WTI Crude price $71.5510 May 2018 11:56
WTI Crude Oil (Nymex) USD/ bbl. $71.55 +0.41 +0.58%.NTOG apparently makes $�$� with oil at $30,so with oil at $71.55the company doing well,IMO only & DYOR. Today's NTOG News. The G6 well was drilled to a total depth of 3,206 feet encountering the following formations as expected; the Upper San Andres, Lower San Andres, Glorietta, Upper Clear Fork, Middle Clear Fork, and Lower Clear Fork Formations. The well intersected more than 103 feet of gross oil pay in aggregate across the target objectives, calculated from log data. Drilling was successfully completed on time and on budget.
The production casing has been run and the well cemented. The Company will proceed with completion and tie-in operations, following which it anticipates putting the well into continuous production. The Company has a 53.25% working interest in the G6 well.The drilling rig has now been released and is being mobilised to the next well that Nostra Terra is drilling in the area. Nostra Terra has a 73% working interest in this well.