NU-Oil and Gas plc (NU-Oil) is an independent oil and gas company whose strategy is to build a diverse portfolio of assets with a strong emphasis on acquiring interests in stranded and marginal fields. The fields that we are targeting are producing or highly-appraised. NU-Oil and Gas has invested in the Marginal Field Development Company (MFDevCo), which has developed solutions that can significantly improve the economics of a project, and aims to develop a portfolio of assets utilising solutions delivered by MFDevCo and the Marginal Field Delivery Consortium.
In addition NU-Oil has pursued opportunities on and around the Port au Port Peninsula in Newfoundland, Canada.
NU-Oil and Gas plc
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