Nostra Terra Oil And Gas Share Discussion Threads

[jungmana] 10/5/2022 08:08

Agreed is just about 10% dilution if fully exercised at 0.60p

[royalalbert] 10/5/2022 07:47

73m not that many in the big scheme of things, if they are shifting some with the 1m sells will not stay down here to long.

Remember not all warrant holders will sell at this low point, but instead hold for higher returns.

[jungmana] 09/5/2022 21:49

Not sure how much is actually left but here is the rns from 4 weeks back,;8 April 2022Nostra Terra Oil and Gas Company Plc("Nostra Terra" or "the Company")Extension to Exercise Period for Placing WarrantsNostra Terra (AIM: NTOG), the international oil & gas exploration and production company with a portfolio of production and development assets in Texas, USA, advises that it has resolved to extend the existing deadline for the warrants exercisable at 0.60p (the "Warrants") from 8 April 2022 until 8 April 2023.This "one off" measure has been implemented to enable holders of the Warrants an opportunity to exercise pursuant to the terms of the original warrant instrument but were unable to do so during the current pandemic situation. The subscription rights of the Warrants are over 73,611,000 Ordinary Shares in the Company. In addition, the Company will have the opportunity of subscription proceeds of up to GBP441,667.

[zico01] 09/5/2022 21:21

Edit ... from the last paragraph " profitable 2022 " this is what's going to drive the share price higher as the year progresses.

[zico01] 09/5/2022 20:52

Profit taking continued in the morning from last Wednesday's intra day high of 0.825p.
The price eventually settled at 0.59p this afternoon.

Short term 0.825p was over bought ... hence the pull back and again 0.59p was over sold.

We should see the share price move upwards from the low of 0.59p

Revenue generated in Q1 will be substantially greater than Q4.The average realized sales price for Q4 was $70 per barrel.

The price per barrel for Q1 will be significantly higher.

From February's rns :

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.

[guyswonga19744] 09/5/2022 20:05

How many warrants left to sell??

[jrlomax] 09/5/2022 14:18

No chance, as soon as it gets over .061 the sells will flood in again

[zico01] 09/5/2022 13:24

Selling out of the way ... this is going back above 0.70p

[zico01] 09/5/2022 13:06

Has to be very good value at under 0.6p ... MM's very generous today !!!!

[charggg] 09/5/2022 11:37

Lots of drilling on going. Q1 Revenues will provide a scale for comparison against market cap, which will be hard to ignore for the market.Jungmana- on a separate note. Check out Clon exploration prospect share acquisition RNS today. 10% of a 7tcf prospect due to be drilled in 3 weeks. Dig into the prospect and updip info, its massive. All imo

[jrlomax] 09/5/2022 10:18

Warrant holders

[berrymanl200] 09/5/2022 10:17

Who keeps dumping those 1mill sells

[jungmana] 09/5/2022 10:16

I think last of the 0.6p warrants being sold. This should be 1p+ imo

[officerdigby] 09/5/2022 10:08

CEO gotta stop the Twitter banz IMO.Just post relevant non RNs updates on progress.From a company twitter account.No rampy MEMES and no further discussion.. He probably reads this BB too.There is a turn around story here. No need to over hype.This well is a success at 20bopd.(G6 production)Great success at 30bopdAnd out of park at 50bopd. Maybe it is the sweet spot.(Twin well production).That's with the 100% WI.The F2 well 100bopd slightly disappointed to average (F1 flow rate)200bopd massive result.At 32.5% WI.These are my estimates based on the other wells.

[puffet] 09/5/2022 09:56

a baffling share price reaction to positive news :(

[wolansm] 09/5/2022 08:50

Production performance soonish I suppose ?

[royalalbert] 09/5/2022 07:55

From spudding to production could be about 40 days which would be relatively quick, this has been achieved before.

[jungmana] 09/5/2022 07:55

F2 news by end of week imo. A very busy news rich period for ntog

[orchestralis] 09/5/2022 07:50

Matt Lofgran, Nostra Terra's Chief Executive Officer, said: "We're pleased with the successful drilling and logging at our first well on the new Grant East Lease, which was performed ahead of schedule and under budget. We're looking forward to completing the well and updating shareholders on its production performance in due course." 

[royalalbert] 09/5/2022 07:46

How long before they start drilling the next well?, will be interesting to see how large a tank battery they construct.

Wonder if we will also receive the news on production commenced at F2, after the weather delays.

[wrtmf] 09/5/2022 07:12

'Following the spud announcement on the 3rd of May, the Company is pleased to report that the Grant East #1 reached a total depth of 3,200 feet on May 3, 2022, just below the Clear Fork Formation.


Log analysis shows the well encountered the Upper Clear Fork at approximately 2,560 feet and the Lower Clear Fork at approximately 2,806 feet with 24 feet of gross reservoir section in the Upper Clear Fork and 108 feet of gross reservoir section in the Lower Clear Fork. This well compares favorably with the NTOG operated wells on an adjoining lease to the west (the Grant #5 and #6 wells).


The well has been cased and cemented through both pay intervals. The perforations have been selected and fracture stimulation program has been designed and is scheduled to take place later this week. Construction of the tank battery has commenced. Following completion, the well is planned to be put into production. Nostra Terra owns a 100% working interest and is the operator.'

[jungmana] 09/5/2022 07:09

GE2 Rns out but not showing on advfn yet

[werdnado] 08/5/2022 21:37

got to be something this week.

[werdnado] 08/5/2022 21:37

got to be something this week.