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Oil Capital
EPIC: NUOG
Market: AIM
52-week High/Low: 0.94p / 0.06p
Sector: Energy
Market Cap: 3.88M
Phone: +44 (0)1618 177 460
Address: 44 Peter Street, Manchester M2 5GP.
Website: www.enegioil.com

Nu-Oil and Gas is an independent oil and gas company. Current operations are focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada and the Clare Basin in County Clare, Ireland.

The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions. The Clare Basin is located in western Ireland and initial technical studies show that it has the potential to contain shale gas.

Our mission is to drive value through the identification and acquisition of oil and gas assets that can be rapidly developed into production.

Nu-Oil and Gas is traded in the ISDX Exchange HERE

Enegi is an independent oil and gas company. Current operations are focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada, the Clare Basin in County Clare, Ireland and the North Sea, UK.

The group’s working interests in Newfoundland are held through its principal operating subsidiary, Enegi Oil Inc (formally called PDI Production Inc or PDIP), and consist of an onshore petroleum lease, PL2002-01(A) and one offshore exploration licence EL1070. Our working interest in Ireland is held through an onshore petroleum licensing option, ON11/1. Enegi’s interest in the UKCS currently consist of Block 221/12b containing the Phoenix Discovery.

Enegi also has a strategic partnership with ABTechnology with the aim of leveraging relatively low cost buoy technology to unlock value in offshore hydrocarbon assets that are considered marginal and sub-economic based on the application of conventional development methods

Nu-Oil and Gas is traded in the ISDX Exchange HERE

Nu-Oil and Gas

www.enegioil.com

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Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
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