Investor Centre

This section provides all information required by AIM Rule 26 in a single location. This section was last updated on 28 September 2018.

Description of the business

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.  

Board of Directors

Alan Minty (Executive Chairman)

Professor Mike Bowman (Non-Executive Director)

Frank Jackson (Non-Executive Director)

Tejvinder Minhas (Non-Executive Director)

Nigel Burton (Chief Executive Officer)

Damian Minty (Chief Financial Officer)


Meet the team

Board Committees and Terms of Reference
Audit Committee

The Audit Committee's mandate includes, among other duties and responsibilities: monitoring the financial reporting process and systems of internal control; monitoring the independence and performance of the external auditors; and, reviewing internal and year-end financial statements and other legal and regulatory filings for approval by the Board of Directors.

Committee members: Frank Jackson (Chairman) and Professor Mike Bowman.

Audit Committee Terms of Reference

Remuneration Committee

The Remuneration Committee's mandate is to set the over-arching principles, parameters and governance framework of the Company’s remuneration policy and the remuneration of Senior Executives.

Committee members: Frank Jackson (Chairman) and Professor Mike Bowman.

Remuneration Committee Terms of Reference

Nominations Committee

The Nominations Committee's mandate is to review the structure, size and composition of the Board and its Committees, and to review succession planning for Board and Senior Management. 

Committee members: Professor Mike Bowman (Chairman) and Frank Jackson.

Nomination Committee Terms of Reference

Country of Incorporation

England and Wales (Registration No. 6370792)

Articles of Association

Please click here for our Revised Articles of Association.

Corporate Governance and the Takeover Code

Nu-Oil and Gas plc is incorporated in England and Wales and is admitted to trading on AIM. As a result, Nu-Oil and Gas plc is subject to the UK’s City Code on Takeovers and Mergers.

Click here to access the Chairman's Corporate Governance Statement.

Company Secretary

David Lau

Email: [email protected]

Trading Information

Company shares are traded on the Alternative Investment Market ("AIM") of the London Stock Exchange ("LSE").

AIM Securities in Issue

Total number of securities in issue: 1,364,027,131

12,325,378 are held as Treasury Shares. 

Shareholders should use the figure of 1,351,701,753 as the denominator for calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. 

Securities in Issue not in public hands

2.3%

Significant Shareholders

Charles Tuthill - 5.32%

Restrictions

There are no restrictions on the transfer of the Company's securities.

Latest Financial Reports

Annual Report 2017

Annual Report 2016

Annual Report 2015

You can access all our published accounts in Annual Reports

Shareholder Notifications

Please click here for details of all notifications made in the past twelve months.

Admission Document

Please click here for our Admission Document.

Shareholder Circulars

Please click here for details of all reports and circulars. 

Nominated Adviser

Strand Hanson Limited
26 Mount Row
London
W1K 3SQ

Registrar

SLC Registrars
42-50 Hersham Road
Walton-on-Thames
Surrey
KT12 1RZ

Legal Advisors

United Kingdom

FieldFisher
Riverbank House
2 Swan Lane
London
EC4R 3TT

Canada

Stewart McKelvey
100 New Gower Street
PO Box 5038
St. John's
Newfoundland
A1C 5V3

Joint Brokers

Strand Hanson Limited
26 Mount Row
London
W1K 3SQ

Novum Securities Limited
8-10 Grosvenor Gardens
London
SW1W 0DH

Auditors

PricewaterhouseCoopers
101 Barbirolli Square
Lower Mosley Street
Manchester
M2 3PW

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Generating value from undeveloped discoveries and producing fields