New world Oil Gas, has been granted approval to s
Post# of 39368
Posted On: 09/10/2012 6:18:28 PM
New world Oil & Gas, has been granted approval to start drilling in Northwestern Belize. A large rig capable of drilling to 15,000 feet arrived on 09/08/2012 and will be assembled. The company will begin drilling 10/01/2012 and has concession rights in Blue Creek. Interesting video, the chief engineer or geologist believes much larger deeper fields than in BNE's play. Hopefully things are loosening up with the GOB.
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