New World Oil & Gas
New World Oil and Gas plc has a defined investment strategy focussed on acquiring interests in oil and gas companies that are under-performing, undeveloped and undervalued.
The Company is initially focussed on opportunities in Central America and Eastern Canada, with a particular focus on the Peten Basin located beneath the Yucatan Peninsula in Belize, where the Board believes that significant opportunities exist. In the longer term, the Board will also consider assets in Europe, South America and the Middle East with a view to building a significant oil and gas exploration and production company.
The Board has extensive experience in the oil and gas exploration and production arena and a strong network of contacts in the sector which it intends to utilise to fulfil its investment strategy to create shareholder value.
New World Oil & Gas - March Interview with Bill Kelleher
Written by MiningMaven
For those as yet unfamiliar with the New World Oil and Gas story, the company listed on AIM in May 2011 with a defined investment strategy focussed on acquiring interests in oil and gas companies that are under-performing, undeveloped and undervalued.
They have got off to a flying start with projects in Belize and Denmark already under their belt. Now, having raised sufficient funds to cover an initial drilling campaign in Belize they are preparing the ground to move forward at an advanced pace.
At this exciting stage for the company, Chairman & CEO Bill Kelleher gives MiningMaven this exclusive interview to bring investors up to date with the Company's recent developments.
New World Oil & Gas - Considering all options for Belize
Written by MiningMaven
In this exclusive MiningMaven podcast interview, Bill Kelleher CEO of New World Oil and Gas, takes time out of his busy schedule in Belize to speak to investors and discusses some of the options available to the Company for progressing their operations in here.
The way we see it, with the newly set up virtual data-room, and now with "majors" eagerly knocking on the door, this is obviously a big boys game; and in order to achieve the optimum upside for shareholders, a thorough understanding of the rules of engagement is essential.
In light of this, Bill explains how Management's significant experience and knowledge of the "high-stakes" game of global oil & gas exploration and discovery will play a crucial part in guiding the Company's approach with interested parties.
This interview is essential listening for all investors and you can listen to the entire interview here:
(tip, it's a long distance call and, at times, the line isn't that great, but the sound quality will improve dramatically if you listen through your headphones or an earpiece)
Originally published in July 2011, this latest version includes subsequent updates.
Special Report UPDATE December 2011
Classical Greek philosopher Plato once said“the beginning is the most important part of the work”. Obvious this may be, but such profound sentiments are clearly applicable to companies undertaking an Initial Public Offering (IPO) and listing on the London Alternative Investment Market (AIM).
For what AIM lacks in regulatory terms, it makes up for by the intense scrutiny of a myriad of Private Investors looking and expecting to see progress right from the start.
As seasoned investors ourselves, we recognise that many, if not all IPO propositions claim to be great “ground floor opportunities”. But how many of these really do manage to live up to that initial claim? Probably not that many. That said, from time to time a compelling IPO story does come around and, as investors, we think we may have found one worthy of consideration!
New World Oil & Gas – Defining progress to date in Belize
Written by MiningMaven
MM: Can you briefly explain what geological knowledge the phase one seismic has yielded in terms of specific targets for phase two seismic activities?
WK: Phase one seismic helped us better understand the regional geologic setting. Moreover, we were able to directly correlate the productive interval in the upper Cretaceous dolomite sequence which produces in the Spanish Lookout Field directly into Blue Creek and under four structures on the block. It further helped us understand the fault orientation which has enabled us better understand the trap formation on the Blue Creek block.
New World Oil and Gas: Solid progress – an update interview with the board
Written by MiningMaven
“Doubt can only be removed with action”, said Johann Wolfgang Von Goethe, 200 years ago. This principle has remained constant throughout history and is of particular criticality for natural resource exploration stories where doubt, starting from a high level with all projects, has to be removed layer by layer until sufficient certainty exists to invest in production and encourage third parties to participate through advanced joint ventures and financing.
We spend our days trying to find action in Mining and Exploration companies listed on AIM. Some are very active, some less so and that is key, because inactivity can breed contempt when it comes to long term share prices and market capitalisations.
New World Oil and Gas: CPR confirms Danica Jutland prospectivity - CEO view
Written by MiningMaven
On Tuesday, New World Oil & Gas released news to the market detailing their highly anticipated Competent Persons Report (CPR) which confirmed the prospectivity of the Danica Jutland Project licences in Denmark; the company having signed a letter of intent re the acquisition of the project on 4 July 2011.
The company has become a firm favourite with MiningMaven readers and it’s easy to understand why; with its current market capitalisation of just £7.5m underpinned by around £5m in cash, an impressive pipeline of projects, an experienced and ambitious management team, committed to building shareholder value through making Oil & Gas discoveries (that’s discoveries, plural!).
Special Report July 2011
Classical Greek philosopher Plato once said “the beginning is the most important part of the work”. Obvious this may be, but such profound sentiments are clearly applicable to companies undertaking an Initial Public Offering (IPO) and listing on the London Alternative Investment Market (AIM).
For what AIM lacks in regulatory terms, it makes up for by the intense scrutiny of a myriad of Private Investors looking, and expecting to see, progress right from the start.
And amongst investors there’s also a healthy degree of scepticism surrounding the growing number of IPOs coming to market, with a not uncommon view that for some Directors, raising the initial funds and getting to market is the key accomplishment taken care of, whilst in reality, that is just the beginning.
In-depth interview with CEO Bill Kelleher
New World Oil & Gas (LON: NEW) joined AIM on 11th May 2011 promising an active programme of exploration and development. Since listing the company has released six operational updates and secured the acquisition of its first oil exploration licences in Belize, Central America.
The company has brought together a highly experienced board encompassing critical skills in the identification, assessment and development of prospective oil and gas assets. The board skillset encompasses extensive oil and gas experience, combined with in-depth commercial legal understanding, a blend of skills designed to suit an acquisitive, growing Natural Resource company.
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