oilwriter

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BUY NEW by oilwriter on 04 Sep 2014 23:45

Price at rating: 0.58, now: …

Oil developer New World Oil and Gas (NEW) is on track of growing its global portfolio following the purchase of a Kuwaiti company in a $1.38million deal.r r The firm, which currently holds assets in Belize and Denmark, is set to own a 60% economic interest through 49% shares in Kuwait’s Al-Maraam Al-Ahlia following the signing of a sale purchase agreement with the company’s shareholders.r r In January, New World received US$4.8mln from Niel and it is now been reported in Kuwait Niel Petroleum has completed its US$25mln investment in the AIM company,New World in return for a 75% stake in the oil and gas explorer which operates in Belize and Denmark. Niel Petroleum is to buy 2.19 billion shares in New World for USD25 millionr r “New World now looks forward to setting up operations in Kuwait and applying its expertise to developing Al Maraam’s full potential.”r r

Score: 88.75 ?

23:45:09 4 Sep 2014 0.58
08:16:08 5 Sep 2014 0.55
09:16:09 5 Sep 2014 0.58
10:17:08 5 Sep 2014 0.58
11:18:08 5 Sep 2014 0.61
12:18:12 5 Sep 2014 0.64
13:19:08 5 Sep 2014 0.62
14:20:09 5 Sep 2014 0.63
15:21:08 5 Sep 2014 0.62
16:21:10 5 Sep 2014 0.69
08:16:06 8 Sep 2014 0.70
09:17:05 8 Sep 2014 0.66
10:18:04 8 Sep 2014 0.65
11:18:05 8 Sep 2014 0.65
12:19:06 8 Sep 2014 0.68
13:19:07 8 Sep 2014 0.68
14:20:06 8 Sep 2014 0.68

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