Nostra Terra Oil And Gas Share Discussion Threads

[tidy 2] 16/7/2018 14:05

NEXT FLOWS FOR...The G6 well was drilled to a total depth of 3,206 feet encountering the following formations as expected; the Upper San Andres, Lower San Andres, Glorietta, Upper Clear Fork, Middle Clear Fork, and Lower Clear Fork Formations. The well intersected more than 103 feet of gross oil pay in aggregate across the target objectives, calculated from log data. Drilling was successfully completed on time and on budget.The production casing has been run and the well cemented. The Company will proceed with completion and tie-in operations, following which it anticipates putting the well into continuous production. The Company has a 53.25% working interest in the G6 well

[neilyb675] 16/7/2018 14:01

Fabulous news today.

[tidy 2] 16/7/2018 13:59

This well now imminent also. 25 June 201825 June 2018Nostra Terra Oil and Gas Company plc("Nostra Terra" or the "Company")Permian Basin G6 Well - Completed and being put into productionNostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce that its recently drilled G6 Well, located in the Permian Basin, has been successfully completed and is being put into immediate production.The G6 Well was completed in the Clear Fork formation with a common stimulation procedure for this formation. We are conducting final operations to place the well on continuous production, which is expected to take place in the coming days. During the completion process oil shows were already present at the surface.

[tidy 2] 16/7/2018 13:52

Further flow rates on further well now imminent also.

[tidy 2] 16/7/2018 13:51

Off the radar with buys trickling in.

[amrishbhim] 16/7/2018 13:45

Tidy 2 the market don't seem to like the news , considering a brilliant RNS ,What's your opinion on this

[imjustdandy] 16/7/2018 13:44

137m shares in issue. Should be 10p minimum

[tidy 2] 16/7/2018 13:34

Only 147m shares in issue 155 bopd 5m cap. Wont need much to keep the rise going.

[tidy 2] 16/7/2018 13:30

Yes 20k quid buy.

[imjustdandy] 16/7/2018 13:26

Good news at long last.. yes big delayed 500,000 buy there at 3.8. Should be a great week and back towards 5p again

[tidy 2] 16/7/2018 13:26

3.8 I meant soz. Got BPC range on my mind.

[tidy 2] 16/7/2018 13:25

TA on todays production newsExpecting 4.49 then 5.81

[bad gateway] 16/7/2018 13:17

Can see a 500k at 3.8 tidy 2 but not at 5.8. Was it a mistype?
Someone got well spiked if they did pay that.

[tidy 2] 16/7/2018 13:16

Until the RNS there was 3 trades. Lots since so word is spreading slowly.

[tidy 2] 16/7/2018 13:09

Here come he buyers. 500k 5.8 paid.

[tidy 2] 16/7/2018 12:27

RNS Number : 7631UNostra Terra Oil & Gas Company PLC16 July 201816 July 2018Nostra Terra Oil and Gas Company plc("Nostra Terra" or the "Company")Significant Production Increase at Pine MillsNostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce a significant production increase at Pine Mills. Pine Mills is Nostra Terra's wholly owned and operated producing oil field in Texas, USA.A workover was performed on an existing, inactive wellbore, which has increased average production from Pine Mills by 25 bopd in the last week. Workover costs were approximately $45,000, funded from free cashflow. This initial production rate was more than twice the rate originally expected by the Company, which is highly encouraging and emphasises the continued success the Company is having at Pine Mills.This adds to existing production at Pine Mills, which for the month of April averaged 130 bopd (as per the Company's latest operational update, announced on 22 May), and is now approximately 155 bopd.This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.Matt Lofgran, Chief Executive Officer of Nostra Terra, commented:"We're excited to have achieved such a significant increase in production, at such a low cost, which was funded from existing free cash flow. Our operations team has done a great job in continually building value at Pine Mills. This adds nicely to our overall revenue generation at Pine Mills, at a time when oil prices are the highest they've been in three and a half years."

[tidy 2] 16/7/2018 12:25

Bod options at 5p when the share price attains 8p for 10 days. Cunningly announced before this upgrade to 155bopd. Cap £5m gents.

[tidy 2] 16/7/2018 12:21

Plus Accordingly, the Board has approved the grant of an additional 11,500,000 new share options over Ordinary Shares ("New Share Options") with an exercise price of 5 pence ("Exercise Price"). The Exercise Price of the New Share Options represents a 30 per cent. premium to the closing mid-market price of an Ordinary Share on 1 June 2018.The New Share Options for the Board will only vest once the share price reaches 8 pence per Ordinary Share for 10 consecutive trading days, a 108 per cent premium to the closing mid-market price of an Ordinary Share on 1 June 2018. The New Share Options for employees and consultants will vest one year from the date of the award.

[chinese investor] 16/7/2018 12:16

Oil Flow at Pine Mills is now approximately 155 bopd.

[tidy 2] 16/7/2018 12:10

Bought 3.8 110k. 155bopd £5m cap.

[tidy 2] 16/7/2018 12:08

Just got in for 3.8.

[iloveit] 13/7/2018 10:24

What a steal at this price we are at ...rns hopefully going to rerate this back to new highs.6p was reached pre Permian production now it's flowing oil with more to come 20p+ surely ?

[guyswonga74] 12/7/2018 19:27

One hell of a frustrating share to hold this one is at the moment. Fundamentally it’s a no brainier but unloved by the market for now