New World Oil & Gas down despite positive statement

New World Oil and Gas, a company focused on Belize and Denmark, suffered a decline in its share price on Thursday morning, despite delivering a generally upbeat statement.

New World Oil and Gas, a company focused on Belize and Denmark, suffered a decline in its share price on Thursday morning, despite delivering a generally upbeat statement.

The group said that operations in Belize are continuing as planned, with the Blue Creek #2A drilled to a measured depth of 10,195 feet as of January 7th. The proposed measured depth of 11,880 feet is expected to be achieved on or before January 20th.

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