global Energy) Limited was founded in 2007 and is based in London, United Kingdom.

8 Lancelot Place

6th Floor


London,  SW7 1DR

United Kingdom

Founded in 2007

22 Employees


44 20 7581 7830


44 20 7581 7831

Key Executives for New Age (African Global Energy) Limited

Chairman and Chief Executive Officer
Age: 56
Chief Financial Officer
Executive Vice President of Operations
Executive Vice President of Exploration
Age: 57
Executive Vice President of Technical
Compensation as of Fiscal Year 2016.

New Age (African Global Energy) Limited Key Developments

Genel Energy In Merger Talks With New Age

Genel Energy plc (LSE:GENL) entered into merger talks with New Age (African Global Energy) Limited. According to Sky News, the two companies are in the early stages of discussing a merger that could be worth £2billion. Genel has declined to comment.

New Age (African Global Energy) Limited Presents at 12th Africa Independents Forum 2015, May-27-2015 09:20 AM

New Age (African Global Energy) Limited Presents at 12th Africa Independents Forum 2015, May-27-2015 09:20 AM. Venue: The Waldorf Hilton Hotel, London, United Kingdom. Speakers: Stephen J. Lowden, Chairman, Chairman of Compliance, Governance & Reserves Committee and Member of Compensation & Nomination Committee.

Bowleven Completes Farm-Out with LUKOIL Overseas West Project Ltd and New Age (African Global Energy) Limited

Bowleven announced the completion of the Etinde farm-out transaction and to confirm receipt of the initial $165 million cash proceeds (excludes estimated $5 million working capital adjustment). The farm-out transaction comprised the sale of 30% and 10% interests in the Etinde Permit to LUKOIL and NewAge, respectively, in return for a total consideration of approximately $250 million.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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