New World Oil and Gas: Competent Person’s Report on Danica Resources Licence

New World Oil and Gas Plc (LSE:NEW) reported the Competent Person’s Report received from RPS Energy regarding the prospectivity of the Danica Resources Licence 1/08.

As quoted in the press release:

This covers an area totalling 6,420 sq km, and includes both onshore and offshore acreage in Southern Denmark in the productive Western Baltic region of the South Permian Basin (‘the Danica Resources Project’).

Click here to read the New World Oil and Gas Plc (LSE:NEW) press release.