Nostra Terra Oil And Gas Share Discussion Threads

[jungmana] 16/5/2022 09:06

Got to 3.8 million total holding after adding some about 0.75p.A happy shareholder here

[royalalbert] 16/5/2022 08:49

OD there are not that many warrants in the big scheme, also quite a few will already be cleared.

Assume some late reporting of sells will take place these could be the warrant holders in chunks of 1m.

However once fully cleared which could be today or shortly, re-rate will be good.

[peterdonovan] 16/5/2022 08:47

Thanks for all of your replies

[officerdigby] 16/5/2022 08:22

Hi Peter lots if warrants that are looking to clear so a bit if dampening if increase for bit.

not sinister though.. Put in place when company was in different financial situation.

[itsmyshares] 16/5/2022 08:21

NTOG.L
NOSTRA TERRA OIL & GAS CO PLC
Current price0.74 0.75
Quote price0.7433
Order typeFixed price quote
Quantity65600
Investment
Commission
£8.00
Consideration
£487.60
Total cost£495.60
Other charges apply. Learn more

[genierub] 16/5/2022 08:21

Just wait until the MMs let it go. This is one of the best O&G holds on the market. 100% oil (no water) in both wells and another well coming online in a few weeks. Heading into the energy crisis in Winter.

Buy, hold and enjoy your returns.

[itsmyshares] 16/5/2022 08:20

Last two trades are buys. Either buy now for the bounce and long term or miss out.

[peterdonovan] 16/5/2022 08:18

Why all the selling ? Look interesting I'm new to this share anything I need to know before purchasing?

[genierub] 16/5/2022 08:12

Market Makers just sucked out the weak. All eyes on year high break. The all eyes then on 1p break....and then is is JENGA.

[jungmana] 16/5/2022 08:04

Should be 1p+ today imo. My 3p 2022 target is now looking conservative

[jungmana] 16/5/2022 07:54

Agreed mate and remember they said this;We're excited to get started so quickly at Grant East, which we believe has the potential to be a bigger contributor to the Company's net production than Pine Mills where we had our recent success with the Fouke 2.

[royalalbert] 16/5/2022 07:51

Jung GE1 will be most interesting, especially at 100%.

[royalalbert] 16/5/2022 07:50

Wouldn't bet on it would you, LoL.

[jungmana] 16/5/2022 07:50

Companies with similar production are valued at GBP 20m market cap levels with oil @100$. Thats vlose to 2p for us. And we are increasing with GE1 to come online in a couple of weeks.

[guyswonga197444] 16/5/2022 07:45

surely the market cannot ignore NTOG now and value us correctly

[royalalbert] 16/5/2022 07:40

You would expect our partner to now look at drilling more wells within the block sharpish.

[royalalbert] 16/5/2022 07:36

Here's the well,

[royalalbert] 16/5/2022 07:33

Q4 production was 10885 barrels, they are hinting at 40% increase on this from now so

10885/3 = 3628 per month plus 40% = 5079 per month from now hopefully.

5079 x 100 price per barrel (conservative I think) = $507,900 per month revenue at present.

GE1 still to come.

It's looking good.

[royalalbert] 16/5/2022 07:11

Yep happy days like this bit also

" A decision is anticipated later in the year. During the interim period the operator plans to produce each well at circa 140 bopd, which is above the current allowable cap, to obtain sufficient technical information to support the increased field allowable."

[jungmana] 16/5/2022 07:07

What a great rns to wake up to. Happy days

[guyswonga19744] 16/5/2022 07:06

WOE Excellent RNS 140 bopd faulke 2 limited due to field restrictions bumper year ahead

[wolansm] 13/5/2022 13:48

If the company wanted they could hedge against a rise or indeed a fall so there's a sway out off that risk.... Note I'm not saying what they should or could do, also just in case you don't know there are still quite a few petrol and diesel cars about and they will be around for quite a while.... You Are filtered your an ar@e

[royalalbert] 13/5/2022 09:25

Deccor1, this from RNS 14th April.

"The Company is permitting 3 wells initially with additional wells to follow depending upon the results and subsequent spacing requirements. Location construction is nearing completion and the drilling rig scheduled to arrive on location in the coming days. The Lease acquisition and drilling costs for the Grant East # 1 have been internally funded"

Also if you seriously believe oil will fall because of EVs, you are deluded.

Now toddle off with your deramping.

Also filtered to join your pal KC.

[ken chung] 13/5/2022 08:55

Lifestyle company.

[deccer1] 13/5/2022 08:54

Trouble is the cost of hiring drilling rigs has risen with the oil price offsetting benefits and they are planning to risk it all on a throw of the dice in Tunisia with no Plan B if that fails. At some point the oil price will also fall and everyone is moving to electric vehicles anyway.