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£10M Facility at 4.4%
**wow!***
who has seen this?
29 September 2021
Nostra Terra Oil and Gas Company Plc
("Nostra Terra" or "the Company")
$10 Million Senior Facility
and
Substantial Reserves Upgrade
Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, is pleased to announce both the renewal of its Senior Lending Facility ("Senior Facility" or "Facility") resulting in a significant increase in Facility size and available Borrowing Base and a substantial upgrade in Reserves.
Highlights
Senior Facility
· Increased Facility size to $10,000,000 (from $5,000,000), a 100% increase
· Increase Borrowing Base to $2,350,000 (from $1,550,000), a 52% increase
· 4.40% interest rate
so Current Mcpa £2.6M say 1000% rise that would give NTOG Mcap of only £25M
read this
https://eu.currentargus.com/story/news/local/2022/01/18/oil-and-gas-mergers-continue-2022-focused-permian-basin/6525346001/
maqsood
I reckon in few days we should get Production update from Permian Basin in Texas where its been reported Oil and gas to increase production.
and Where is NTOG based? 30 yep you guessed it, Permian Basin, one of the largest USA onshore oil fields.
Bring on February
Resistance at these levels broken and we are off to 0.60 area next.
Production 128bopd and rising!!
3-4 more wells to be added soon and we will fund these wells with revenue generated!!
Oil at 87 plus!!
All looks good,gla.
Looks like he discovered 2x 100baggers on the same day. What a douche
Knows his stuff.
Reading his history and you will see he has found multiple potential 10 baggers.
And a potential 100 bagger.
I kid you not :)
1000 bopd? Well if its taken 13 years to get to 128 we will all be dead before ndog gets to 1000bopd. Woof woof
I wish people stop mentioning loan facility it’s a debt.
It adds no value to a company at all. Especially this one.
Doesn't using CAPITALS in texts and messages mean that you are shouting?
Why are you shouting at me? This is a discussion board and if I have upset you then I apologise.
All I am trying to do is ask any investors who might be think about investing to research the history of NTOG.
I was once interested in investing in British Leyland and then I woke up for the nightmare.
As I’m sitting watching River Gold hunters.
As the 2nd well is a offset to 1st well. Will
It reduce pressure on 1st well?
Enjoy drinking oil from the well. And try and get as much crude oil in your mouth as this will be the only return you get back from NDOG
so what update are NTOG holders expecting?
Well read the RNS's and its all there.
can't spoon feed with all the information on the public domain.
Knowledge is money, keep gaining valuable information from the company website, RNS's, twitter and lastly have some good wishes for the company.
DON'T SPIT IN THE WELL, COZ ONE DAY YOU MAY NEED TO DRINK FROM IT.
May I suggest a change of company whom you work for? You two appear so enthusiastic and dedicated to the role but might not be employed by the best company who is trying to pump NTOG. Ever considered a better career?
How about you practice the following phrase - "Would you like fries with that?"
No clues in RNS
Like I said earlier they are just filler busting RNSs to by time.
question from JIM COTEE
just how do you know that there is an update due any DAY?
READ RNS'S ON THE CLUE IS THERE!!!!
Jim Coote
stop DWELLING IN THE PAST
MY CALCULATIONS ARE BASED IN THE CURRENT MARKET PRICE.
YOU KEEP WASTING YOUR TIME AND ENERGY DWELLING IN THE PAST.
UTTER CRAZY GUY
EarlofPumpers, just how do you know that there is an update due any day? Pumping up NDOG are we?
I use my crystal balls but for much better uses.
Your calculations, which you are using previous production figures with fictional oil prices and a bloody brilliant daily well productivity if you think that a well is up 24h / 365 days a year.
FYI - Average price of crude oil in 2021 was around $70 per barrel.
2020 price was $42
Stop wissing on my strawberries you.
Going to bed tonight thinking about 10bagger 3p here we come.
Surely CEO can get us back to 3p. Where we was pre covid start. Every other stocks has nearly recovered.
10 bagger
You should change yr name to the EarlofBull**** :)
It’s a labour of love for me.
But looks like merry men are trying their best.
You have been around just as long as me to know what’s happening!!!
Sounds like a placing is going to drop sooner than later.
Bet CEO has Identified new potential and to take advantage he he needs more funds.
billy101203
let,s hope you get your 3p one day
That’s gets my 3p!!!!!!!!!!
cash flow positive, drilling new wells, WTI ripping and a <3m MC. You can take a horse to water
NTOG
is a turnaround story, and boy wait till this do 10 Bagger within 18 months.
mark my words