About Us

Who we are

Nu-Oil and Gas is an independent oil and gas development and production company.  We identify and assess undeveloped or mature oil and gas assets which can deliver significant value using alternative development approaches. 

Nu-Oil will hold equity interest in oil and gas production licences either directly or through its subsidiaries and where appropriate, we will operate assets.  

Incorporated in UK as Enegi Oil plc. in 2007, Nu-Oil is headquartered in Manchester and is listed on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE) .   

Group Structure

Nu-Oil has 100% ownership of Enegi Oil Inc., a Private Limited Company registered in Canada, which owns exploration and production licences in the Port au Port Peninsula, located in Western Newfoundland.

Nu-Oil has a 50% shareholding in Marginal Field Development Company Ltd. (MFDevCo), with RMRI Ltd., a company controlled by Alan Minty, holding the other 50%.  MFDevCo will develop Nu-Oil's stranded or marginal field projects with the Marginal Field Delivery Consortium, a group of world class oil and gas specialists MFDevCo established in 2015, who will manage the delivery, operation and decommissioning of Nu-Oil's projects, on behalf of MFDevCo.  Please click here for further information on MFDevCo and the Consortium.

Nu-Oil uses local subsidiaries and special purpose vehicles as required to develop and operate projects. 

Where We Operate

Through subsidiary Enegi Oil Inc., Nu-Oil has working interests in two assets located in the Port au Port Peninsula, Western Newfoundland - onshore petroleum lease, PL2002-01(A) and one offshore exploration licence EL1070.  

Through MFDevCo, Nu-Oil is pursuing a number of marginal field opportunities which will deliver significant value.  These opportunities are located in varied jurisdictions around the world.

Further information on our current assets and stranded or marginal field targets can be found in the Projects section.  Alternatively please see our company news for our latest operational updates. 

Our Team

Alan Minty

Alan has over 30 years’ experience in mining, petrochemicals and the oil and gas sectors. He commenced his career with Anglo-American in Zambia & worked in Saudi Arabia for Occidental before becoming a risk advisor for the Norwegian Petroleum Directorate in 1979.  Since then he has worked on major contracts for clients such as Mobil, BP, Amerada Hess, Shell, Texaco and, in Newfoundland, on the Hibernia, Terra Nova and White Rose projects.  Alan has a BSc in Mechanical Engineering, an MSc in Management Studies and is a Chartered Marine Engineer.

Tejvinder Minhas

Tej is a Chartered Secretary and has over 19 years’ experience in the oil and gas industry. He has extensive experience in commercial, financial, legal, and governance matters.  Prior to joining, Tej worked as a Commercial Manager within the oil and gas sector.  He holds a BSc in Economics, a Graduate Diploma in Law and is a Fellow of the Chartered Institute of Company Secretaries.  On 3 July 2017 Tej moved from his role as Executive Director to a Non-Executive role on the Board.

Frank Jackson

Frank has over 20 years’ experience in the oil and gas sector where he has raised significant funds, taken companies to market and negotiated hydrocarbon asset transactions.  Most recently, Frank was the Executive Commercial Director of Aurelian Oil and Gas which during his association with the company raised over C$100m.  Frank has an MBA from the University of Cape Town and is a Fellow of Chartered Institute of Secretaries and Administrators. Chairman of the Audit Committee and Remuneration Committee, and member of the Nomination Committee.

Professor Mike Bowman

Mike Bowman retired from BP in 2011, taking a part-time Professorial Chair in Development & Production Geology at the University of Manchester until 2015.  He has recently returned to the UK following two years in Qatar, where he was Chair of the Petroleum Engineering Programme at Texas A&M University.  He continues to hold an Honorary Visiting Professorship at the University of Manchester.  In 2012 he was the President of the Petroleum Exploration Society of Great Britain, an eminent group with a membership of over 5,500.  At his retirement he was BP’s Functional and Global Head of Geoscience and also Major Capital Projects Appraisal.  He is an expert on integrated reservoir description and prediction and how this is used to better develop and manage subsurface oil and gas reservoirs.

Damian Minty

Damian is a Chartered Accountant with over 15 years' experience in the oil and gas sector.  His initial experience was as an auditor in a large accountancy firm before moving to London to work at JP Morgan and Deutsche Bank. Damian was the Commercial Manager of Enegi Oil after the IPO before taking over as Chief Financial Officer in 2009.  He holds a BSc in Computer Science and Management Studies.

Nigel Burton

Nigel has over 25 years’ experience in operational and financial management, debt and equity financing, acquisition and integration of businesses, disposals, IPOs and trade sales.  Following over 14 years as an Investment Banker at leading City institutions including UBS Warburg and Deutsche Bank, including as the Managing Director responsible for the energy and utilities industries, Nigel has spent 15 years as CFO of a number of private and public companies, including Navig8 Product Tankers Inc, PetroSaudi Oil Services Limited, Advanced Power AG, and Granby Oil and Gas plc.  Nigel is a Chartered Electrical Engineer (FIET) and a Past President of the IET. He has a B.Sc. (First Class Hons) in Electrical and Electronic Engineering and a Ph.D in Acoustic Imaging at University College London.

David Lau

David has over 15 years' experience in the oil and gas sector, where he initially worked in risk assessment and risk management of large scale offshore oil and gas projects for oil majors such as Exxon Mobil, Petro-Canada, Husky Energy, EnCana, BHP Billiton and Zakum Development Company before working as a commercial and legal services manager.  David holds an MEng in Chemical Engineering, a Graduate Diploma in Law and Postgraduate Diploma in Intellectual Property.  

Simon Bygrave

Simon Bygrave has extensive experience in the financial and oil and gas sectors. He started his career working for JPMorgan in London, where his main responsibility was in delivering training courses to improve the performance of individuals and teams, including new recruits, high-performing graduates and senior management.

Simon established Coactive Training Ltd. in 2005, a venture to provide financial products training across all asset classes which he expanded to include personal and team skills development; his main clients were JPMorgan, HSBC, Morgan Stanley, Deutsche Bank, Barclays Capital and Royal Bank of Scotland.

In 2013, Simon took up a post in an engineering consulting practice operating within the oil and gas sector and based in Aberdeen. His responsibilities related to training and general marketing of the company’s services which enabled him to add a wide network of relationships across the oil and gas sector to those in the financial sector.

Simon, who has a degree in Business, Finance and Economics, joined Nu-Oil in 2017 as Director of Communications to manage investor relations.

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Generating value from undeveloped discoveries and producing fields