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 MFD Consortium.
In addition NU-Oil continues to pursue opportunities on and around the Port au Port Peninsula in Newfoundland, Canada.
The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions.
Enegi Oil Inc has working interests in Newfoundland through an onshore petroleum lease, PL2002-01(A) and one offshore exploration licence EL1070.
NU-Oil and Gas plc
If you have any queries, please contact us:
+44 161 817 7460
Or use our contact form.