News Results for Nostra Terra Oil & Gas Company (NTOG)

Oil company Nostra Terra said further work at a new well in Texas indicated the oil was closer to the surface that previously anticipated. Logging work had been completed at the Cypress farm-out...

Oil company Nostra Terra said partner Cypress Minerals had begun construction of a drilling pad in preparation for a new well at the Pine Mills oil field in Texas. The rig was on standby next to...

Oil company Nostra Terra said it had raised £0.5m from an oversubscribed fundraise with institutional and professional investors. New shares in the company were issued at 0.25p each. Nostra Terra...

Oil company Nostra Terra said it had agreed to acquire a stake in three leases in western Texas, targeting immediate production in the Permian Basin. Nostra Terra said it had signed a farm-in...

Oil company Nostra Terra said it had completed its planned acquisition of the Caballos Creek oil field in Atascosa county, Texas. Nostra Terra said the asset gave it 30 barrels of oil per day of...

Matthew Lofgran, Chief Executive Officer, received in lieu of fees/salary 12,179,487 shares in the company on the 7th September 2020 at a price of 0.003000p. The Director now holds 50,705,463...

John Stafford, Non Executive Director, received in lieu of fees/salary 2,500,000 shares in the company on the 7th September 2020 at a price of 0.003000p. The Director now holds 2,500,000 shares....

George Staley, Chairman, received in lieu of fees/salary 4,166,667 shares in the company on the 7th September 2020 at a price of 0.003000p. The Director now holds 8,166,667 shares. Story provided...

Oil producer Nostra Terra Oil & Gas said it had acquired the producing Caballos Creek oil field in Texas from Oro Resources for $425k. The acquisition included five producing wells, two...

Oil and gas company Nostra Terra said it had agreed to up its working interest in the Pine Mills prospect in Texas to 32.5%. Nostra Terra said 25% of that 32.5% stake would be carried at no cost...

Oil company Nostra Terra said it had reduced lifting costs at its Pine Mills project in Texas, helping to improve the company's cashflow. Lifting costs at the project had fallen to around $16 per...

Oil company Nostra Terra Oil & Gas said it had agreed to sell a 75% take in its Pine Mills acreage in East Texas to Cypress. In exchange for the stake, Cypress would drill one well at its sole...

Texas focused oil explorer Nostra Terra said its chairman had resigned and that it had raised £0.32m from a share issue to strengthen its balance sheet amid a recent slump in oil prices. New...

Oil company Nostra Terra said it had made a number of changes to its board, leading to Eridge Capital withdrawing a request to hold a general meeting to push desired leadership changes. Andrew...

Nostra Terra Oil and Gas said chairman Ewen Ainsworth had stood down, with immediate effect. John Stafford had assumed the role of interim chairman while the composition of the board was settled...

Nostra Terra Oil and Gas said it would published a notice of general meeting by no later than 12 February regarding a push by Eridge Capital to remove its chief executive and chairman. The company...

Nostra Terra Oil Gas said it had received a letter from investor Eridge Capital calling for a general meeting to vote on the removal of chief executive Matt Lofgran. Eridge also wants Andrew...

Nostra Terra Oil & Gas said it had agreed to exit its 50% holding in an Egyptian project by transferring the stake to operator North Petroleum International. The transfer would be struck with...

Nostra Terra said leasing at its Mesquite asset in Texas had been completed and that a permitting process was now underway. The target area covered over 30,000 acres in the Permian Basin of which...

Matthew Lofgran, Chief Executive Officer, bought 550,000 shares in the company on the 13th August 2019 at a price of 1.70p. The Director now holds 6,525,976 shares. Story provided by...

Nostra Terra Oil and Gas said an arbitration court had ruled against the company regarding sums outstanding for the East Ghazalat joint venture in Egypt with North Petroleum International. The...

Oil and gas firm Nostra Terra has updated on its operations as it moves towards drilling its first horizontal well in the Permian Basin. Net production has increased to 111 bopd (barrels of oil...

Nostra Terra Oil and Gas booked a full-year loss, as expenses more than offset a rise in sales. Pre-tax losses for the year through December amounted to $0.9m compared to losses of $1.5m on-year....

Nostra Terra Oil and Gas Company said it was in advanced discussions with regards to a lease opportunity at its Mesquite asset in Texas. The new 160-acre lease opportunity presented the company...

Nostra Terra said it had raised £1.2m via a share placement to fund the development of its Mesquite prospect in Texas. New shares in the company were issued at 2.4p each. At 9:12am: (LON:NTOG)...

Nostra Terra said it had opened of a data room for parties interested in farming into the Mesquite asset in Texas. Nostra Terra said it had already received several unsolicited approaches from...

Nostra Terra Oil and Gas Company said a report on the Mesquite assets in the US Permian Basin indicated it could hold around 2.4m barrels of recoverable oil. Initial results from a engineered...

US and Egypt focused oil company Nostra Terra said it had opened a new permanent operations office in Dallas. The move comes after the company established itself in Texas in 2016, though it had...

Nostra Terra said an independent analysis indicated its Mesquite prospect in Texas could hold 2.5m barrel of oil. The company had appointed Trey Resources to create a field development plan for...

Nostra Terra said its US output so far in the second half was higher than the on-year period. Production had amounted to 109 barrels of oil per day net to the company, up from 101 barrels per day...

Nostra Terra Oil and Gas said it had acquired the Mesquite prospect in the US Permian Basin from Tall City for $150k. Tall City would keep an one-eighth carried working interest in the prospect's...

Nostra Terra Oil & Gas said it boosted first-half revenue by 55% on-year to a record of around $1.15m (£850k). 'With continued strength in the oil price and increased production across the...

Nostra Terra said it had boosted output at its Pine Mills oil field in Texas after reviving an old well. A work-over was performed on an inactive wellbore, increasing average production from Pine...

Nostra Terra Oil and Gas Company said its annual losses narrowed after a rise in production helped it boost revenue. Net losses amounted to £1.0m, compared to a loss in 12016 of £2.9m. Output...

Nostra Terra reported the commencement of drilling of its third well in the Permian Basin in Mitchell County, Texas. Following drilling and logging of the G6 well, the rig was mobilized to the...

Nostra Terra (NTOG) reported on production at its Twin Well and provided a permitting update for its assets in the Permian Basin in Mitchell County, Texas. TWIN WELL PRODUCTION Average production...

Nostra Terra Oil & Gas said it had generated record monthly revenue in February from its Pine Mills oil field in the US. Average daily oil sold during the month was 126 barrels per day, a 30%...

Nostra Terra has increased the number of permit applications for the US Permian Basin to three from one after securing a new loan. Legal completion of a senior lending facility was expected to...

Nostra Terra has received approval for a new $5m senior lending facility with Washington Federal Bank. A $1.2m portion of the facility would be immediately available for use on completion of legal...

Nostra Terra said it would undertake commercial flow testing in January 2018 for its Twin Well in Texas. It added that recent work was consistent with information received from a neighbouring...

Nostra Terra confirmed that preparation for a drilling location for a new well in the Permian Basin has commenced. Drilling of the so-called Twin Well is expected to commence later this month...

Nostra Terra Oil & Gas has confirmed the completion of its planned disposal of its remaining shares in Magnolia Petroleum. The Company said it has been able to realise a total consideration of...

Nostra Terra announced it successfully secured the remaining 12.5% working interest in the Pine Mills oilfield, Texas. Nostra Terra now has 100% ownership of Pine Mills. HIGHLIGHTS: - Successful...

Nostra Terra Oil and Gas has confirmed that the resolution proposed at today's adjourned Annual General Meeting, relating to the approval of the 2016 Annual Report & Accounts, has been passed...

Magnolia Petroleum said the requisition for the general meeting has been withdrawn by Steven Snead, Snead Family 2012 LLC, Snead Family LLC and Mr R Sterling Snead (together, the Snead Group)....

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Nostra Terra said it has noted the announcement made yesterday by Magnolia Petroleum and the publication of a circular convening a General Meeting of Magnolia on 18 July. The Company responded...

Nostra Terra Oil & Gas said that on 14 June it reached agreement with Echo Energy to acquire that company's 50% stake in Independent Resources Egypt Ltd. IRE owned a 50% non-operating interest...

Nostra Terra Oil & Gas said it has agreed to acquire 204,226,748 shares in Magnolia Petroleum, which represents a 10.9% interest in the Company, for £125,000. The amount due for the Magnolia...

Nostra Terra Oil & Gas said certified 1P net reserves across its Texas assets were 481Mbbl. The NPV10 valuation assigned to these reserves was $4.57m, net of costs, including royalties....

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Pantheon Resources (LON:PANR) has successfully concluded the sidetrack of the VOBM#2H well and encountered promising log responses. The well was drilled to a total measured depth of about 16,450...

Nostra Terra Oil & Gas has secured an additional 7.5% Working Interest (WI) in the Pine Mills oil field, Texas, for a payment of $200,000 to GFP Texas Inc (GFP), the owner of the WI. The deal...

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Nostra Terra Oil & Gas Co said that in the first two months since becoming operator of the Pine Mills oil field has focused primarily on cutting costs and streamlining operations. And it...

HaiKe Chemical Group (LON:HAIK) expects profits for the year ended 31 December to be substantially higher than last time. The group said it had delivered a positive operational performance in the...

Urals Energy's (LON:UEN) oil production totalled 756,690 barrels in 2016 and the board has started to investigate potential partnerships to finance and share risk in the execution of its...

LGO Energy (LON:LGO) unit Compania Petrolifera de Sedano has started to temporarily suspend operations at Ayoluengo with a view to suspension being complete by the end of January. The oil...

Urals Energy (LON:UEN) said that, further to its announcement in August, the loan provided by Kamchatcomagroprombank (KKAPB) for the acquisition of Arctic Oil Company Ltd has now been repaid in...

London equities consolidated their early gains in an overall quiet session that opens an abbreviated trading week between Christmas and New Year. Blue-chip miners are in particular northbound...

London stocks crept higher in the first session after the Christmas break, with resources and financials providing direction in the so far quiet session opening a shortened trading week. BHP...

Nostra Terra has announced the results of its internal reserves report for the Pine Mills oil field together with a strategy update. HIGHLIGHTS: - 428 Mbbl (gross) Proven Developed reserves (265...

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Nostra Terra has issued an operational and financing update for its recently acquired Pine Mills oil field in Texas. HIGHLIGHTS: - Management has completed first site visit to Pine Mills, since...

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Nostra Terra (LON:NTOG) announced an increase of $600,000 cash for the sale of its interest in the Chisholm Trail Prospect, which was initially announced in June 2016. Nostra Terra had previously...

Nostra Terra announces an increase of $600,000 cash for the sale of its interest in the Chisholm Trail Prospect, which was initially announced in June 2016. Nostra Terra had previously reported...

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The blue chip index continued to struggle as investor jitters over the fate of a production cut by OPEC saw oil prices fall more than 3.5%, dragging down Royal Dutch Shell (RDSB) and other...

Nostra Terra (LON:NTOG) was the sector's biggest riser after it announced the acquisition of an 80% Working Interest in certain oil and gas interests comprising the Pine Mills oil field and...

The FTSE 100 fell as Royal Dutch Shell (RDSB) was hit by lower oil prices. Investors were nervous about the prospects of a production cut ahead of the OPEC meeting in Vienna on Wednesday. West...

Nostra Terra announces the acquisition of an 80% Working Interest in certain oil and gas interests comprising the Pine Mills oil field and associated assets in Wood County, Texas, which completed...

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President Energy (LON:PPC) confirms that under existing arrangements it expects to receive approximately $55 a barrel for its production until the end of the year in Argentina. The company was...

Independent Resources (LON:IRG) was the sector's biggest riser after it announced that Sahara Resources GOS, which holds a 50% interest in the East Ghazalat concession, has been issued with a...

Kristian Ainsworth, Chairman, received in lieu of fees/salary 859,817 shares in the company on the 11th October 2016 at a price of 2.90p. The Director now holds 1,039,817 shares. NOTE: 40% of...

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LGO Energy's (LON:LGO) revenues fell to £1,921,000 in the six months to the end of June - 71% down on last time but pre-tax losses of £1,925,000 were down 24% on a year ago. The company raised...

Nostra Terra said Independent Resources (Egypt) Ltd -- its JV with Independent Resources Plc -- has reached an agreement with TransGlobe Petroleum International Inc concerning the early repayment...

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Oilex (LON:OEX) has cancelled a total of 3 million unlisted employee options due to cessation of employment. Oilex said 1,500,000 unlisted options exercisable at $0.25 expiring 25 August 2017 and...

Aminex (LON:AEX) was the sector's biggest riser after it received first payment in relation to gas produced from the Kiliwani North-1 well in Tanzania and supplied to the Tanzania Petroleum...

Nostra Terra Oil and Gas confirms the $2.1m sale of a Chisholm Trail interest to Staghorn Petroleum LLC has completed successfully. Nostra Terra would deploy net proceeds to accelerate its growth...

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Victoria Oil & Gas (VOG) produced a strong sales performance from the Logbaba gas project in the second quarter. The company also completed major work streams within Cameroon that will...

Nostra Terra said its proposed sale of a 20% stake in the Chisholm Trail Prospect for $2.1m (net to NTOG) is progressing in line with expectations. A non-refundable deposit in the amount of...

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Prospex Oil & Gas (PXOG) told shareholders at its annual meeting that had it made 'excellent progress' and wanted to invest in high impact onshore and shallow offshore European opportunities...

Nostra Terra Oil and Gas Co (LON:NTOG) says the sale of its 20% stake in the Chisholm Trail prospect for $2.1 million, which is operated by Ward Petroleum Corporation, is progressing in line with...

Petro Matad (LON:MATD) reports a net loss after tax of $0.19 million for the year to the end of December compared with a loss of $3.940 million in 2014. During the year the group focused on...

Nostra Terra Oil and Gas Company posts a pre-tax loss of £2.3m for the year to the end of December up from £843,000 last time. Revenues fell to £594,000 (2014: £1,267,000) and gross profit for the...

Nostra Terra (NTOG) accepted an offer for its 20% interest in the prospect operated by Ward Petroleum in the Chisholm Trail Prospect, Oklahoma, for approximately $2.1 million. Pinnacle Energy of...

Nostra Terra (NTOG) accepted an offer for its 20% interest in the prospect operated by Ward Petroleum in the Chisholm Trail Prospect, Oklahoma, for approximately $2.1 million. Pinnacle Energy of...

Nostra Terra Oil and Gas Co has confirmed it is considering selling its asset in the Chisholm Trail prospect in Oklahoma. The company noted recent comment on social media regarding the asset and...

Nostra Terra (LON:NTOG) has noted recent comment on social media regarding its asset in the Chisholm Trail prospect in Oklahoma and confirmed it is considering the sale of this asset and further...

Petrel Resources (LON:PET) has been advised that Ghana's ministry of petroleum is available for negotiations over the block named 'Lukoil B'. The ministry has reviewed Petrel Resources' entire...

Nostra Terra (LON:NTOG) and Independent Resources (LON:IRG) after their jointly-owned Independent Resources Egypt received security clearance from the Egyptian authorities and is formally...

Nostra Terra's (NTOG) 50% owned subsidiary Independent Resources Egypt (IRE) received security clearance from the Egyptian authorities and is formally registered with the Egyptian General Petroleum...