New World Oil and Gas (NEW) Share Price, News & Analysis

New World Oil and Gas Plc is an oil and gas operating company. The Company's principal activities are to acquire a portfolio of direct and indirect interests in exploration, development and production oil and gas assets that are based in the Americas, Europe and in other areas. The Company's segments include Corporate and Exploration & development. The Corporate segment includes general business development. The Exploration & development segment includes the Company's oil and gas exploration operations. The Company's geographical segments include Denmark, Belize and Jersey. The Company holds working interest in the Blue Creek Production Sharing Agreement (PSA) in Belize. It intends to drill a well on the C South Prospect, which is located in the eastern part of the northern license block. Its subsidiaries include Gaia Resources Limited, Emery SARL, New World Oil and Gas (Belize) Limited and New World Oil and Gas (Belize) Operations Limited.