Nostra Terra Oil And Gas Share Discussion Threads

[andy] 21/8/2015 09:21

OK,

You confused me when you said "profits"!

Current WTI price means profits will be in short supply in the oil sector, Saudis trying to break the US oil and gas industry per chance?

Companies using leverage are going to be hard pushed at $40 WTI.

I saw a presentation by a Canadian Oil company a few months ago, and they said "we don't even want to think about a WTI price beginning with a 6".

They were leveraged, I wonder how they're getting on at $40?

[chinese investor] 21/8/2015 08:58

Andy,
I meant "The Interims" !

[andy] 21/8/2015 08:56

CI,

No we don't, there aren't any!

Check the figures you just posted!

And WTI is now far lower!

[chinese investor] 21/8/2015 08:47

Andy,
We'll have to wait until end of September for the Profits etc !

[chinese investor] 21/8/2015 08:46

The Interims for 2014 stated :-
Revenue £414,000
Cost Of Sales £452,000
Administration £313,000

Revenue for the First Six Months of 2014 was $743,000
Revenue for the First Six Months of 2015 was $766,000

[andy] 21/8/2015 08:39

CI,

Exactly!

RNS are an art form, and this was no exception!

They kept the focus on revenue, whereas they didn't mention the decline in production (around 13% over three months).

The May and June WTI price averaged around $60, July around $48, and August could be around $42.

[chinese investor] 21/8/2015 08:21

"Many operators in the USA have taken the view that it is better to receive a higher return for their investment when oil prices recover, as many experts have forecasted for later this year."

Andy,
They certainly are not making a profit at the moment !

[andy] 21/8/2015 08:19

CI,

Did you spot the production decline?

WTI is currently trading at $7 a barrel less than April!

Do you believe they are making a profit at these prices?

[rwauu] 21/8/2015 08:15

It will be slaughtered for now. Sorry, but oil and fracking in usa is just too risky now. Oil is not going down...

[chinese investor] 21/8/2015 08:13

The market certainly doesn't like the numbers !

[andy] 21/8/2015 08:07

CI,

revenue is one thing, what is the profit?

[chinese investor] 21/8/2015 08:01

Up From Here !

[chinese investor] 21/8/2015 07:28

"Despite the challenges faced and the lowest oil prices since 2009 we continue to receive a return on our production portfolio with 8,663 barrels of oil equivalent sold in the second quarter bringing in US$319,219 of revenue."

[brandy5911] 09/8/2015 19:55

Pp this is were you are Hi scumVote brandy

[michaelsadvfn] 07/8/2015 08:30

Another good post!

squiresquire 7 Aug'15 - 08:11 - 2727 of 2729 2 0 (premium)

Old Petty grow has a pretty awful mentality, just imagine thinking like that, let alone actually writing that stuff in a public place. Ghastly person.

[michaelsadvfn] 07/8/2015 07:44

Good post!

btgman 7 Aug'15 - 00:37 - 2723 of 2725 3 0

PP

I would be sooner be out of pocket than sink to your level.

Scum!

[reba] 06/8/2015 11:41

Nice buy

Still in profit. Still making money.

[andy] 31/7/2015 09:08

What's your definition of "imminent" in numbers?

[chinese investor] 31/7/2015 08:54

IMPORTANT NOTICE TO ALL POSTERS

Imminent !

[fenseal3] 30/7/2015 07:37

1% of what...1 billion barrels, or 100 barrels, have i missed the figures, not so much of a great update, but love to be proved wrong, cheers.

[neilyb675] 30/7/2015 07:35

"Nostra Terra will update shareholders of production results of the initial well and any participation in future wells."

[sleveen] 30/7/2015 07:34

How many bopd are actually being produced by the 2 new wells?

[michaelsadvfn] 30/7/2015 07:19

Great update.... 1% of... 'a minor flow of oil came from the primary objective of the Don Pedro #1'.

Not only that, the charts point to a rapid 3-bag rise from here, fundamentals in the form of rising production also underpin the vastly undervalued share price.

Vastly undervalued? What a tool.

[chinese investor] 28/7/2015 09:11

Very Soon !