Nostra Terra Oil And Gas Share Discussion Threads

[arsey] 21/1/2019 14:44

re determination of senior facility around the corner. to take in improved production at pine mills and Permian production. Don't expect a massive re-rate on the facility but it will all help.RC

[iloveit] 21/1/2019 12:30

Some heavy selling and buying going on as triggers probably getting set off.Call it a reshuffling of the pack if you like but new hands are probably in now.Wonder if institutional bets are getting involved now they seem bigger buys than normal.

[theaviator] 21/1/2019 12:22

Ntog usually delayed a bit Dabs. Id expect a nice steady news flow from here tbh

[dabs1969] 21/1/2019 11:13

It would be nice to hold a few days worth of gains, nice and steady to hold above 3p would be a great start

[theaviator] 21/1/2019 10:38

Beat buying the Ast placing but wtfdikCouldn't write it!

[theaviator] 21/1/2019 10:37

was just about to add that lol

[1bluehorseshoe] 21/1/2019 10:35

Brains more like.

[theaviator] 21/1/2019 10:34

Looks like some brawn arriving now

[1bluehorseshoe] 21/1/2019 09:30

Another 75k for me

[theaviator] 21/1/2019 09:27

Gap filled btw so free to move

[theaviator] 21/1/2019 09:16

What you rekon? Let the day traders out the way then get buyin?! ;)Hard to buy in quantity for some reason

[topicel] 21/1/2019 09:10

Exactly 1bhs. Matt has developed, and uses to the advantage of NTOG, his contacts within the local US oil industry. That BP hedge facility was the key when concluded in Sept 2017.

If we get the partner on board the associated costs in ramping up the value here are potentially halved and everyone is a winner. I particularly liked the last paragraph of Lofgran's comments:

" Matt Lofgran, Chief Executive Officer of Nostra Terra, commented:

"We're very excited to have such strong confirmation of the potential of the Mesquite Asset. The work that Trey has done on our behalf has been thorough and detailed. The volumetric map in particular could provide Nostra Terra with a crucial advantage as we develop this project.

The Report we received from Trey has helped us build a compelling investment case for Mesquite. We are especially encouraged by the NPV estimates and potential IRRs. The base case is built on conservative numbers and demonstrates a clear path to substantial value for a Company of our size.

Over the last two and a half years we have worked extremely hard to reposition Nostra Terra. Our focus was initially on building a foundation of producing assets that make money in a lower oil price environment. As we have said all along, we did this so that we could then introduce much bigger projects to the Company.

The Mesquite Asset is a perfect example of what we hoped to bring to Nostra Terra, where a single well has the ability to triple our current production, without the associated exploration risk. Now that we have the Field Development Plan based on initial assessment we will open discussions with potential partners, with a view to realizing considerable value at Mesquite."

Topicel

[oilbuy] 21/1/2019 09:05

8 x 0 = 0

[dabs1969] 21/1/2019 09:05

This is what we've all been waiting for, I've been here since 2009 and been praying for this type of RNS for years, I just hope our patience here will be rewarded, it's been one hell of a ride, one problem after another, then consolidation, but it's all looking good. I thought that I would never ever see a return on my investment but now, I think I might, I still think 32p for me to break even, might be to big of an ask.I invested a lot of my life savings, in the hope that it would do better here, than sat in the Bank earning nothing in interest, it was invested to hopefully pay for my daughters wedding, so I've never been in any rush, but she's growing up fast she's 17 this year, so I live in hope that it will come good in the end.

[1bluehorseshoe] 21/1/2019 08:50

Without the additional acreage

[theaviator] 21/1/2019 08:44

There are eight of em! Do the maths ffs

[1bluehorseshoe] 21/1/2019 08:31

If we didn't hedge, which isn't standard for a small company

[oilbuy] 21/1/2019 08:15

Initial production estimated at 265 bopd. The economic life of each well is estimated to be 20 years, with 100,000 barrels of oil produced in the first three years of each wellSneeky worded RNS. They also need to factor in a potential 10% discount to WTI which is standard practice.

[oilbuy] 21/1/2019 08:03

Decline rate of 66% .Looking at 100 bopd.I'd like to know what time scale Trey have factored into down time ?Good luck here. Don't forget to take profit !

[drmaccers] 21/1/2019 07:50

Just brilliant numbers for a company this size

[theaviator] 21/1/2019 07:46

Coffee and woodbine anyone?

[lukehold] 21/1/2019 07:31

No profit for 3 years at current oil prices

[drmaccers] 21/1/2019 07:14

What an RNS NPV10 $28mill vs Mcap of £3.94mill lolBagger?!