Nostra Terra Oil And Gas Share Discussion Threads

[topicel] 08/2/2021 09:45

Indeed, $57 for WTi, the cash flow was 'positive' at $45 according to the RNS and indeed the operating lift costs are as low as $30 or under for break even at some of our wells.

The pressure must be building here...lol.

Topicel

[cgod] 07/2/2021 13:35

All good news for NTOG holders

[flipflops] 05/2/2021 22:44

Let's have it ntog.
Please

[bump3r] 05/2/2021 07:49

But I like that Premier Mitton group are up to 11%

They have a decent holding in my other holding YU. which is flying at the moment

[bump3r] 05/2/2021 07:48

Why has Ewan Ainsworth bought nearly 5%Ex director

[cgod] 04/2/2021 10:21

I am with you on that Topicel, here for the ride now, just starting.

[topicel] 04/2/2021 09:22

At the other end of the spectrum, I was in Anglo American 4-5 years ago because a private equity outfit I'd never heard off took a 5% stake when it was close to going bust - maybe 20p or so a share.

I followed the money and watched it grow back up to £2.80 when I thought that'll do me.

A week later it was £3.50 and I was annoyed, but not as much as when it went back to near old highs of £16...

Anyway, there is usually a good reason why these outfits take significant stakes for what seems like daft reasons. Maybe they're wrong as often as it pays off like Anglo, but at these levels NTOG has assets worth much more and the world is ready and waiting to boom.

I'll stick with Premier Miton for this year I think...

Topicel

[cgod] 04/2/2021 07:55

All good news, mms were bidding for stock late afternoon yesterday, lets see how today plays out.

[neilyb675] 04/2/2021 07:53

PREMIER MITON GROUP PLC

upped stake to 11.04%

[dyardley] 02/2/2021 14:25

Yeah nice work if you can get it. They got a good price for that amount

[neilyb675] 02/2/2021 14:17

warrant sell gone thru imo

[topicel] 02/2/2021 14:08

Couple of days late on my $55 WTi call for end of Jan.

I'm sure it is making the numbers look better and better at NTOG.

Topicel

[whu0319] 29/1/2021 16:23

TOP, Gamestop Indeed! haha

[topicel] 29/1/2021 13:59

Lol, shouldn't need a ramp at this valuation cgod.

Where's the Gamestop mob when they're needed?

Topicel

[cgod] 29/1/2021 08:00

Not ramp, just comments buddy, just had a placing, cash flow pos, money in the bank, what more could you ask for? good luck. DYOR

[ammu12] 28/1/2021 23:11

Not being silly. Defo a placing coming here....Screenshot this post.What kinda ceo spends most day ramping the share price rather than working....

[cgod] 28/1/2021 16:16

Enjoy.....

[neilyb675] 28/1/2021 09:11

from helpful (on LSE):

So to come we have:

1. Removal of the limit on the new well.
2. 2nd new well at Pine Mills farm-in, maybe May/June
3. Improvements at Caballos Creek
4. Update on the Permian Basin farm-in
5. Whatever new deals he is working on.
6. Updated reserves report.
7. Maybe new farm-ins at Pine Mills?

ML can push on now that he knows he is cashflow positive.

[cgod] 28/1/2021 07:48

Ammu12, dont be silly, just sit back and enjoy the ride.

[ammu12] 28/1/2021 07:26

What was the point of this rns?Someone is trying his best to ramp this ?Defo placing next

[neilyb675] 28/1/2021 07:23

As the macro-economic environment continues to re-build and strengthen, Nostra Terra will seek to continue to grow cashflow, production and reserves through a combination of developing its existing assets and also expanding its portfolio. As previously mentioned, the Company continues to progress various opportunities at various stages, both in the USA and internationally. The unsolicited fundraise completed earlier this month (at no discount to the market share price) provides additional funds to achieve this.

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

"The primary goal for the Company over the past 12 months has been to become cashflow positive. This became increasingly difficult during the global economic downturn brought on by the Covid-19 pandemic, simultaneously bringing on an oil price crash. We've seen a record number of bankruptcies during the same period. The Board worked diligently to not only survive the downturn, but to reposition the Company to be in a stronger position. We're pleased to be able to announce today that we've reached this milestone.

During the downturn we've also worked on multiple opportunities to expand our portfolio, in the USA and in other developed oil and gas provinces. Our goal with this has been to add to our existing foundation assets with large multiples of upside in potential reserves and production, while still sticking with assets that are substantially de-risked. To help achieve this we have capital from the recent fundraise, free cashflow from production and our Senior Lending Facility. We look forward to updating shareholders on progress in these various areas."

[neilyb675] 28/1/2021 07:22

The Company is now cash generative at the corporate level including meeting our monthly debt repayment obligations. Having now completed the December accounts which included production of net 103 bopd, the Company achieved positive cashflow in December 2020. In January 2021 Nostra Terra announced the success of the new well at Pine Mills, adding a further net 32.5 bopd (before royalties), an increase of approximately 26% in production net to the Company compared to December's figures. The Company's cashflow positivity is now a robust position, not simply dependent on the short-term oil price spike, but being first achieved in December where the spot price for oil (West Texas Intermediate, "WTI") was $45. January has proven to be stronger than December: oil prices have increased further and the new well at Pine Mills is now in production with its oil sales already commenced.

[1bluehorseshoe] 27/1/2021 08:36

Robin Hood going to burn any shorts with a squeeze same as GameStop

[markth126] 27/1/2021 08:13

Lots of strange size trades going through for 300ish at a time - over and over again???