Nostra Terra Oil And Gas Share Discussion Threads

[talais] 25/1/2021 07:28

Wait till they get a bigger pump!!!In January the well was completed and put into continuous production. It is currently producing at a steady rate of 100 bopd, limited by pump capacity and surface equipment and with no water cut. While this rate is above expectations, given the strong performance the operator will review seeking authorisation to increase production further. NTOG have a 32.5% working interest in this well (32.5 bopd before royalties) and any future wells in the farm-out area.

[neilyb675] 25/1/2021 07:27

Look at the M/cap, and then look at what just got announced. This is BIG news. A massive jump in production.

[neilyb675] 25/1/2021 07:08

100 BOPD (32.5 BOPD) to NTOG.

This is a massive success.

[neilyb675] 25/1/2021 07:08

Given the positive result of this well, the Company expects an increase in its proven reserves. The Company hasn't previously booked any reserves for this acreage or any of the additional undrilled acreage on its Pine Mills oil field. The technical team is currently reviewing seismic data and logs to select the next two drilling locations. When the tank battery was built for the current well, two additional 400-barrel tanks were added to facilitate future production.

This area benefits from conventional clastic reservoirs which typically have shallow, predictable declines and long-life production profiles and reserves. Operationally the wells and completions are relatively simple, minimising well intervention costs and reducing opex to a level where we anticipate lifting costs of less than $10/bbl.

Further updates will follow regarding reserves and operations.

[ships250] 24/1/2021 14:15

#NTOG So a 4 million buy trade went through at 15.58 price 0.69625, not all bad news today, still need the drilling and production scores on the doors please Matt.??Matt - That will come, but we're not stopping there! #NTOG

[ships250] 24/1/2021 14:12

Following matt on twitter now, few of his recent comments....What do Nostra Terra shareholders think happens if Biden Administration tightens down on shale (unconventionals) like he said?1. What happens to oil price?2. What happens to value of conventional assets?Don't underestimate the value of conventional assets. #NTOG #Oil #OOTTHad a bit of rain (and even snow last weekend) which slowed down the completion at the end. It's up and running now and we're very happy about everything to this point. Production rates and more news to follow. Looking forward to the rest of Jan, Q1, and H1. #NTOG

[cgod] 24/1/2021 13:23

LSE Terminator101, We will see, time will tell.

[cgod] 24/1/2021 08:07

So we have 4 x 400 barrel drums in place at Pine Mills, running and productive, If they were emptied out every 2 weeks, the well could be producing 106 BPD, To Nostra it could be worth 34 BPD, just think what that does to the numbers.

[benny shares] 23/1/2021 21:54

They're got bigger buckets than I have! Let's hope they are draining them quicker than they can fill them

[cgod] 23/1/2021 12:54

Should get news next week then.

[ships250] 22/1/2021 17:13

https://twitter.com/NTOGplc/status/1352508261325529088?s=19A busy time for Team #NTOG with the new well at Pine Mills now online and producing......Updates to follow on production, reserves, and more. https://t.co/vj3ifBjGhr

[1bluehorseshoe] 22/1/2021 08:15

Joe having an effect already on Federal land, see 88e. We don't have such issues

[dyardley] 21/1/2021 15:00

Someone mentioned the could be commission free trades from the app robinhood

[cgod] 21/1/2021 13:35

A bit thick I am, any one tell me what all the small buy trades are?

[cgod] 21/1/2021 13:02

I agree with Blue, Matt has not given out any drilling or production update out yet, more holes to drill ,more production at a high price, may be a good take over target now at a low market cap?

[1bluehorseshoe] 21/1/2021 10:48

Along with the new investment at .5 plus those warrants at .85 ntog is awash with cash, something is brewing

[neilyb675] 21/1/2021 10:29

how long have you got ?

[marmar80] 21/1/2021 10:27

Can anyone list ALL the remaining warrants and options as of today?

[topicel] 21/1/2021 10:16

That's Trumpism for you. Anything goes.

Imho we knew these warrants were to be covered, it is now done and all the built up potential and oil price gains can see exactly where the share price goes from here.

That remains the biggest factor in 2021. No reason why 2.5p can't be reached once Biden gets going and the QE and printing of dollars drive commodities higher and higher.

Topicel