Nostra Terra Oil And Gas Share Discussion Threads

[fenseal3] 19/5/2015 10:50

buffy, agree...i just had my finger on the buy button @ 0.1547p then that 500k took that price away now 0.159p, dosen't sound alot but normaly such a small trade would not effect the offer, seems shares are in short supply.

[buffythebuffoon] 19/5/2015 10:17

I have a longer term holding in a spreadbet. I also have a position in my SIPP and ISA

I've just had a small top up, albeit over 3m shares, in NTOG in my ISA.

I'm impressed by ML and his handling of the company in the face of the challenging environment.

People will be paying a lot more within a couple of years in my opinion.

Buffy

[fenseal3] 19/5/2015 10:09

I think this is like every share on AIM, it's been shorted, one day news will come and it will rerate then the shorts will close, i am buying as much as i can as this day will happen, each week we have small buys every day, then a few sells to match keeping the share in order, when the mm's run out they will hav't to lift the price, then like a wave shorts will panic and want to buy back then woooooshhhh!!!!!!

[fenseal3] 19/5/2015 09:08

oilbuy, that is just a 1% asset added to other assets, you may call it a topup of assets for minimum out lay, their main assets are listed below..as Nick Rubens says one day, if NCT and SER can get to MC of 15m then this will have no probs when peeps get on to it.

01 May 2015

AIM: NTOG 1 May 2015

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Quarterly Production and Operations Update

Quarterly production increase of 79% over same quarter last year

Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a growing portfolio of assets in the USA, is pleased to provide an operational and production update for the first quarter of 2015.

Highlights
-- Quarterly production increase of 79% over same quarter last year
-- Quarterly production more than 11,000 boe (net of royalties)
-- Quarterly revenues reached US$446,956 (net of royalties)
-- Expansion in South Texas, Eagle Ford trend

Monthly Production (Net)

Month Total Net* Production Revenue (USD)
(BOE)
---------- ---------------------- --------------
January 4,012 144,320
---------- ---------------------- --------------
February 3,415 140,827
---------- ---------------------- --------------
March 3,641 161,809
---------- ---------------------- --------------


*Net to Nostra Terra's working interests, after royalties

(NRIs range from 78% to 81%)

Q1 2015 Operations Update

The Company is pleased to report that first quarter production continued to surpass 11,000 boe and revenue from production of US$446,956, despite the lowest oil prices since 2009.

Chisholm Trail Prospect (Oklahoma)

Multiple formations have been drilled and successfully tested. Economics for existing horizontal wells remain positive, however operators have significantly slowed down drilling in recent months - as a significant proportion of production is obtained in the early months of the well, it is better to wait for higher oil prices than to produce relatively large volumes at lower prices. Nostra Terra will continue to evaluate new proposals as they are made by operators.

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.

South Texas (Eagle Ford Trend)

Earlier this week Nostra Terra announced the acquisition of a 1% Working Interest in a prospect covering approximately 20,000 acres in South Texas. The Working Interest will not be subject to reduction, as previously seen in some of our Oklahoma interests, as Forced Pooling regulations are different in Texas.

The 870 million acre Eagle Ford trend has the same "stacked pay" characteristic that is consistent with Chisholm Trail. Such areas allow for the "multiplier effect" where numerous zones can be exploited within the same leases.

This prospect offers the opportunity for the Company to enter a potentially large play at very low risk, while at the same time offering a significant upside for leveraging into a multi-well, continuous drilling program. The first well was already drilling at the time of the announcement and completion is anticipated very soon. Investment in future wells will be paid from the cash flow of our currently producing assets. Success in these first test wells of this 20,000-acre opportunity, will allow drilling along the trend and replacement of reserves due to normal production decline of our other assets in the portfolio.

Nostra Terra will continue to look for opportunities to invest in the many formations along this trend and grow to larger scale.

Outlook

Our current revenue from producing properties continues to exceed our overheads, even in the current oil price environment. That said we are selective of when and where free cash flow is invested and will continue to be disciplined in maintaining already very low corporate overhead.

Many operators have cut their CAPEX drilling budgets significantly, simply waiting for oil prices to strengthen while we see this period is an opportunity to grow.

The concentration remains on areas of "stacked pay" and will be acutely focused on investing where the economics are strong, despite the lower current oil prices. We are particularly interested in assets that are already producing, or are drilling, or drill-ready immediately. We anticipate that many more opportunities will become available to us along the Eagle Ford trend in South Texas, where further growth is targeted.

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

"While the oil price appears to be recovering, we are looking for a more stable oil price before committing to a drilling program at White Buffalo, preferring to grow our cash position further by investing in the type of low-risk prospects that we enjoyed along Chisholm Trail. By doing this we can build our cash position with the aim of maintaining more of our interest of White Buffalo.

Despite the lower oil price, environment portfolio investments made in the last few years continue to generate cash which we are using to help fund growth, both in production and exploration. Our recent acquisition of interest in South Texas, the largest acreage in our portfolio, offers much more opportunity to add production and cash."

[nick rubens] 18/5/2015 12:58

I keep adding. NTOG will have it's big valuation rise one day and everyone will want them at twice the price I reckon. It happens all the time and I've done it myself. lol

[buffythebuffoon] 18/5/2015 08:57

I'd imagine you are better at investing than a certain other activity then.

Buffy

[chinese investor] 18/5/2015 08:42

buffy,
I'm in and out faster than a rabbit in season !

[buffythebuffoon] 18/5/2015 08:38

Chinese Investor,

Looking good at 08:06, not so good at 08:17.

Not a long term investor then.

Buffy

[chinese investor] 18/5/2015 08:17

Thank Goodness I Sold At 0.17p !

[chinese investor] 18/5/2015 08:06

Looking Good !

[samenglish] 18/5/2015 07:26

Doubt it. 1% is good for Matt. Might get 1 bopd from this. Jackpot

[oilbuy] 18/5/2015 07:20

1% interestPlease tell me im missing something here.

[fenseal3] 18/5/2015 07:09

18 May 2015

AIM:NTOG

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Acquisition of Interest in 35,000 Acre Prospect

18 May 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 the San Miguel Prospect, comprising 35,000 acres in South Texas.

This acquisition shares similar characteristics to the previous acquisition of interests in a 20,000 acre prospect (the Don Pedro Prospect), as announced 27 April 2015.

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

This represents Nostra Terra's second acquisition this quarter, 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 with completion anticipated within one month. It will be drilled to a depth of approximately 4,500 feet and will be extended horizontally approximately 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:

"This is our second acquisition in a matter of weeks in Texas. The San Miguel Prospect also has a continuous drilling program at a pace of no less than one well every four months. Between this prospect and the previous acquisition we should see a new well every other month. This compares very well with Chisholm Trail where over the last few years we announced 18 wells in a period of 26 months, with a number of operators.

The Board continues to pursue additional acquisitions with the intention of having a material impact on production and reserves going forward."

For more information please visitwww.ntog.co.uk or contact:

[michaelsadvfn] 13/5/2015 10:05

15 days to go Pineapple, 3p coming?

michaelsadvfn - 10 Feb 2015 - 12:39:35 - 3246 of 3270
Lots of private investors are also buying PANR on a monthly basis, and the amount of stock available to the general public is, piece by piece, slowly falling.

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

I don't do price targets cos I don't want to expose myself to ridicule, like some people.

PANR +34% YTD

[notable] 11/5/2015 16:28

Some good news for the US oil sector out today with Noble acquiring Rosetta Resources for $2bn. Noble is doing the deal to get a foot in South Texas and West Texas where Noble has 100,000 acres combined. This is said to be the largest US oil deal thus far and the lack of a huge premium is seen as a green light for other mergers in the sector.

[porsche911sse] 09/5/2015 17:40

Really good interview on Vox from last week (some interesting comment too)

[michaelsadvfn] 08/5/2015 06:35

Up the Blues !!

Pint anyone?

[professor pettigrew] 07/5/2015 14:17

I see that filthy guttersnipe scumbag "michaels" is still around.

Pity.

[fenseal3] 04/5/2015 09:04

I have done research on this over the weekend, i will buy on Tuesday when trading resumes.....they are stable with the oil price at a low level any up turn they will reap rewards, also their assets on stand by ready for drilling when needed....as i said look at other oilers with MC in the 12m bracket with F all to show...this is making money and has a portfolio of assets worth millions, a MC of 5m is nuts 15m to 20m is an easy target for now, 3x or 4x the price today, i'm in tomorrow, GLA!!!!


Chisholm Trail Prospect (Oklahoma)

Multiple formations have been drilled and successfully tested. Economics for existing horizontal wells remain positive, however operators have significantly slowed down drilling in recent months - as a significant proportion of production is obtained in the early months of the well, it is better to wait for higher oil prices than to produce relatively large volumes at lower prices. Nostra Terra will continue to evaluate new proposals as they are made by operators.

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.

South Texas (Eagle Ford Trend)

Earlier this week Nostra Terra announced the acquisition of a 1% Working Interest in a prospect covering approximately 20,000 acres in South Texas. The Working Interest will not be subject to reduction, as previously seen in some of our Oklahoma interests, as Forced Pooling regulations are different in Texas.

The 870 million acre Eagle Ford trend has the same "stacked pay" characteristic that is consistent with Chisholm Trail. Such areas allow for the "multiplier effect" where numerous zones can be exploited within the same leases.

This prospect offers the opportunity for the Company to enter a potentially large play at very low risk, while at the same time offering a significant upside for leveraging into a multi-well, continuous drilling program. The first well was already drilling at the time of the announcement and completion is anticipated very soon. Investment in future wells will be paid from the cash flow of our currently producing assets. Success in these first test wells of this 20,000-acre opportunity, will allow drilling along the trend and replacement of reserves due to normal production decline of our other assets in the portfolio.

[fenseal3] 04/5/2015 08:52

PMSL!!!!!!

[astute person] 04/5/2015 08:35

No trades today.
What does that tell you?