Acquisition, Placing & Issue of Warrants

NOSTRA TERRA OIL AND GAS COMPANY PLC
                    ("Nostra Terra", "NTOG" or the "Company")

                    Acquisition, Placing & Issue of Warrants

21 August 2009

Nostra Terra, the AIM-quoted oil and gas company is pleased to announce:

  ·        The  acquisition  of a 50 per cent working interest in ten production  wells
        and one salt water disposal well (together the "Boxberger Wells") located in the
        Boxberger field, Russell County, Kansas, USA (the "Boxberger Field");
  ·        a 6-month extension on funding development of other properties; and
  ·        a placing of 233,333,333 new ordinary shares of 0.1p each ("Ordinary
        Shares") at a price of 0.15p each, raising £350,000, before expenses.

Acquisition

NTOG  has  acquired a 50 per cent. working interest in ten production wells  and
one  salt water disposal well in the Boxberger Field from Hewitt Petroleum, Inc.
("HPI") for a total consideration of US$230,000 of which US$50,000 has been paid
in  cash. The remaining US$180,000 of the acquisition cost is to be paid by NTOG
after  the initial development costs (for which NTOG has assumed responsibility)
have  been  completed or within twelve months of the execution of the definitive
agreement ("Execution") whichever is earlier.

On  20  August 2009 NTOG entered into a definitive agreement with  HPI  for  the
purchase and exploration of the Boxberger Wells. NTOG has been granted a 50  per
cent. working interest in the Boxberger Wells; the working  interest  is subject
to an over burden of not more than  20-22  per  cent.

NTOG  and HPI have agreed that initial production shall place at least two wells
into  production. The costs of production are to be agreed between NTOG and  HPI
however, NTOG is committed to paying US$350,000 towards such costs, which  shall
be  paid  within two weeks of Execution. The remainder of the development  costs
will  be paid over the life of the development process. NTOG has also agreed  to
assign  its  proceeds from production from the Boxberger Wells to  pay  for  its
obligation  to  pay for the development costs of the Boxberger Wells  until  all
eleven wells have been developed.

HPI  and  NTOG shall bear the revenue and operating costs for the wells  on  the
basis  of 75 per cent.  to NTOG and 25 per cent. to HPI until such time as  NTOG
has received revenue from the production revenue of the Boxberger Wells equal to
100 per cent. of its initial development costs.  Upon NTOG receiving its initial
development  costs from the production revenue, the revenue and operating  costs
shall be divided equally between NTOG and HPI.

In  the event either party elects not to participate in the drilling, deepening,
reworking,  or  completion attempt on an Additional Well,  such  party  will  be
deemed  to  have released and relinquished to the other participating  party  or
parties all its right, title and interest in and to that well; and participating
party  shall  own  the relinquished interest free and clear of  all  obligations
under this Agreement to the non-participating party.

The  reserves for the Boxberger Field are estimated to be sufficient to  produce
1,687,000  barrels  oil  over  the  first 15 years  of  production.   These  are
categorized as proven, producing.

Development of the Boxberger Wells will commence immediately. An APPL 82 revised
joint  operating  agreement has been executed in respect of the Boxberger  Field
between  NTOG  and  HPI  (as non-operators) and Hewitt  Energy  Group,  Inc  (as
operator).

Extensions

In  connection  with  the  Boxberger  Field transaction,  NTOG  has  secured  an
extension  on  all  development funding commitments for the previously  acquired
properties  announced  on 15 July 2009, namely the Koelsch  Field,  the  Hoffman
Field and the Bloom Field.  This will allow NTOG to focus initial efforts on the
Boxberger Field - with the intention of delivering revenues sooner.

Placing & Issue of Warrants

The  Company  is  also pleased to announce that it has completed  a  placing  of
233,333,333 Ordinary Shares in the Company (the 'Placing Shares') at a price  of
0.15p per share, raising £350,000 before expenses.  These funds will be used for
the development of the Boxberger property.

Alexander David Securities Limited has, in part payment for its services in this
placing,  been granted warrants over 4,666,667 ordinary shares with an  exercise
price of 0.15p per share exercisable for two years from the date of issue of the
Placing Shares.

Application has been made for the Placing Shares, which rank pari passu with the
Company's  already issued ordinary share capital, to be admitted to  trading  on
AIM.  The  Placing Shares are expected to be admitted to trading on  AIM  on  27
August 2009.

Following  the issue and allotment of the Placing Shares, the Company will  have
1,221,100,913 Ordinary Shares in issue.

The  technical information in this announcement has been prepared  and  approved
for  release  by  Douglas C. Hewitt, CEO of HPI. He is  a  qualified  person  as
defined  in  the  Note  for  Mining  and Oil &  Gas  Companies,  June  2009,  of
the London Stock Exchange.

Further  announcements on progress at the properties will be made in due  course
and   are   available  automatically  by  email  to  those   who   register   at
www.ntog.co.uk.


For further information contact:

Nostra Terra Oil and Gas Company plc Tel: [phone]
Matt Lofgran, CEO

Blomfield Corporate Finance Ltd Tel: [phone]
Peter Trevelyan-Clark/Ben Jeynes

Alexander David Securities Ltd Tel: [phone]
David Scott/Jon Levinson

ENDS