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IN BRIEF: Nostra Terra Says Cypress Well In Texas Now In Production

Fri, 15th Jan 2021 13:53

Nostra Terra Oil & Gas Company PLC - Texas-focused oil and gas explorer - Says Cypress well at Pine Mills completed and now producing oil. "Construction of the tank battery has been completed, including two storage tanks of 400 barrels each, giving us 800 barrels capacity for the well," Nostra noted. Chief Executive Officer Matt Lofgran notes company plans to update on financial impact of the well, but will first announce flow rates.

Current stock price: 0.64 pence, down 12% on Friday

Year-to-date change: up 60%

By Eric Cunha; ericcunha@alliancenews.com

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