Nu-Oil and Gas is an independent oil and gas development and production company, who utilise appropriate development approaches to create value from undeveloped and mature oil and gas assets. Nu-Oil are building a portfolio of development and production assets with an emphasis on stranded and marginal discoveries which can be unlocked using cost-effective development solutions.
Nu-Oil target fields that have been thoroughly appraised and are located in basins with stable political and regulatory regimes; by doing so Nu-Oil is not exposed to the risks associated with frontier plays, particularly exploration and appraisal.
We continue to pursue the opportunities presented by our assets on and around the Port au Port Peninsula in Newfoundland, Canada and we will look to do so in a cost-effective manner.
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).
Further information regarding the company can be accessed in About Us; alternatively, if you would like to read more about our strategy and current assets, please see our Projects.