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Pin to quick picksNostra Terra Regulatory News (NTOG)

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Pine Mills – Operations Update

5 Nov 2020 07:00

RNS Number : 3056E
Nostra Terra Oil & Gas Company PLC
05 November 2020
 

 

 

7.00am 5 November 2020

 

Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")

 

Pine Mills - Operations Update

 

 

Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA   is pleased to announce, further to the Company's RNS on 19 October 2020, that Cypress Minerals LLC ("Cypress") has received the drilling permit in preparation to drill the new well at the Company's Pine Mills oil field.

 

Drilling is permitted to a total depth of 6,000 feet and is estimated to take approximately 10 days. The primary target formation is the prolific Woodbine Sand, while the well will also evaluate several other known overburden formations.

 

Construction of the drilling pad is nearly complete. Drilling is anticipated to begin within days. Nostra Terra owns a 32.5% working interest ("WI") in the planned well, which includes a 25% carried WI and the remainder at cost.

 

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

 

For further information, contact:

Nostra Terra Oil and Gas Company plc

Matt Lofgran, CEO

 

Email:

+1 480 993 8933

Beaumont Cornish Limited

(Nominated Adviser)

James Biddle/ Roland Cornish

 

Tel:

+44 (0) 20 7628 3396

Novum Securities Limited (Broker)

Jon Belliss

 

Lionsgate Communications (Public Relations)

Jonathan Charles

Tel:

 

 

Tel:

+44 (0) 207 399 9425

 

 

+44 (0) 7791 892509

 

 

 

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UPDBIBPTMTBMBPM
Date   Source Headline
22nd Feb 20247:00 amRNSHolding(s) in Company
6th Feb 20249:23 amRNSHolding(s) in Company
30th Jan 20249:37 amRNSHolding(s) in Company
30th Jan 20249:34 amRNSHolding(s) in Company
29th Jan 20248:12 amRNSHolding(s) in Company
16th Jan 20247:00 amRNSNTOG enters a Strategic Partnership
11th Jan 20247:00 amRNSGrowth Plans and Fundraise, Issue of Equity & TVR
28th Sep 20237:00 amRNSHalf-year Report
30th Aug 20239:50 amRNSFavourable Ruling regarding Fouke Wells
30th Jun 20232:45 pmRNSResult of AGM
2nd Jun 20237:00 amRNSFinal Results
20th Apr 20237:00 amRNSQ4 Production and Operations Update
27th Mar 20235:00 pmRNSChange of Auditor
30th Dec 20227:00 amRNSQ3 Production and Operations Update
16th Dec 20227:00 amRNSSubstantial increase in Senior Facility
30th Sep 20227:00 amRNSInterim Results for the period ended 30 June 2022
1st Sep 20227:00 amRNSQ2 Production and Operations Update
1st Aug 20227:00 amRNSFouke #2 Payback in Under 3 Months
19th Jul 202211:05 amRNSSecond Price Monitoring Extn
19th Jul 202211:00 amRNSPrice Monitoring Extension
18th Jul 20227:00 amRNSHolding(s) in Company
30th Jun 202211:22 amRNSResult of AGM
8th Jun 20227:00 amRNSFinal Results
7th Jun 20221:07 pmRNSGrant East #1 Completion Results
1st Jun 20224:40 pmRNSSecond Price Monitoring Extn
1st Jun 20224:35 pmRNSPrice Monitoring Extension
1st Jun 20222:05 pmRNSSecond Price Monitoring Extn
1st Jun 20222:00 pmRNSPrice Monitoring Extension
1st Jun 20227:00 amRNSExercise of Warrants and TVR
26th May 20227:00 amRNSQ1 Production and Operations Update
16th May 20227:00 amRNSFouke 2 Production Rates Exceed Expectations
9th May 20227:00 amRNSGrant East #1 Well successfully drilled
3rd May 20227:00 amRNSPermian Basin – Grant East #1 Well Spud
14th Apr 20227:00 amRNSDrilling Start Up – Grant East Lease
8th Apr 20227:00 amRNSExtension to Exercise Period for Placing Warrants
1st Apr 20226:24 pmRNSExercise of Warrants and TVR
28th Mar 20227:00 amRNSSenior Facility Expansion and asset value increase
28th Feb 20227:00 amRNSPine Mills – Fouke 2 Well successful
23rd Feb 20227:00 amRNSQ4 Production and Operations Update
17th Feb 20227:00 amRNSPine Mills – New Well Spud – Fouke #2
4th Feb 20227:00 amRNSAppointment of Director
10th Jan 20227:00 amRNSPine Mills – Operations for New Well
5th Jan 20227:00 amRNS2022 Growth Plans
8th Nov 20217:00 amRNSOperations Update
2nd Nov 20213:01 pmRNSExercise of Warrants and TVR
20th Oct 20217:00 amRNSFurther Reserves Update
30th Sep 20217:00 amRNSInterim Results
29th Sep 20218:40 amRNS$10m Senior Facility and Reserves Upgrade
5th Jul 20211:41 pmRNSResult of AGM
14th Jun 20217:00 amRNSFinal Results and Notice of AGM

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