Nostra Terra Oil And Gas Share Discussion Threads

[neilyb675] 09/12/2014 16:27

MP - you will be called MP or Monkey Puzzle, other than that, don't answer for PP (Chimp).

[monkey puzzle] 09/12/2014 12:40

Thanks PP, he is an odd one.

[monkey puzzle] 09/12/2014 12:02

Sorry Neily, what do you mean by that?

[neilyb675] 09/12/2014 11:37

Why don't you quote it chimp !

[michaelsadvfn] 09/12/2014 11:16

Professor Pettigrew 9 Dec'14 - 09:32 - 3177 of 3180 0 0

I wonder whether Malcy will feature them on his blog today?

Nope, he's commenting on Kibo's prospects. Very good they are too !!

[professor pettigrew] 09/12/2014 10:33

We do get a fairly positive mention on Malcy's blog.

[monkey puzzle] 09/12/2014 10:28

£8m MCAP for any AIM company seems alot without proof of profitability, being cash flow positive at $50 a barrel is good but does not necessarily translate to being profitable and the market at the moment is very, very risk adverse for any small AIM stocks which are not making money, ML will need to double production again to draw in the buyers here....I can see WP going on the back burner while the oil price is sow low and expectations are for it stay there through 2015...reckon a few fraccing operators will be mothballing projects for a year at least...just my opinion fwiw.

[neilyb675] 09/12/2014 09:45

Hard to ignore doubling of production.....

[professor pettigrew] 09/12/2014 09:32

I wonder whether Malcy will feature them on his blog today?

[neilyb675] 09/12/2014 09:21

Yet when BMD does his ramp blog volume appears.....

[professor pettigrew] 09/12/2014 08:46

On the LSE site, someone is mooting that the company PR lets them down, and suggests that ML gets on CNBC and Bloomberg to explain the success story here.

I couldn't agree more. I've never known a company spew out such continual good and positive news without a corresponding positive market reaction.

It's almost like nobody knows we exist.

[canny lass] 09/12/2014 08:44

Excellent news and yet the share price fails to respond. In recent months the news from NTOG has generally been very positive but unfortunately the share price fails to reflect this. Still holding and hopeful of a very positive outcome for 2015.

[neilyb675] 09/12/2014 08:36

Getting back established above .30 is bear minimum.

[professor pettigrew] 09/12/2014 08:31

I think the buyers will come in as the day wears on, and we will finish above current levels.

[neilyb675] 09/12/2014 08:03

.2871 to enter

0.25 - 0.30 (GBX) at 07:38:31 on Market (LSE)

[neilyb675] 09/12/2014 07:57

CT16: very good result

[professor pettigrew] 09/12/2014 07:44

More excellent news and more proof that the idiot day traders, gloomsters and shorters will eventually be proved wrong and have their fingers badly burned.

I'm quite happy to continually accumulate here, and so should others be.

Eventually this continual torrent of good and positive news will see NTOG soar.

PROFITABLE BELOW $50 PER BARREL.

Put that in your pipe and smoke it.

[52ron] 09/12/2014 07:34

Print Mail a friend


Tuesday 09 December, 2014


Nostra Terra O&G Co

Record Production from Chisholm Trail


RNS Number : 1630Z

Nostra Terra Oil & Gas Company PLC

09 December 2014






AIM: NTOG

9 December 2014



Nostra Terra Oil and Gas Company plc



("Nostra Terra" or the "Company")



Nostra Terra Achieves Record Production



Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a growing portfolio of assets in the USA, is pleased to announce that its 13th production well in the Chisholm Trail Prospect, Bollenbach 1-33H (CT16), has produced an average 555 Boepd from the Hunton Formation, over the most recent 10-day period of production. The Company owns a 20% working interest in this well (equivalent to 87 boepd net), which is operated by Stephens Production Company.



The CT16 well was drilled to an approximate 11,700 foot measured depth, and a true vertical depth ("TVD") of 7,180 feet, with an approximate 4,200 foot lateral into the Hunton formation. The well was drilled and completed under budget.



As announced on 30 October 2014, September net production averaged 84 boepd. CT16 is one of the best performing wells in Nostra Terra's Chisolm Trail Prospect and following the addition of its two most recent wells (CT16, together with CT14) Nostra Terra's net production has now more than doubled.





Matt Lofgran, Chief Executive Officer of Nostra Terra, commented:



"I'm pleased to announce further strong production news from the Chisholm Trail prospect in Oklahoma, especially where we have such a large percentage working interest. Chisholm Trail has helped build the foundation of the Company's portfolio, recording the highest number of producing wells in our prospects. The additional production announced today is all free cash flow and we anticipate this well will also have a relatively rapid payback.



"We have focused our existing portfolio of producing wells on conventional reservoirs that offer a lower cost of production, especially compared to the unconventional (shale) plays. Over recent weeks, Nostra Terra's net production has more than doubled and , despite the recent decrease in crude oil prices, we have increased our revenue significantly.



"In the last Quarterly Operations Update we announced that we were cash flow positive. We expect to remain cash flow positive at our Chisolm Trail operations even if oil prices were to drop below $50 per barrel."

[lyceeuk] 09/12/2014 07:19

Nostra Terra Oil & Gas Company PLC Record Production from Chisholm TrailTIDMNTOGRNS Number : 1630ZNostra Terra Oil & Gas Company PLC09 December 2014AIM: NTOG9 December 2014Nostra Terra Oil and Gas Company plc("Nostra Terra" or the "Company")Nostra Terra Achieves Record ProductionNostra Terra (AIM:NTOG), the oil and gas exploration and production company with a growing portfolio of assets in the USA, is pleased to announce that its 13th production well in the Chisholm Trail Prospect, Bollenbach 1-33H (CT16), has produced an average 555 Boepd from the Hunton Formation, over the most recent 10-day period of production. The Company owns a 20% working interest in this well (equivalent to 87 boepd net), which is operated by Stephens Production Company.The CT16 well was drilled to an approximate 11,700 foot measured depth, and a true vertical depth ("TVD") of 7,180 feet, with an approximate 4,200 foot lateral into the Hunton formation. The well was drilled and completed under budget.As announced on 30 October 2014, September net production averaged 84 boepd. CT16 is one of the best performing wells in Nostra Terra's Chisolm Trail Prospect and following the addition of its two most recent wells (CT16, together with CT14) Nostra Terra's net production has now more than doubled.Matt Lofgran, Chief Executive Officer of Nostra Terra, commented:"I'm pleased to announce further strong production news from the Chisholm Trail prospect in Oklahoma, especially where we have such a large percentage working interest. Chisholm Trail has helped build the foundation of the Company's portfolio, recording the highest number of producing wells in our prospects. The additional production announced today is all free cash flow and we anticipate this well will also have a relatively rapid payback."We have focused our existing portfolio of producing wells on conventional reservoirs that offer a lower cost of production, especially compared to the unconventional (shale) plays. Over recent weeks, Nostra Terra's net production has more than doubled and , despite the recent decrease in crude oil prices, we have increased our revenue significantly."In the last Quarterly Operations Update we announced that we were cash flow positive. We expect to remain cash flow positive at our Chisolm Trail operations even if oil prices were to drop below $50 per barrel."Glossary`boe' means barrels of oil equivalent: a unit of energy based on the approximate energy released by burning one barrel (42 US gallons or 158.9873 litres) of crude oil.`boepd' means barrels of oil equivalent per dayFor further information, visit www.ntog.co.uk or contact:Nostra Terra Oil and Gas Company plcMatt Lofgran, [e-mail] Capital Partners Ltd(Nominated Adviser)Matthew Johnson / Lauren KettleHume Capital Securities plc (Broker)Jon Belliss / Abigail WayneLothbury Financial Services LimitedGary Middleton / Michael PadleyThis information is provided by RNSThe company news service from the London Stock ExchangeENDDRLBUBDDBUGBGSI

[bibdaddy] 09/12/2014 07:09

Positive RNS just released

[michaelsadvfn] 09/12/2014 06:15

Professor Pettigrew 3 Nov'14 - 14:11 - 2994 of 2994 0 0

Nymex oil steady at just below $81, despite the gloomster predictions of a collapse to around $70.

Just won't do it. $90+ by the year end....

Light Sweet Crude Oil
NYMEX:CLF15 62.75

Prof?

[sashimi] 09/12/2014 05:50

Bought in here thinking we would see a nice rise in the share price following good news from T14. News from the other drill can't be far away, it has been completed over 3 weeks, so testing should be very well under way. Lets hope we get some good news to compensate for the fall in oil prices.

[neilyb675] 08/12/2014 08:11

Morning chimp!