Nostra Terra Oil And Gas Share Discussion Threads

[pauliewonder] 28/5/2022 17:52

I joined the NTOG crew on Friday. Have been looking at this since 0.5 and thought I had missed the boat (did miss a nice 20% gain). I see this as an excellent play at the moment. Hopefully the high oil price and increasing production will underpin the market cap which looks very cheap at less than £5m.

[royalalbert] 28/5/2022 12:55

Zo1 depends on what you call decent production, I believe anything over 30bopd would be good. Hard to say on these types of wells which are fractured, but thirty would do me.

total of 170 bopd with more wells is good, should see us at 0.80 at least hopefully.

If this happens 1p should be on the cards,

[zico01] 26/5/2022 17:09

Any decent production numbers from Grant East 1 and the share price should break 0.80p again, and hopefully stay above 0.80p this time(third time lucky).

[royalalbert] 26/5/2022 16:54

P.S oil at $114 and on a bit of a surge, my figures are at $100.

[royalalbert] 26/5/2022 16:51

Seems to me that maths may be lacking in a few investors.

To help them

At present we are producing 140bopd net to NTOG not including GE1, also remember they are increasing F1 to 140bopd at present 110bopd. That will give us a extra 9.75bopd net to NTOG.

We are selling with no hedge so lets say over a month $100 per barrel.

Lets take a month at 27 days, allowing for downtime for various reasons.

At present time a conservative revenue figure per month of

149.75 x 100 x 27 = $404325.

Now let's say GE1 produces 30bopd which comes into production very shortly hopefully.

So forward figures could be

180 x 100 x 27 = $486000 per month, so $5832000 revenue for the year (conservative figures I believe)

You have to remember another well at least to be drilled, possibly 2 at GE with a bit of luck.

If they are profitable in 2021 figures (which would be a small profit, but a profit never the less in my view) on turnover of $2.29m. The profit for this year would be quite significant on 2.5 times the revenue of last year (plus the other well/wells)

All this for a market value of £4.54m.

As I have said time and again we are undervalued (by what margin is up to peoples thinking)

AIMHO.

[zico01] 26/5/2022 16:41

Grant East #1 (100% wi) was spudded on the 29th of April.

Hopefully we should get some production numbers next week.From spud to production start-up is anticipated to take between 30 and 45 days in the success case.

[terminator101] 26/5/2022 16:40

Market not convinced by todays waffle huh

[royalalbert] 26/5/2022 16:20

z01, already have him on filter.

As for the share price I have picked up a few more, thank you sellers and MM's.

[berrymanl200] 26/5/2022 16:19

For those like ken who can't read production up. Stick to the colouring books ken

[ken chung] 26/5/2022 16:05

Dreadful update.Oil production falling.Stay short.Lemmings and mushrooms only.

[zico01] 26/5/2022 10:40

We'll get a better picture next month when they announce full year results for 2021, how much freeflow cash was generated.

Total revenue for 2021 will be $2,288,000 million.

The company has already stated that they will be profitable.

Revenue for the current year ending December 2022 will be at least over 100% on last year.

[pauliewonder] 26/5/2022 10:09

Yes be interesting to see what impact that this will have on the total daily output, particularly as it's 100% NTOG.

[jungmana] 26/5/2022 09:54

Yes at 140 bopd the monthly revenue right now is over $400k

[jungmana] 26/5/2022 09:52

We should hear about GE 1 production in about 2 weeks time. Imo9th May rns;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."

[zico01] 26/5/2022 09:46

A significant increase in revenue for March which jumped to $385,603 on 3,757 barrels which equates to 121 bopd.

Revenue for Q2 will be in excess of $1.2 million.

Total revenue for H1 will be more than $2.0 million and the company is generating positive cashflows.

Considerably undervalued.

[jrlomax] 26/5/2022 09:32

How much cash are we making after costs

[zico01] 26/5/2022 07:46

Q2 production so far is 140 bopd (net) UP 37% over Q1, Grant East 1 well to add more.

With it's low cost base the company's is generating freeflow cash.
The dip in production in February is due to heavy storms.

Production in Q3 will be significantly higher than Q2.

[royalalbert] 26/5/2022 07:44

Jung yep weather related, people just don't read RNS's, or they do and try to twist facts.

Production at present would equal for the year

140(bopd) X 95(conservative selling price) X 350(conservative production days)

Equals $4,655,000 plus more to come.

We are undervalued.

[jungmana] 26/5/2022 07:28

The slight decrease from 118 average in q4 to 102 average in q1 was weather related due to shut down caused by heavy storms. Now we are on 140 bopd and 3 back to back wells being drilled on the permian basin over the next 4 months (100%)

[jungmana] 26/5/2022 07:25

At the current oil price 140 bopd gives a decent cash to a company valued at just GBP 5m market cap. Then GE 1 comes onstream next month which could add a lot more peoduction as is 100% ntog owned.

[itsmyshares] 26/5/2022 07:25

There is reporting of a decrease before the increase. The market may not even like this news.

[terminator101] 26/5/2022 07:21

Wow, a whole 6% increase in revenue. Can anyone tell me how much profit they have ever made in their puff? Is it more or less than ZERO?

[iloveit] 26/5/2022 07:16

Nice rns again.Will there be a breakout past 1p this morning?Seems to be actively traded last few weeks as ntog moving swiftly onwards.

[zico01] 25/5/2022 23:35

Looking forward to the results for year ending December 2021 to be announced next month.

The company has already stated that it will be cashflow positive for the full year.

They will do doubt update shareholders on the current year to date,which will be even more spectacular than the H2 of last year.
Production has increased further and price of oil is well over $100 per barrel.

From their last rns:

The Company also is pleased to announce, following completion of the Fouke 2 well, a substantial increase in average monthly net operating cashflow is anticipated. This is due to a combination of increased production from the Fouke wells combined with recent high oil prices. The Company is anticipating that free cash flow for the remainder of the year will be in excess of original internal budget forecasts as a result.

Still considerably undervalued at 0.655p.