Nostra Terra Oil And Gas Share Discussion Threads

[1bluehorseshoe] 19/12/2018 10:02

Isn't it strange all the oilies dropping and yet we're hedged at 60us for the whole of 2019 with potentially a 20-30 increase in production and nobody buying! Hilarious how ignorant glory seekers are, come on Matt set it up for BP I'll be happy with two bucks a share.

[topicel] 19/12/2018 08:56

We now know why the BP hedging deal last year shifted the share price here.

We are on solid ground at $60 regardless of these crazy falls yesterday to $46 WTI - a slip of 33% since September no less. This is macro/cartel/Trump games and, as Matt says, will swing back again.

We make money on much of our production at as low as $30, with some producing a return on investment at 2:1 at $40. So we are covered and can progress with our Equity line and other farm-in approaches to jv Mesquite without any concerns for the main source of income.

My bet is the Permian will begin to consolidate and NTOG could suddenly be offered a nice cash injection for its licences and/or a straight buyout.

Remember last Xmas when Matt was suggesting other companies with what NTOG had were not available for under 50p...?

Topicel

[dabs1969] 19/12/2018 07:49

Interesting reading that guys thank you, one day we'll log on and this is going to fly.

[theaviator] 18/12/2018 22:16

Matt has just tweetedMatt Lofgran@mlofgran·35mReplying to @Ben_Turney and @marketsSome might take production offline due to that, oil will go up. Pendulum always swings both ways.Nostra Terra's assets make money at much lower oil prices. The new Mesquite asset is exciting too! More on that in coming weeks.#NTOG #PermianBasin #oil #AIM #OOTT

[theaviator] 18/12/2018 20:10

Oh and what we got here then...... Conocco hmmmmm Interesting v v interesting! https://www.dallasnews.com/business/energy/2018/03/28/dallas-oil-producers-8-billion-sale-price-could-spark-permian-basin-arms-race

[theaviator] 18/12/2018 19:48

If you also look at Matts tweets and read this then.......yumyumhttps://www.google.com/amp/s/www.cnbc.com/amp/2018/01/30/exxon-mobil-will-triple-production-in-the-permian-basin-by-2025.html

[theaviator] 18/12/2018 19:37

Over 50billion usd has been invested in Permian Basin alone over the past 12 months. No wonder Matt has had 4 approaches.

[1bluehorseshoe] 17/12/2018 16:46

A little education https://www.global.weir/applications/videos/fracking-explained/

[1bluehorseshoe] 17/12/2018 16:14

Nostra Terra's Board is encouraged by Trey's initial findings. Consistent with comparable oil fields in other producing areas of the Permian Basin, Mesquite is a high confidence prospect, supported by numerous commercial vertical wells surrounding the Prospect. As such, Nostra Terra's Board believes that once the Field Development Plan is complete, the Company will have a number of attractive options open to it to develop Mesquite. These options are likely to include a potential farm-in, partnering with an industry specialist or self-financing any drilling.

[1bluehorseshoe] 17/12/2018 16:12

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.

[1bluehorseshoe] 17/12/2018 12:50

Undervalued companies with sound fundamentals dude nothing to do with me

[theaviator] 17/12/2018 12:46

Cheers for that 1BH. I keep a tally of a few poster (very few!!) Did you realise you have 100% success rate in this sector over the past three years? Bloody well done mate.

[1bluehorseshoe] 17/12/2018 11:24

In the meantime, Trey has moved to the second phase of the FDP, which is to produce a report on the engineered economics for Mesquite. This will include a potential production type curve and well completion and cost estimates. Nostra Terra expects to receive the engineered economics report in the New Year.

[1bluehorseshoe] 17/12/2018 11:23

-- Average net pay thickness of over 60 feet across the target formation -- Estimated oil-in-place of 2.5 million barrels (MMstb)

[theaviator] 17/12/2018 10:38

Took another few. If peeps going to sell Ill just buy em lol

[theaviator] 14/12/2018 14:48

Looks like someone trying to get a little lower by selling small. V v silly.

[iloveit] 14/12/2018 10:28

More Oil Production near term is getting very exciting.

[topicel] 13/12/2018 16:16

Always been the case since the restructuring that shares in issue are low, and Matt has indicated that now NTOG is cash flow positive there is not much reason to issue more shares.

In fact, he was frank enough to say in the late summer that he had been approached by a bucket shop for a placing to grease some palms and refused. I recall Doc Holiday praising his stance. There are, I still believe, a number of ex-shareholders somewhat disgruntled with how they lost money here when oil price collapsed and the lights nearly went out. Confetti was used to salvage the company and some don't forget.

Nevertheless, outstanding deals or a chance to really spend on Egypt in a way that breaks the impasse there are the only reasons to expect any dilution now we have Mesquite to look forward to and equity lines to pay for it all. Even the rumoured partnering proposals would be a nice cash injection.

We'll see but short of another US/China spat - and the soy beans deal today by China seems to be smoothing all that over now - this can grow steadily from oversold. Back to 4p by Xmas is probable imho.

Topicel

[1bluehorseshoe] 13/12/2018 15:09

Yes Paul it was higher then as you say didn't realise it was as much as that. People need to grab em quickly as we only have 147m shares and the freefloat is shrinking

[topicel] 13/12/2018 14:54

That was simply an indicative option price too. At the time the shares were trading 65% higher than now and, frankly, the drop has been largely a result of the macro games between US and OPEC/Russia.

Big players took oil up to $75 WTI and back down to $48 and change in 3 weeks, while the glut, apparently, had been cleared. So how did there suddenly become an over-supply again?...

Especially to warrant another 1.2m bopd cuts. Go figure, as the Yanks would say. It is all smoke and mirrors and as Matt alluded to in his interview the only thing to do is to wait for the cartels to swing back the other way price-wise again to make their churn and hedge.

Luckily, one of the big news items of last year was the great BP hedge we arranged that has recently been used to retain $60 income for our core costs. Then, as others falter without such hedging Matt can find more bargains.

This is set to be a big gainer for anyone investing at these levels. 8p in June is no different now, just annoyingly it requires big buys and larger percentage gains to overcome the percentage losses.

Twas ever thus, but the building blocks are all there and the business just needs to build quietly and the rewards will come back.

Topicel

[1bluehorseshoe] 13/12/2018 12:46

4 June 2018Nostra Terra Oil and Gas Company plc("Nostra Terra" or the "Company")Award of Share OptionsNostra Terra (AIM:NTOG), the oil and gas exploration and production company, is pleased to announce an award of share options to certain directors, employees and consultants over ordinary shares in the Company of 0.1 pence each ("Ordinary Shares"). The award has been designed to only reward improved share price performance over the short and long term.Accordingly, the Board has approved the grant of an additional 11,500,000 new share options over Ordinary Shares ("New Share Options") with an exercise price of 5 pence ("Exercise Price"). The Exercise Price of the New Share Options represents a 30 per cent. premium to the closing mid-market price of an Ordinary Share on 1 June 2018.The New Share Options for the Board will only vest once the share price reaches 8 pence per Ordinary Share for 10 consecutive trading days, a 108 per cent premium to the closing mid-market price of an Ordinary Share on 1 June 2018. The New Share Options for employees and consultants will vest one year from the date of the award.

[geoffmanana] 13/12/2018 09:34

Thanks 1blue.

[1bluehorseshoe] 13/12/2018 09:29

Welcome Geoff, that's better than a bottle. Just clearing our hangover ready to see in the New Year.

[geoffmanana] 13/12/2018 09:08

I've joined the party 250k @2.4p.