3 wells9 Apr 2018 09:44
All three wells will target the Clear Fork formation and share similar economic profiles to the recently drilled Twin Well. In addition, Nostra Terra continues to assess additional locations to permit, beyond the three awarded, for future drilling.
As previously announced, Nostra Terra expects to commence drilling operations at the first of the three new wells in early May 2018. The Company is in the process of preparing to build the drilling location and securing a rig to drill the next well. Nostra Terra will provide updates to the market in the coming weeks.