Can't be as bad as NWO....... We do need oil from
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We do need oil from Belize......
New World said that negotiations over possible farm-out deals, for both sets of assets, are ongoing.
It also confirmed today that all the current year expenses relating to the wells in Belize were written off in the second quarter.
The pre-revenue explorer reported a US$9.5mln loss for the six months to June 30.
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