Nostra Terra Oil And Gas Share Discussion Threads

[chinese investor] 03/5/2015 09:06

..........and added together, and with more good news to come regarding production and the possibility of more oil finds, NTOG retains my 3p price target by the end of 2015.

[michaelsadvfn] 03/5/2015 07:54

But...

fundamentals in the form of rising production also underpin the vastly undervalued share price.

More brokers are now noticing NTOG and rating them a BUY....

...or is that total blx?

[bam bam rubble] 01/5/2015 18:24

"Any thoughts why the price has dropped on a great update"

The main reason is it's not that great an update...

Decline curve kicking in (Jan: 129, Feb: 122, Mar: 117 boepd)
and the depletion doesn't look like being offset any time soon;

"operators at Chisholm Trail significantly slowed down drilling in recent months"
"we're not committing to drilling our White Buffalo project at current oil prices"

[porsche911sse] 01/5/2015 17:58

Interview with NTOG's CEO Matt Lofgran

[porsche911sse] 01/5/2015 17:56

Vox Markets have an interview with Matt Lofgran the CEO NTOG

[fenseal3] 01/5/2015 12:43

Got my finger on the buy button 0.154p...8-)

[fenseal3] 01/5/2015 12:42

All i'm saying is when you look at the likes of SER, NCT then look here, this is doing very well, the likes of SER and NCT have no cash, SER being the worst probably 300k cash and a rusty pipe for sale but both MC's are over 12m....just looking in and doing some resarch here, this could rerate to a MC of 12m no probs, price 0.35p, also read NTOG asset list, GLA!!!!

[chinese investor] 01/5/2015 11:26

He's Currently In Talks With David Cameron About Power Sharing !

[michaelsadvfn] 01/5/2015 11:24

Where's Professor Plank?

[chinese investor] 01/5/2015 11:20

Annual Administrative Costs Alone Are $1,500,000 !
2014 Revenues Were $2,040,000 (2015 Revenues Will Be Around $1,800,000) !

[chinese investor] 01/5/2015 11:15

"they are breaking even at this level".

I Find This Hard To Believe !

[pdtrussell] 01/5/2015 11:02

NTOG has relatively little to no cash to 'advance' any assets. Any new cash will require a placing of some proportion considering the current share price

All my opinion though.

[fenseal3] 01/5/2015 09:43

I noticed the RNS and thought what a great update, have been watching today and for the life of me can't work out why this is valued at 5m, they are breaking even at this level, not many are at the oil price at the mo, when it goes up so will this i suppose.....i did like the part where it staes.

White Buffalo Prospect (Wyoming)

White Buffalo is our largest 100% asset acquisition to date, consisting of 6,000 net acres of leases in the prolific Big Horn Basin of Wyoming. Independent projections are that the prospect holds up to 20 potential locations for horizontal drilling and a recoverable potential of 13 million barrels of oil. At oil prices of $73.4 per barrel, each well has been independently projected to an optimum value of US$12 million and a total asset value of US$236 million.

We have taken steps that will enable us to move quickly when oil prices increase and in the meantime see no requirement to start drilling, given that .we have revenues from our other interests. The acquisition of technical data has been concluded. Existing seismic studies have been identified for purchase, new 2D lines have been laid out along the intended well paths of future horizontal wells, while the log suites and coring programs have been defined.

Any thoughts from longs why the price has dropped, cheers.

[reba] 01/5/2015 08:53

and the price goes down, typically aim.

[canny lass] 01/5/2015 07:22

Moving slowly in the right direction. Happy to continue holding a stake building when funds free up.

[nw99] 01/5/2015 07:08

Q1 very impressive up 79%

[bibdaddy] 01/5/2015 07:08

A positive RNS just released

[lyceeuk] 30/4/2015 18:02

Which may 2015/2016/217?????

[michaelsadvfn] 27/4/2015 08:13

Up 14% on that?

MM's having a laugh.

So, Pettigrew, you still hold I presume? Why would you sell out of a multi bagger?

[michaelsadvfn] 27/4/2015 07:30

Lots of private investors here are also buying these on a monthly basis, and the amount of stock available to the general public is, piece by piece, slowly falling...

Are there any left?

[michaelsadvfn] 27/4/2015 07:28

Transformational.

3p by the end of May?

[humphries1] 27/4/2015 07:22

Acquisition of working interest

27 April 2015

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 the acquisition of a 1% working interest in a 20,000 acre prospect in South Texas.

Highlights:

-- Initial well already spud
-- Shallow oil targets with associated liquids-rich natural gas
-- Extensive regional structural mapping
-- Up to nine stacked-formations are prospective to horizontal drilling
-- Proven success of horizontal drilling in the area

Nostra Terra has acquired the interest with plans to acquire additional interests if appropriate. The cost of drilling the initial well, and further wells planned this year, will be funded from internal cash flow.

The first well has already spud and is expected to be completed in approximately 10 days. It was drilled to a depth of 4,500 feet and will be extended horizontally another 5,100 feet. The continuous drilling program is designed to drill one well at least every four months.

The hydrocarbon province of South Texas is one of the most prolific in the United States. It offers many potential targets, such as the Eagle Ford, Escondido, Olmos, San Miguel, Austin Chalk, Buda, Georgetown, Edwards and other formations, often in excess of 250 feet thick in pay. Importantly, the Eagle Ford is considered to be the original source rock for the hydrocarbons in most of the stacked pays along the trend. The Eagle Ford extends more than 50 miles wide and 400 miles long (equivalent to 870 million acres).

The asset further enhances Nostra Terra's portfolio of wells in areas where proven horizontal drilling and completion technologies are being applied to known reservoirs.

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

"During the past several months we've been actively looking for additional assets from which to grow our portfolio, where they will have attractive economics even at lower oil prices. The play in South Texas fits that description. While many companies are cutting back their CAPEX budgets significantly we are planning to continue to grow our production and reserves.

We're pleased to have acquired this initial working interest in a large prospect where wells will be continuously drilled and we will continue to seek additional assets on a larger scale."

[michaelsadvfn] 24/4/2015 06:59

A top industry analyst?

Chinese Investor - 11 Feb 2015 - 17:42:35 - 1509 of 1581
"Oil prices will get a heck of a lot worse before they get better, a top industry analyst said on Tuesday.

Tom Kloza, chief oil analyst at Oil Price Information Service, predicted that oil prices would bottom during the second quarter of the year "simultaneously to one of the expirations of the WTI contracts."

He warned that the price of West Texas Intermediate crude could be in the $30s at some point in the second quarter."

...muppet needs to find himself a proper job.