Nostra Terra Oil And Gas Share Discussion Threads

[monis] 23/3/2022 15:32

Agreed, that should be very interesting as they sounded rather positive about what they had found in the relevant rns.

[royalalbert] 23/3/2022 15:23

New well flow cannot be far off.

[monis] 23/3/2022 13:56

Agreed all very strange! They must be raking it in.

[royalalbert] 23/3/2022 12:50

Wrong way though, ($113 WTI) crazy price compared to where it should be.

[monis] 22/3/2022 15:52

Looks like we could be on the move at last.

[monis] 22/3/2022 07:20

This was taken from the rns on the 23 feb 2022. With the present oil price we must be really bringing in the $ now.


"Revenue and production increased significantly in the fourth quarter and the Company has also made a great start on executing its plans for 2022 during the early part of Q1 2022.

In East Texas drilling is underway at Pine Mills concurrent with work to expand and improve the infrastructure.. While in West Texas planning is underway for our big push to increase production through a similar development drilling program there. Finally, the recent increase in commodity prices has confirmed our bullish price expectations and as a result we remain unhedged, selling production at market rates. I am anticipating a very active and profitable 2022 for NTOG and look forward to reporting on our progress in subsequent periods. "

[royalalbert] 21/3/2022 15:10

More undervalued by the hour $110 WTI, no hedge.

[royalalbert] 21/3/2022 08:11

Which makes this undervalued.

[idriveajag] 21/3/2022 07:15

WTI Crude now $107.9 per barrel.Looks like it will stay above $100 for the foreseeable future, meaning a lot more revenues to NTOG.

[city chappy] 18/3/2022 13:12

NTOG, 28/2/2022"Completion operations have commenced and the well will be cased and cemented through both pay intervals. Following this the pay sections will be perforated, the completion equipment run in the hole and then the surface production equipment will be put in place. The well will then immediately start producing into the surface facilities at the Fouke 1 location, which have been expanded to handle the Fouke 2 volumes.The impact of this well on oil in place and PUDs (additional proven locations) is currently under evaluation. An update will be provided to the market once this analysis has been concluded."

[royalalbert] 18/3/2022 11:40

How long to bring Fouke 2 into production, as the last RNS was 3 weeks ago, next week possible?

[idriveajag] 18/3/2022 08:45

Obviously the income will be rising significantly with higher oil prices. It will also be interesting to see the positive impact of Fouke 2 on their oil in place and additional proven locations analysis. I think this will come before the next quarterly production update for Jan to Mar, which I expect in May.

[royalalbert] 18/3/2022 07:31

That may be an understatement Monis, oil $105, no hedge at present.

[monis] 18/3/2022 07:27

Next income update should be a good read.

[idriveajag] 17/3/2022 23:17

Oil could reach $200/barrel by year end. Great for producer NTOG.hTTps://oilprice.com/Energy/Oil-Prices/Pierre-Andurand-Oil-Could-Jump-To-200-By-Year-End.html

[city chappy] 17/3/2022 14:35

They will be getting over $100 per barrel now, compared to $70 in Q4 2021, and over $1m per quarter revenue, which places them in a strong cash flow position and increases the value of their reserves.

[monis] 17/3/2022 12:07

oil back over $100.

[monis] 17/3/2022 07:38

yes perhaps we will get news soon. oil up today which is also good.

[city chappy] 16/3/2022 14:36

Seems likely they will now be flowing Fouke 2 and evaluating the,"impact of this well on oil in place and PUD's..(then)...An update will be provided to the market once this analysis has been concluded".NTOG, 28/2/2022"Completion operations have commenced and the well will be cased and cemented through both pay intervals. Following this the pay sections will be perforated, the completion equipment run in the hole and then the surface production equipment will be put in place. The well will then immediately start producing into the surface facilities at the Fouke 1 location, which have been expanded to handle the Fouke 2 volumes.The impact of this well on oil in place and PUDs (additional proven locations) is currently under evaluation. An update will be provided to the market once this analysis has been concluded."

[monis] 16/3/2022 11:41

Seems to be moving today.

[luckyabbeygale] 16/3/2022 08:00

If I had any funds over I be averaging down first thing now on the bell.

[monis] 16/3/2022 06:23

which is good for NTOG being an unhedged producer.

[monis] 16/3/2022 06:13

looks like the price of oil is rising this morning from that recent dip.

[city chappy] 12/3/2022 07:35

NTOG, 28/2/2022"Completion operations have commenced and the well will be cased and cemented through both pay intervals. Following this the pay sections will be perforated, the completion equipment run in the hole and then the surface production equipment will be put in place. The well will then immediately start producing into the surface facilities at the Fouke 1 location, which have been expanded to handle the Fouke 2 volumes.The impact of this well on oil in place and PUDs (additional proven locations) is currently under evaluation. An update will be provided to the market once this analysis has been concluded."