Nostra Terra Oil And Gas Share Discussion Threads

[monis] 19/4/2022 08:34

little move up

[werdnado] 18/4/2022 20:43

I`d love it!

[iloveit] 18/4/2022 20:16

If 10p offer comes in would you be surprised?

[jungmana] 18/4/2022 16:44

We may be producing 300+bopd in a few months ;"We're excited to get started so quickly at Grant East, which we believe has the potential to be a bigger contributor to the Company's net production than Pine Mills where we had our recent success with the Fouke 2."

[monis] 18/4/2022 06:52

With everything discussed above and oil rising again it would be great to get an update on the well this coming week.

[werdnado] 16/4/2022 21:50

Big news week coming with the new spud plus flow rate for F2.

[royalalbert] 16/4/2022 11:43

Yep would have been easier to have called it F1.

[officerdigby] 16/4/2022 11:40

OK found it.. is was 100popd. But farmed to 32.9% free carry. No drops early on.This one should be higher flow.It was not called F1.initially

[officerdigby] 16/4/2022 11:29

Where to find out about production at F1 now and historical.Thanks

[royalalbert] 16/4/2022 10:40

People a bit of maths.

Q4 production 10885 barrels at $70, total revenue $767000.

Lets say 10885 at $83 for Q1 2022, total revenue $903445, conservative production and a conservative oil price hopefully.

Now once F2 comes online production will, by conservative estimates 119bopd plus F2 at 30bopd at $93.

Total per month 149 x 93 x 30 = $415710.

Lets go for the year production keeping same figures $415710 x 12 = $4,988,520.

Remember I think I'm being conservative with production and pricing, also with no more added wells. But at a market cap of £4.33m we seem to be well (excuse the pun) undervalued by the market, even with some of the more undesirable RNS's in the past.

[royalalbert] 15/4/2022 16:27

Cash flow positive as well, ducks lining up.

[jungmana] 15/4/2022 11:32

In the recent Q4 report the revenues was about $770k at $70 per barrel of oil achieved in that quarter. With oil at $100 revenues will be over $1 million for Q1 on 118bopd net production.

[jungmana] 15/4/2022 09:35

Based om oil reserves and current production of about 120 bopd alone the market cap is low at just GBP 4m right now. The company should be at least double that in valuation with oil over $100.Then comes the F2 production next week and 3 more wells being drilled in the short term. We could more than double our production by September.2 to 3p target by end of year for me.

[idriveajag] 15/4/2022 08:14

WTI Crude price now $107.NTOG will be raking in the money.

[werdnado] 14/4/2022 22:25

Could easily double our production and more this year

[monis] 14/4/2022 22:01

news next week should be interesting...

[werdnado] 14/4/2022 21:34

This is getting very exciting here. Still only $4m market cap

[royalalbert] 14/4/2022 19:51

WTI approaching $107, money will be rolling in shortly from the new well.

If we receive 30bopd (100$ a barrel) that's an extra $1,095,000 in income, expecting more than 30 but being conservative.

Other wells to be drilled both by us and also partners, on top of the already producing wells makes for a very compelling case here.

Fair value anyone?

[monis] 14/4/2022 10:04

That rns will be interesting.

[royalalbert] 14/4/2022 10:03

Agree with that Monis, remember another RNS will land in the next week.

[monis] 14/4/2022 09:58

We are going to get a lot of news for the next 12 months, doesn't really make sense to sell straight away.

[jrlomax] 14/4/2022 09:56

Hardly moved on the excellent news, wonder if some warrant holders are forward selling

[monis] 14/4/2022 09:55

10m share buys so far today.

[jungmana] 14/4/2022 09:38

A nice 2 million buy there