Nostra Terra Oil And Gas Share Discussion Threads

[cgod] 29/1/2021 08:00

Not ramp, just comments buddy, just had a placing, cash flow pos, money in the bank, what more could you ask for? good luck. DYOR

[ammu12] 28/1/2021 23:11

Not being silly. Defo a placing coming here....Screenshot this post.What kinda ceo spends most day ramping the share price rather than working....

[cgod] 28/1/2021 16:16

Enjoy.....

[neilyb675] 28/1/2021 09:11

from helpful (on LSE):

So to come we have:

1. Removal of the limit on the new well.
2. 2nd new well at Pine Mills farm-in, maybe May/June
3. Improvements at Caballos Creek
4. Update on the Permian Basin farm-in
5. Whatever new deals he is working on.
6. Updated reserves report.
7. Maybe new farm-ins at Pine Mills?

ML can push on now that he knows he is cashflow positive.

[cgod] 28/1/2021 07:48

Ammu12, dont be silly, just sit back and enjoy the ride.

[ammu12] 28/1/2021 07:26

What was the point of this rns?Someone is trying his best to ramp this ?Defo placing next

[neilyb675] 28/1/2021 07:23

As the macro-economic environment continues to re-build and strengthen, Nostra Terra will seek to continue to grow cashflow, production and reserves through a combination of developing its existing assets and also expanding its portfolio. As previously mentioned, the Company continues to progress various opportunities at various stages, both in the USA and internationally. The unsolicited fundraise completed earlier this month (at no discount to the market share price) provides additional funds to achieve this.

Matt Lofgran , Nostra Terra's Chief Executive Officer, said:

"The primary goal for the Company over the past 12 months has been to become cashflow positive. This became increasingly difficult during the global economic downturn brought on by the Covid-19 pandemic, simultaneously bringing on an oil price crash. We've seen a record number of bankruptcies during the same period. The Board worked diligently to not only survive the downturn, but to reposition the Company to be in a stronger position. We're pleased to be able to announce today that we've reached this milestone.

During the downturn we've also worked on multiple opportunities to expand our portfolio, in the USA and in other developed oil and gas provinces. Our goal with this has been to add to our existing foundation assets with large multiples of upside in potential reserves and production, while still sticking with assets that are substantially de-risked. To help achieve this we have capital from the recent fundraise, free cashflow from production and our Senior Lending Facility. We look forward to updating shareholders on progress in these various areas."

[neilyb675] 28/1/2021 07:22

The Company is now cash generative at the corporate level including meeting our monthly debt repayment obligations. Having now completed the December accounts which included production of net 103 bopd, the Company achieved positive cashflow in December 2020. In January 2021 Nostra Terra announced the success of the new well at Pine Mills, adding a further net 32.5 bopd (before royalties), an increase of approximately 26% in production net to the Company compared to December's figures. The Company's cashflow positivity is now a robust position, not simply dependent on the short-term oil price spike, but being first achieved in December where the spot price for oil (West Texas Intermediate, "WTI") was $45. January has proven to be stronger than December: oil prices have increased further and the new well at Pine Mills is now in production with its oil sales already commenced.

[1bluehorseshoe] 27/1/2021 08:36

Robin Hood going to burn any shorts with a squeeze same as GameStop

[markth126] 27/1/2021 08:13

Lots of strange size trades going through for 300ish at a time - over and over again???

[cgod] 27/1/2021 07:22

Looks like warrant holders plan to get a higher price.

[bump3r] 26/1/2021 22:16

Less warrants now than previously announced.Im sure Matts come from public sector where they have no concept of profit and loss or where the money comes from

[neilyb675] 26/1/2021 12:38

very low volume

[dyardley] 26/1/2021 11:55

Yeah fair enough

[1bluehorseshoe] 26/1/2021 11:53

He's American

[dyardley] 26/1/2021 11:49

But why is he trying so hard to pump the news via twitter

[neilyb675] 26/1/2021 10:01

“ #NTOG hasn't booked any reserves for this acreage or any of the additional undrilled acreage on its Pine Mills oil field. When the tank battery was built for the current well, two additional 400-barrel tanks were added to facilitate future production..”
11:24 AM · Jan 25, 2021·Twitter for iPhone

__________________________________________________________________________________

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 #OOTT
5:41 AM · Jan 22, 2021·Twitter for Android

[dyardley] 25/1/2021 13:08

What i have noticed about ML is he always leaves a loose end in the statements.Never ever lets you know the full picture

[cgod] 25/1/2021 07:45

Off the LSE, good job Matt got more Barrel cylinders then, party is just about to start. Good luck to all.

[neilyb675] 25/1/2021 07:39

lots of new bashers on parade I see....LoL

[ammu12] 25/1/2021 07:35

Wtf is this?Is Ntog a garage ? 15b/day