Nostra Terra Oil And Gas Share Discussion Threads

[burtond1] 15/12/2020 07:20

The Perfect Storm for @NTOGplc ? "...Operations are right, our bases are right and the increase in the price of oil makes for a nice accelerator..."Here #NTOG CEO @mlofgran catches up with @copytaster to expand a little more...https://total-market-solutions.com/2020/12/7974/

[cgod] 15/12/2020 07:20

Looking very good, 2 mill M/Cap, I do not think so.

Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA is pleased to note the recent significant improvement in oil commodity price and its positive impact on the Company's drive to become cashflow positive.

Over the past month WTI oil price has increased from around $40 per barrel to $45 per barrel which, on its own, materially enhances cashflow for Nostra Terra. The increase follows announcements that positive trial results have been achieved for vaccines against the Covid-19 virus.

As stated on 30 October 2020, Nostra Terra's focus is very much on increasing cashflow through assets with lasting reserves. Covid-19 has had a very negative impact on the global economy and consequently on oil prices. The average WTI oil price during the first half of 2020 was US$25.45, per barrel (compared to US$57.39 in 2019).

In addition, during 2020 Nostra Terra made substantial reductions in corporate overhead as well as in lifting costs for its producing assets. As previously announced, some production was temporarily suspended during the period of lower oil prices in order to conserve capital. Those wells have now been put back online and production is back above pre-curtailment levels. We intend to announce production figures from H2-2020 in January. Completion of the Cypress well at Pine Mills, where the majority of Nostra Terra's interest is carried by the farminee, is also underway and we anticipate updating on it shortly.

Matt Lofgran , Nostra Terra's Chief Executive Officer, said:

"Given the relatively fixed cost base (both corporate and in the field), the increase in oil prices from $40 to $45 has a significant impact on margins and cashflow to Nostra Terra. This in turn positively affects the value of our reserves and consequently our Senior Lending Facility, which provides capital that can be used for further acquisitions and drilling.

We're finishing the year in a much, much stronger position than we started it. The Company, as planned, made significant reductions in corporate overhead and brought lifting costs down further. The significance being that any additional production will have that much more positive an impact."

[dyardley] 15/12/2020 07:03

A good start

[cgod] 15/12/2020 06:51

Could do with the update please Matt!

[dyardley] 14/12/2020 12:42

A bit of a damp squid start to the week

[werdnado] 13/12/2020 22:01

Big week coming

[cgod] 13/12/2020 20:20

Here it is, make your own mind up guys, last chance to get in at these low prices.

StockBox 🎙️
28200;📽ʊ39;
@StockBoxMedia



Alan Green Research Talks - Arkle Resources #ARK & Nostra Terra Oil & Gas #NTOG

[cgod] 12/12/2020 20:35

Nostra Terra 42mins in. Pod cast 83 Doc Holiday

[cgod] 12/12/2020 20:19

Analyst Alan Green is doing a podcast on Nostra Terra tomorrow, through Stock Box Media, does any one have access to it please?

[cgod] 11/12/2020 13:06

Just had to take another 250k at this price.

[1bluehorseshoe] 11/12/2020 11:38

The two larger deals so far are buys

[dyardley] 11/12/2020 11:31

Was that the sell price?Looks like a buy then price down

[dyardley] 11/12/2020 10:17

I reckon he's getting all his ducks in a row to announce hopefully some transformational news!Plus with oil steadily rising there's no rush on his part

[neilyb675] 11/12/2020 09:28

Certainly can't be accused of ever rushing ....

[dyardley] 10/12/2020 15:34

Wow!Wti up 3.75%

[cgod] 10/12/2020 15:06

Brent crude $50.16 WTI $47.25, all good for reserves and update.

[cgod] 10/12/2020 08:43

Clues in the tweets

Matt Lofgran🛢
@mlofgran
·
16h
Oil price increase $40 up to $45 actually has a large & positive impact for Nostra Terra. (OH and lifting costs pretty fixed = margin on net cashflow increases...)

Then consider the completion for the Cypress well is taking place as planned (update via RNS once done). #NTOG
Quote Tweet
Mark EJ Fairbairn
@MarkEJFairbairn
· Dec 9
Always a pleasure with @DDS_DocHoliday on the @MarketMusing podcast

#EEE, #ECR, #HE1, #CHF, #BLU, #GILD, #AST, #ECHO, #NTOG, #RRR, #CGO

hxxps://audioboom.com/posts/7747199-podcast-no-83-with-doc-holiday?utm_campaign=detailpage&utm_content=retweet&utm_medium=social&;utm_source=twitter
Matt Lofgran🛢 Retweeted
David Burton
@DavidBurton1971
·
Dec 5
Replying to
@DDS_DocHoliday
Best yet, short and to the point!

#CGO “The Next #CHF ?” Enough said

#ECR “4/5/6p T/p”

#ECHO “I have bought £35k worth” Enough said

#BLOE “Positive̶1;

#NTOG “M/Cap is wrong” Upwards arrow

#SWG “Worth a tickle” Enough said

“Trading is n

[dyardley] 10/12/2020 07:42

Surprised no rns espeafter the ML comments on twitter

[cgod] 10/12/2020 07:40

Bad day Benny, dont invest then.

[bump3r] 09/12/2020 22:51

Expect an update in the morning then.See what the sump pumps and nodding donkeys can give us in 2020

[bump3r] 09/12/2020 22:49

?Matt Lofgran?@mlofgran·6hOil price increase $40 up to $45 actually has a large & positive impact for Nostra Terra. (OH and lifting costs pretty fixed = margin on net cashflow increases...) Then consider the completion for the Cypress well is taking place as planned (update via RNS once done). #NTOG

[cgod] 09/12/2020 15:21

Or MMs getting as much stock as possible before news breaks?

[dyardley] 09/12/2020 15:11

Yeah.Either that or a leak of good news

[cgod] 09/12/2020 15:03

I feel an order is being filled here!