Nostra Terra Oil And Gas Share Discussion Threads

[m5] 05/5/2022 17:38

Some chunky buys today, 11,000,000 and paid a hefty premium.

[royalalbert] 05/5/2022 13:32

All this with oil at $109, there making money without F2 and west Texas, people are a bit to fickle.

[idriveajag] 05/5/2022 13:01

NTOG, 28/2/2022F 2:"Completion operations have commenced and the well will be cased and cemented through both pay intervals. Following this the pay sections will be perforated, the completion equipment run in the hole and then the surface production equipment will be put in place. The well will then immediately start producing into the surface facilities at the Fouke 1 location, which have been expanded to handle the Fouke 2 volumes.The impact of this well on oil in place and PUDs (additional proven locations) is currently under evaluation. An update will be provided to the market once this analysis has been concluded. Nostra Terra owns a 32.5% working interest ("WI") in the Fouke 2 well."

[idriveajag] 05/5/2022 11:54

The F2 well Cypress just drilled is an offset of the first producing well, so should also be a producer. Initial indications announced a few months ago were that it encountered better than expected pay zones.

[puffet] 05/5/2022 11:51

The fall back is way overdone on very low volume, topping up again at this price.

[puffet] 05/5/2022 11:51

The fall back is way overdone on very low volume, topping up again at this price.

[idriveajag] 05/5/2022 11:49

Cypress Minerals? Topped up again at this price. All going well and the cash is flowing into NTOG.

[jungmana] 05/5/2022 11:12

We are not the operator on F2, therefore is out of hands. We should get GE 2 news by Monday as drill to TD takes just 7 days.

[jrlomax] 05/5/2022 10:28

A delay in releasing flow rates is always taken as bad news on aim

[iloveit] 05/5/2022 09:50

Buys today ?

[iloveit] 04/5/2022 18:36

10p a share is the target give it time and you will love it . Dyor

[guyswonga19744] 04/5/2022 16:01

churned a good few today. next wave should hold 0.8p

[topicel] 04/5/2022 11:46

Indeed, it may not be BP with a £5b profit this quarter, but all junior oilers will also start to rise in relation to their size, and a £5m outfit can easily turn into a £50m one at $100-plus a barrel.

The added bonus of further wells and production - again, all in relation to the existing - will see the value here increase.

Not much to dislike as an investment given the EU are about to embargo Russian oil officially going forward, and the Saudis/OPEC are not looking likely to help much...

[idriveajag] 04/5/2022 11:18

Last update on Fouke 2 was two months ago, so expecting an update detailing production, impact on oil in place and PUDs (additional proven locations).

Then an update on Grant East 1, which was spudded on 29th April, reaches target depth 7 days later (tomorrow or Friday) and goes into production 30 to 45 days after spuddung (end of this month or early next month), and then commencement of Grant East 2 & 3 this year.

NTOG is a cash generative and profitable oil company.

[city chappy] 04/5/2022 10:41

Keep adding.

[idriveajag] 04/5/2022 10:39

In Q4 NTOG were selling oil at $70 per barrel. Today the WTI price is over $100 per barrel. They aren't hedging, so now benefit from selling at the prevailing higher prices, and are increasing production via two wells just drilled and another two to follow this year.NTOG target price 10p.

[jrlomax] 04/5/2022 10:34

Get them out the way

[gasman10] 04/5/2022 10:20

Its some warrents being churned, it will soon go back up

[chickbait] 04/5/2022 09:58

Market Summary
>
Nostra Terra Oil and Gas Company plc
0.82 GBX
-149.18 (-99.45%)all time
4 May, 09:55 BST • Disclaimer

DON'T GET SPIKED!!!

[jrlomax] 04/5/2022 09:56

Cash flow positive, all wells internally funded. Try again pal

[jungmana] 04/5/2022 09:51

"Most importantly, like Grant East #1, all future wells are forecasted to be funded internally, without the need for further dilution."

[jungmana] 04/5/2022 09:50

Agreed. I have a 3p conservative target for 2022.F2 news due soon and then the first permian well being drilled should reach TD by weekend. So should get another rns next week

[markth126] 04/5/2022 09:46

matt the snake will be raising again soon at this price. Been there done that with this. not a deramp just what we've become accustomed too.

[chinese investor] 04/5/2022 09:41

My Share For 2022 !

[monis] 04/5/2022 09:26

Initial news on F2 was very positive and a while ago now so we should hear something very soon you would think.