Nostra Terra Oil And Gas Share Discussion Threads

[bidmsa] 29/11/2016 08:16

100% plus today

[bidmsa] 18/11/2016 12:31

what happening with the JV 25% STAKE IN EGYPT.

ANY NEW ON PAYMENT.

[chinese investor] 18/11/2016 11:54

GO GO GO HORSEY !

[chinese investor] 18/11/2016 11:13

Solid Accumulating !

[chinese investor] 17/11/2016 16:31

Great purchase at the close !

[chinese investor] 17/11/2016 15:57

I sense 10p !

[michaelsadvfn] 17/11/2016 15:56

Lots of private investors are buying these on a monthly basis, and the amount of stock available to the general public is, piece by piece, slowly falling....

...allegedly.

[chinese investor] 17/11/2016 15:53

GO GO HORSEY !

[chinese investor] 17/11/2016 15:50

Reassuring RNS !

[johndee] 03/11/2016 23:03

IRG is stronger than this.

[dabs1969] 03/11/2016 12:31

I'll be long dead before this ever gets to my now new consolidated price of 32p per share. Maybe it's something I can leave in my Will...

[bump3r] 03/11/2016 12:25

It's a start!

[andy] 03/11/2016 12:16

Dabs,

LOL!

So if profitable at around $30, they could make around $30 per day at WTI = $45.

I make that around 5 years 8 months payback, so you have to hope the workover is successful!

And at what will the workover cost be?

It's so cheap even punters here could have bought that well!

[dabs1969] 03/11/2016 10:51

Lol we have more oil in our local Chippy......

[chinese investor] 03/11/2016 09:33

The leases currently produce, in aggregate, approximately 2 barrels of oil per day gross !

[daniel levi bmd] 28/10/2016 17:56

Yep cracking piece of analysis..... Lofgan is a barefaced liar.

[geseppe] 28/10/2016 16:27

When is a Short Not a Short

Answer

When it’s a Lofgran T20

Well that’s how he describes the Shame full Director dealings between Himself and Y A Global Master’s, when he needed to Borrow Money to finance his greed.

When the Stock appeared on the FCA Shorting List, Lofgran was asked to explain why his shares were being allowed to be shorted by Yorkville, His Answer, “ its not a Short it’s a T20 Trade” his explanation in an email that follows confirms this

[15:58:10] ---------- Why do they notify the FSA of a short position if they are settling T-20s?
[15:58:35] Matt Lofgran: New requirement by FSA.
[16:00:31] Matt Lofgran: The company requests a draw down, YA sells, at the end of the period the company transfers the shares to YA. YA is neutral without any shares at end of transaction. They make their fee, the company issues RNS about draw down/issue shares/funds raised.



That reminds me, I did ask Matt the other day...

14:05:57] --------- Hi Matt.
14:06:09] ---------: Did you say that the YA loan had been settled?
23:35:51] Matt Lofgran: yes
23:36:04] Matt Lofgran: months ago
07:13:24] ---------: I wondered wy we never got an rns on it?
07:34:38] Matt Lofgran: The loan isn't RNSable, the transfer of shares is. I haven't transferred them back yet. Been in closed periods.
07:39:15] ---------: When will that happen?
07:39:44] Matt Lofgran: Can't say.

So when did the FSA as described at the time of email, change the rules on disclosures for T20 Trades?

And why would they be on the FSA Website as a Short?

Why did Lofgran or Y A Global not remove them when challenged about them in 2012/2013 when Ntogs Share Price and Lofgrans Credibilty was being Questrioned.?

Was it just arrogance as usual from the one whom thought he could not be Challenged

Why, when he was challenged by certain BB posters on LSE to explain the situation did he get them and their posts removed from LSE.

Answer,

because he was lying and he was in a corner, so he continued to lie and sought the Help of serial Bloggers and pump and Dumpers along with now disappeared BB Disciples to wash the BB’s of the very posts that were challenging him.

So come on FCA explain what the Rule Change was and put us all in our minion places.

And finally there is one big discrepancy here and it is

Why would the Company Request a Drawdown on a Personal transaction by Lofgran and Y A Global?

[chinese investor] 15/10/2016 11:48

From February 2016 :-

Nostra Terra said the permitting process for its Paw Paw prospect in Wyoming is underway and anticipated to be complete within weeks.
It also warned that its drilling deadline could be extended beyond summer 2016.

"The prospect is located in Big Horn County, Wyoming and could hold as much as 7.3 million barrels of producible oil, per Haas Engineering (3rd-party reservoir engineer).

"Of that total, NTOG would own as much as 5.84 million net barrels in probable and potential reserves, under the terms of the agreement."

[chinese investor] 15/10/2016 11:39

Fourth Quarter Of 2015.

East Ghazalat - Egypt
Net Production of 15,400 barrels of oil
Attributable Revenues of £160,000

The average realised price for Q4 was $40.59 per barrel

In October 2015 the JV acquired a 50 per cent interest in the East Ghazalat concession in Egypt ("East Ghazalat") for £1.6 million, operated by North Petroleum ("the Operator"), a wholly-owned subsidiary of China ZhenHua Oil Co, Ltd, a Chinese state-owned oil company.

The effective date of this acquisition was 1 July 2015 and accordingly NTOG has reported its production and revenues derived from East Ghazalat from that date.

Unfortunately NTOG has yet to received the back proceeds of around £800,000.

[chinese investor] 15/10/2016 11:13

From the Accounts for the period ending 30 June 2016 :-

The debt of £2 million has recently been paid back.
NTOG received £1.4 million for the Chisolm Trail.
NTOG should receive monies of around £800,000 for Egypt back payments.
NTOG raised £250,000 in July 2016.

Annual admin expenses are £222,000.
Operating costs have been reduced to a few thousand pounds annually.

Therefore 2.6p Soon !

[chinese investor] 14/10/2016 11:41

"Nostra Terra (AIM:NTOG) announces that yesterday, Matt Lofgran, the Chief Executive Officer of the Company, acquired 1.6 million ordinary shares of 0.1p ("Ordinary Shares") at an average price of 1.31 pence per Ordinary Share.

As a result, Mr Lofgran's holding in the Company is now 5,975,976 Ordinary Shares, representing 6.25 per cent of the issued share capital.

Mr. Lofgran is also interested in options over 1,080,000 Ordinary Shares as previously announced and as amended for the recent share consolidation."

[andy] 14/10/2016 10:58

I'd say, 15% interest to pay on drawn down funds!

[chinese investor] 14/10/2016 10:38

IRG's RNS Was Game Changing !