- NU-Oil & Gas has completed a placing of new shares to raise £1.1m in total before expenses. It placed 100m new shares at 1.1p each.

Proceeds would be applied to general working capital and specific costs to assess and secure identified projects as part of the Company's marginal field strategy in conjunction with the Marginal Field Development Company Ltd, in which it has a 50% stake.

At 9:33am: [LON:NUOG] Nuoil And Gas Plc share price was 0p at 1.37p

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