Nostra Terra Oil And Gas Share Discussion Threads

[topicel] 13/12/2018 09:01

I only ever post when I am right :)

Hence that 8p is-a-coming...

Obviously no rush so like you are, to paraphrase Strictly, 'keep accumulating'. Lol.

This will spike like it did late December last year and continue with building news into 2019. Imho.

Topicel

[1bluehorseshoe] 13/12/2018 08:49

In simple terms we're currently pumping 109 bopd and mesquite is likely to pump 200-300 bopd per well up to a maximum of eight wells. That's a tripling of our production on one new well.Btw don't tell anyone but there's likely to be news on Egypt early next year.

[theaviator] 13/12/2018 02:52

Does in nominee accounts 1bhs. No need to worry with ISA or SIPP. Please don't get me wrong as its not a ramp but genuinely this has buy out written all over it imho Need to get a few more into my SIPP also

[markth126] 12/12/2018 23:00

If Egypt comes into play all bets are off!

[1bluehorseshoe] 12/12/2018 20:58

RNS 22 October o Target initial production 200-300 barrels of oil per day ("bopd") per horizontal well based on analogous regional drillingPaul, you're absolutely right so multiply by eight wells it is absolutely significant.Nice to have people questioning and posting My apologies

[1bluehorseshoe] 12/12/2018 19:58

https://total-market-solutions.com/2018/12/10/london-listed-opportunities/

[1bluehorseshoe] 12/12/2018 19:57

Nostra Terra Oil & Gas (NTOG)Nostra has fallen from highs of 5.5p this year to its current 2.35p despite delivering continuous production growth and establishing its position in the Permian Basin, one of the world's hottest oil plays. With the firm recently announcing a considerable increase in its Permian position and a change in strategy that will see it use the potentially highly-effective technique of horizontal drilling, its prospects are looking bright.It will be interesting to see how the market reacts when the company releases a field development plan for its newly acquired Mesquite prospect, as this could represent a real line in the sand. After all, the business expects the opportunity to increase its production by multiples.

[1bluehorseshoe] 12/12/2018 19:16

I've put high sell orders on my stock here. Stops your stock being borrowed for shorts. GLA

[theaviator] 12/12/2018 15:16

Well well well...... literally!;)

[1bluehorseshoe] 12/12/2018 15:13

Ask him on Twitter Paul, won't be so confusing then?

[1bluehorseshoe] 12/12/2018 15:09

Important in that context Paul but either is fine, it's all about the asset valuation. I'm sure you know he still has 21 drill ready pads too. I wonder why he's building an asset?

[topicel] 12/12/2018 15:06

Bluehs, re your 2849, wasn't it supposed to be 2-300 bopd per horizontal well?

In other words, 8 wells could garner 2,400 bopd? Or did I have that wrong from the last RNS announcing the purchase of the Mesquite lease?

Rather important!

Topicel

[swearengen] 12/12/2018 14:23

MM overhang has been cleared. Buys will start to push this up now.

[1bluehorseshoe] 12/12/2018 14:01

For the idiots on LSE Reflecting the competitive interest in regional horizontal oil plays, Nostra Terra has already received four unsolicited expressions of interest from potential industry partners wherein Nostra Terra would be carried by a partner in initial drilling costs. Although it is premature to advance any such discussions, Nostra Terra's Board believes this is a promising indicator for the future development of Mesquite.Before Nostra Terra engages in further discussion with any potential partner, the Board believes that it is important that Trey completes the Field Development Plan as the work can create significant value. Once Trey has submitted the volumetrics report, it will immediately start work on a second report, which will include engineered economics for Mesquite, and which will finalise the Field Development Plan. Nostra Terra will provide an updated timeline once the volumetrics report is released.

[1bluehorseshoe] 12/12/2018 12:45

Quick calcs, we're currently producing 109 barrels a day so 3270 per month, 1500 hedged at 60us and 1770 at market. WTI currently 53us pbl. Profitable at 30 so let's say 25 is break even, that gives us 1.2m us profit annually. We are cash flow positive and looking to add 2-300 barrels per day. Interesting

[theaviator] 12/12/2018 11:38

Just checking in as at work.Unbelievable rns!!!Expect as usual with NTOG will take a day to digest.

[1bluehorseshoe] 12/12/2018 11:06

https://total-market-solutions.com/2018/12/12/ceo-interview-matt-lofgran/

[swearengen] 12/12/2018 10:58

hxxps://total-market-solutions.com/2018/12/12/ceo-interview-matt-lofgran/

[1bluehorseshoe] 12/12/2018 10:48

We gapped up first thing so better to fill it now than have it haunting us later

[markth126] 12/12/2018 10:44

Well in for another 206k

[nitchers] 12/12/2018 10:06

Completely agree.

[1bluehorseshoe] 12/12/2018 10:04

About a year ago when the RNS didn't landed for the hedging facility we rose over 100%, i remember someone posting that they had sold out the previous day for a91% loss. Posted on LSE.

[1bluehorseshoe] 12/12/2018 09:59

The day is not yet 2hrs in, I'd expect a proper reaction in coming days, we don't want a spike

[nitchers] 12/12/2018 09:54

Let's be logical about this, the morning started with a 4.6% rise but after all the news from the RNS and these big buys instead of increasing the rise further, it has reduced it by 50% to 2.17%.

Can I request we all put our big pants on and say it's a disappointing reaction to good news once again.

[swearengen] 12/12/2018 09:53

Market makers selling stock they acquired over the last few days in the 2.20s