Nostra Terra Oil And Gas Share Discussion Threads

[imjustdandy] 01/5/2018 05:40

Yes - slow rise through 5p this week then drill news should see this bag.

[iloveit] 30/4/2018 12:04

Decent volume so far price in that 4p zone being tested as tree shake has shown.Hmm mms grabbed stock now maybe a buyer going to be hit with premium prices very soon I guess.

[hopeful holder] 30/4/2018 09:43

I am positive in my investment here but currently unable to see double digits unless we get a very quick spike and call in thesp.6p to 8p is where I see this going in the next 3 months if all goes to plan.Good luck to all

[iloveit] 30/4/2018 08:49

Just as I thought all very clear that investors at last seeing double digit Shareprice coming on this fantastic newsflow.10p to 20p is some multibagg from entry point or those in at this level from today.Dyor

[imjustdandy] 30/4/2018 08:41

Going to 20p. New self funding drills month after month.

[imjustdandy] 30/4/2018 07:36

Wouldn't be surprised to see another 2 or 3 wells soon after these. Tremendous news.

[iloveit] 30/4/2018 07:23

More good news .Wonder if double digits getting hit pre spud now as new wells coming fast .

[imjustdandy] 30/4/2018 07:12

Nostra Terra owns a 53.25% Working Interest in the first well due to be drilled and a 73% Working Interest in the second well. Both wells will target the Clear Fork formation.All of these operations are already funded from existing Company resources and facilities.

[imjustdandy] 30/4/2018 07:11

"As we near spud of our next Permian Basin well, Nostra Terra's balance sheet continues to improve. We remain cash flow positive and any increase in oil production over the coming months could significantly strengthen our position. I look forward to providing further updates on both wells, once drilling commences."

[imjustdandy] 30/4/2018 07:07

Outstanding - new drill running ahead of schedule. Strong balance sheet, cash positive. What more can we expect.

[topicel] 29/4/2018 20:47

That would be fine and indeed 'dandy', but on what basis are you coming up with that valuation other than wishful thinking?

The potential Matt speaks about is indeed real, however the market will only re-rate on the basis of announced successful drills imho, and not in anticipation of what they may produce.

We know they are not major plays, but nevertheless significant to NTOG due to its ridiculously low m/cap. That being true, if they match Twin Well, for instance, then we should have a good rise in share price into the long promised 6-8p region. Anything else would be pure speculation...not unheard of on AIM of course, as you've just done it!

And, to a fashion, so have I, but we have already visited 5.9p in the past year so I'm not being too adventurous...

Early May for the spud of these two new wells, which should be announced late this week or early next. Speculators are welcome.

Topicel

[imjustdandy] 29/4/2018 15:13

15p as we head into the 2 new drills

[imjustdandy] 28/4/2018 05:29

Matt Lofgran, Chief Executive Officer of Nostra Terra, commented:"The purpose of the Senior Lending Facility with Washington Federal Bank was to accelerate our growth while minimising dilution. Last year we were able to drill one well on our Permian Basin leases. This year we plan to drill three or more. Having already become cash flow positive as a business, any additional production we are able to add to our portfolio has the potential to add significantly to our bottom line."

[iloveit] 27/4/2018 07:38

May 2018 Permian base Texas Site with 24 drill locations targeted .

[iloveit] 27/4/2018 07:36

News of back to back wells & 2nd rig early 2018 we are still in single figures at present but hotting up nicely.

[imjustdandy] 26/4/2018 21:03

So news on every asset we hold is now in the market. Onwards to 15p. I sympathise with panic sellers today who completely misread this RNS .New assets and additional income to look forward to now over next 10 days

[chinese investor] 26/4/2018 14:30

Moderation is nice !

[croasdalelfc] 26/4/2018 14:28

Blue is nice

[dabs1969] 26/4/2018 09:50

I fully agree, but it would be nice for once that it goes well for NTOG and it doesn't drag on for months.

[topicel] 26/4/2018 08:55

Exactly...MMs taking advantage of this arbitration news release which in the first place is good news, as it will eventually resolve the impasse one way or another in Egypt, and in the second is irrelevant to our m/cap as no value has ever been apportioned to the deal there.

If anything it has enabled some to have their low buy orders around 3.75p (like mine) triggered while others with tight stops have been fleeced of their holdings.

Never put a stop of 10% on an AIM stock unless you are really in a pickle and have made much more already. They'll come searching for your shares in a hurry as they can see them dangling like low hanging fruit!

This is all about the Permian and the oil price re-rate. Egypt is a valuable concession if and when the Chinese wish to play...and this is all about bringing them (North Petroleum) to the table and discovering if the want to or not. And probably resulting in them paying us damages and costs if they are found to be prevaricating unreasonably.

Topicel

[splatted] 26/4/2018 08:53

Good news. Get it over and done with. Below 4p WHAT A STEAL!! Sellers shafted

[leonsito] 26/4/2018 08:46

Added on that dip. GLA

[marmar80] 26/4/2018 08:18

Dabs, please read about Egypt in the FY 2016 report. Problems are old. Ntog in this JV is a junior but has an active approach. Spent time and money and no results. To recover this what was spent, when JV partner is not doing enough, the arbitration is best option. It should be a quick arbitration story as the case is not complicated.

[dabs1969] 26/4/2018 08:16

This share price is going to get absolutely smashed again today, because they can, its always the same thing year in year out. At some point this has to go up and it's share price hold up a sustainable gain. Until the next kick in the knackers