Nostra Terra Oil And Gas Share Discussion Threads

[jungmana] 16/5/2022 11:28

We should get q1 operations and production rns soon

[topicel] 16/5/2022 10:40

Genierub - yep, your post 5489 is spot on.

Many on AIM follow the chart as much as the newsflow and any decisive break of the year high around 0.8p will see a quick re-rate with chartist money coming in I suspect.

But on the RNS today we should break it this afternoon or tomorrow as the earnings to m/cap calculations sink in. Then I expect 1p soon thereafter.

This has no further resistance in my book then until 2p...

[idriveajag] 16/5/2022 10:17

Good result today for NTOG from Fouke 2, flowing at 145 bopd.

32.5% of 140 bopd (intended production rate) = 45.5 bopd to NTOG.

If they sell at $100+ and operating costs are say $25, that gives $75+ profit per barrel.

45.5 bopd x $75 per barrel = $3412 per day to NTOG.

Say 350 days (conservative) production per year x $3412 = $1.19m pa extra to NTOG.

In addition, they intend to increase production from Fouke 1 from 82 bopd to 140 bopd, are awaiting results from GE1 recently drilled (NTOG 100%) and will be drilling GE2 & 3 (NTOG 100%) later this year.

[jungmana] 16/5/2022 09:54

Our net total production is now at least 170 bopd and GE1 should also be online soon.All for $6m market cap right now

[royalalbert] 16/5/2022 09:46

Granted there are some who seem to miss the working interest. However on the grant East field NTOG have 100%, with the first well being completed as we speak and another two wells to be drilled.

[royalalbert] 16/5/2022 09:42

Stockhunters we are only valued at $5.3m, so the increase in production net to NTOG is,

145/100 x 32.5 X 100 price per barrel x 365 days in a year = $1,720,062.5

Personally that's a good result from one well.

[stockhunters] 16/5/2022 09:20

they own 32.5% good news but nothing great

[jungmana] 16/5/2022 09:06

Got to 3.8 million total holding after adding some about 0.75p.A happy shareholder here

[royalalbert] 16/5/2022 08:49

OD there are not that many warrants in the big scheme, also quite a few will already be cleared.

Assume some late reporting of sells will take place these could be the warrant holders in chunks of 1m.

However once fully cleared which could be today or shortly, re-rate will be good.

[peterdonovan] 16/5/2022 08:47

Thanks for all of your replies

[officerdigby] 16/5/2022 08:22

Hi Peter lots if warrants that are looking to clear so a bit if dampening if increase for bit.

not sinister though.. Put in place when company was in different financial situation.

[itsmyshares] 16/5/2022 08:21

NTOG.L
NOSTRA TERRA OIL & GAS CO PLC
Current price0.74 0.75
Quote price0.7433
Order typeFixed price quote
Quantity65600
Investment
Commission
£8.00
Consideration
£487.60
Total cost£495.60
Other charges apply. Learn more

[genierub] 16/5/2022 08:21

Just wait until the MMs let it go. This is one of the best O&G holds on the market. 100% oil (no water) in both wells and another well coming online in a few weeks. Heading into the energy crisis in Winter.

Buy, hold and enjoy your returns.

[itsmyshares] 16/5/2022 08:20

Last two trades are buys. Either buy now for the bounce and long term or miss out.

[peterdonovan] 16/5/2022 08:18

Why all the selling ? Look interesting I'm new to this share anything I need to know before purchasing?

[genierub] 16/5/2022 08:12

Market Makers just sucked out the weak. All eyes on year high break. The all eyes then on 1p break....and then is is JENGA.

[jungmana] 16/5/2022 08:04

Should be 1p+ today imo. My 3p 2022 target is now looking conservative

[jungmana] 16/5/2022 07:54

Agreed mate and remember they said this;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.

[royalalbert] 16/5/2022 07:51

Jung GE1 will be most interesting, especially at 100%.

[royalalbert] 16/5/2022 07:50

Wouldn't bet on it would you, LoL.

[jungmana] 16/5/2022 07:50

Companies with similar production are valued at GBP 20m market cap levels with oil @100$. Thats vlose to 2p for us. And we are increasing with GE1 to come online in a couple of weeks.

[guyswonga197444] 16/5/2022 07:45

surely the market cannot ignore NTOG now and value us correctly

[royalalbert] 16/5/2022 07:40

You would expect our partner to now look at drilling more wells within the block sharpish.

[royalalbert] 16/5/2022 07:36

Here's the well,

[royalalbert] 16/5/2022 07:33

Q4 production was 10885 barrels, they are hinting at 40% increase on this from now so

10885/3 = 3628 per month plus 40% = 5079 per month from now hopefully.

5079 x 100 price per barrel (conservative I think) = $507,900 per month revenue at present.

GE1 still to come.

It's looking good.