Last checked at 7 Mar 2011 16:07
Nostra Terra Oil and Gas Company plc
("Nostra Terra" or the "Company")
Further re HPI Agreement
7 March 2011
Further to the update announcement made on 8 February 2011, the Company advises that the agreement with Hewitt Petroleum, Inc. and various related entities ("HPI") has not yet closed and that Nostra Terra continues to work towards reaching the objectives laid out in the agreement of 4 January 2011 (the "HPI Agreement").
The properties to which the closing relates are in Kansas and Utah. Net monthly production from the Bloom property remains stable. At Boxberger, production continues to be suspended pending completion of curative title work.
The Company will update shareholders further in due course.
For further information, visit www.ntog.co.uk or contact:
Nostra Terra Oil and Gas Company plc
Matt Lofgran, CEO
mlofgran@ntog.co.uk Telephone: +1 480 993 8933
Religare Capital Markets
Peter Trevelyan-Clark/Ben Jeynes Telephone: +44 (0)20 7444 0800
Alexander David Securities Ltd
David Scott/Bill Sharp/Nick Bealer Telephone: +44 (0)20 7448 9820
Announcements made by the Company are available automatically by email to those who register at www.ntog.co.uk.