Tag Archives : Blue Creek Exploration Ltd


New World Oil and Belize

New World Oil & Gas announced Tuesday that it has raised approximately $14 million to fund drilling in Belize and a 3D seismic program in Denmark. The junior oil firm raised the money on London’s Alternative Investment Market, where its stock is traded. New World, whose only assets are in Belize and Denmark, is focused on onshore projects in the two countries. The company said that the proceeds from a placing of 95.6 million new shares in the business would be used to fund the drilling of a third well at its Blue Creek Project in the Petén Basin in […]