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NOILF On Other Exchanges
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OTC US
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new world oil and gas plc (NOILF) Snapshot

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new world oil and gas plc (NOILF) 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 owns 100% interest in the Blue Creek project comprising two oil concessions covering an area of approximately 315 square kilometers located in Petén Basin in northwest Belize. It also owns interests in the Danica Resources project that covers an area of approximately 1.67 million acres located in the Baltic region of southeast Denmark; and the Danica Jutland project consisting of two onshore oil and gas licenses covering an area of approximately 1.015 million acres located in Jutland, South Western Denmark. The company was incorporated in 2010 and is based in St. Helier, the Channel Islands.

Founded in 2010

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

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new world oil and gas plc (NOILF) Key Developments

New World Oil and Gas Plc Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

New World Oil and Gas Plc reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported loss from operations of $13,501,000 compared to $11,589,000 a year ago. Loss before taxation was $11,709,000 compared to $11,945,000 a year ago. Loss for the year was $11,709,000 compared to $11,945,000 a year ago. Basic and diluted loss per share was 1.67 cents compared to 1.94 cents a year ago. Net cash inflow from operating activities was $259,000 compared to net cash outflow from operating activities of $13,157,000 a year ago. Payments to acquire intangible assets was $263,000 compared to $1,662,000 a year ago.

New World Oil and Gas Seeks Acquisitions

New World Oil and Gas Plc (AIM:NEW) is looking for acquisition opportunities. New World Oil and Gas will use the proceeds of the Placing and Open Offer to pursue farm-in and/or acquisition opportunities for oilfield enhancement and reactivation projects and to fund initial work programmes to generate early cash flows.

New World Oil and Gas Plc, Special/Extraordinary Shareholders Meeting, May 19, 2015

New World Oil and Gas Plc, Special/Extraordinary Shareholders Meeting, May 19, 2015., at 13:00 GMT Standard Time. Location: 44 Esplanade. Agenda: To allot ordinary shares of no par value in the company to rise up to GBP 6 million without the application of Article 2.8 of the Articles; and to grant the directors the authorization to issue warrants to the directors.

 

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