Nostra Terra Oil And Gas Share Discussion Threads

[dyardley] 18/12/2020 08:53

So $50 is imminent.The last embers of sellers today

[cgod] 18/12/2020 07:47

More clues on NTOG Twitter account last night. Its even higher this morning.

Will be interesting indeed to see the increased production levels.

The increase in oil prices from $40 has a significant impact on margins and cashflow for #NTOG

“...Brent crude futures rose to $51.23 a barrel, while U.S. WTI crude futures rose to $47.98 a barrel. Both benchmarks hit their highest since early March...”
Oil prices hit nine-month high after U.S. crude stock draw
Oil hit a nine-month high on Thursday.

[cgod] 17/12/2020 13:04

Matt did say in the latest podcast interview, that all the closed down wells, due to covid 19, are up and running at increased production levels, thats with out the new wells starting to produce. More news on it way, hold on guys.

[1bluehorseshoe] 17/12/2020 12:39

In May 2018 existing Pine Mills production averaged 155 bopd so will be interesting to see new well rates

[dyardley] 17/12/2020 12:31

Think this will be up tomorrow as all the sellers diminish

[neilyb675] 17/12/2020 12:08

Next RNS:

Well completed.

I would say that will be in next couple of days.

Next RNS after that:

Production figures from Cypress well.

I would say that will be other side of Christmas.

[dyardley] 17/12/2020 11:42

Yeah agree. Thanks

[1bluehorseshoe] 17/12/2020 11:27

I suspect that Matt already has the data but will wait to combine the other news to release in quick succession.He knows that nothing short of positive news will do.I personally would love to know what happened to Mesquite

[dyardley] 17/12/2020 11:22

1blue are you still around?Why do you think the flow rates are taking time?Is it that they want an average over maybe a month?Any view

[cgod] 17/12/2020 08:08

$51.70 this morning, all good. Bring on the update.

[dyardley] 17/12/2020 07:34

Yes a good purchase.Wti closing in on $50. Straight into cash. Just need some numbers now

[cgod] 16/12/2020 20:24

Some took 2.5 mill before close. Did not think at this level we would get sellers, with all the news expected, oh well we need buyers and sellers to make a market.

[topicel] 16/12/2020 16:52

An upbeat Matt, as usual. But we know he has good reason this time, especially on the macro front.

$65 seems excessive to me, we shall see about that, my focus remains on the increased reserves that can ripen this baby up on the bottom line. It sure can't hurt if the cash flow is bigger though due to higher oil prices.

It also looks like plenty of news in the last fortnight of 2020 which, if as expected, will finally move the dial here back towards 1p for starters.

Topicel

[cgod] 16/12/2020 12:41

hxxps://total-market-solutions.com/2020/12/7974/

[cgod] 15/12/2020 20:32

That 2.75 mill at close of play must of been a buy, they were only bidding .4 for that amount all day. Disappointing reaction to the news flow, lets hope that the history of our leader ML is not putting off small investors?
Look forward to the production increase RNS out shortly. Good luck all.

[dyardley] 15/12/2020 16:01

Wti heading for $48

[dyardley] 15/12/2020 12:47

Personally I'm disappointed the flow rates are taking so long to be announced!

[cgod] 15/12/2020 11:30

4 mill buys so far, only 4000 sales. The 788496 on the buy and sold was a rollover.

[cgod] 15/12/2020 10:47

Good post Topicel. keep the faith all.

[topicel] 15/12/2020 10:28

Cinoib, that means you're breaking even around 1.5P mon ami?

Well, as cgod states, if Matt has his usual luck - mainly a good team actually - then we should see some good numbers soon from the current drill and, most exciting, the increase in reserves.

As was stated on the podcast link the other day this company is valued now on little more than the fields it owns and the equipment etc thereon. £1.71 is barely enough to asset strip NTOG and income is steady and increasing too. The value here will be in the new reserves numbers, imho.

As the rather superfluous RNS today reminds everyone, the cash flow is going up with every post-covid anticipation for the oil price, and the leverage at 0.45p a share is considerable. So, I agree with cgod and reckon you'll be looking at 1.5p early next year. Quite early if oil goes nicely above $50 for WTi...

I've stated before that I expect 2.5p as fair value as we stand. The important thing is the junior oilers are looking up and NTOG has a habit of bouncing very nicely when the market turns.

Topicel

[cgod] 15/12/2020 10:03

I am sure that you will see that in the next few months. I am in this for my pension, and happy to hold, come on Matt keep the good news flowing.

[cinoib] 15/12/2020 09:02

Been here too long to expect any real excitement from Matt. I will wait and see.The share price need to treble for me to break even.

[cgod] 15/12/2020 08:08

Good talk on TMS, more news planned this side of xmas. should be a good run up to the year end.

[oilbuy] 15/12/2020 07:49

Should not be allowed to issue an RNS on thoses grounds.Says it all to me

[justtrying1] 15/12/2020 07:26

Pathetic rns