Nostra Terra Oil & Gas Company PLC - London-based oil & gas company - Further to announcement on January 11, signs a strategic partnership with a subsidiary of Cypress. Explains the partnership will allow the two companies to use an extensive, modern, regional 3D seismic data set to jointly develop production growth opportunities across an expansive area of East Texas where the companies have already experienced "great" results. The initial target of the exercise will be the sub-Clarksville horizon found in the Fouke wells, but the technical focus will not be limited to this horizon alone.
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By Jeremy Cutler, Alliance News reporter
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Nostra Terra (NTOG)