GM Statement

RNS Number : 0930E

Nostra Terra Oil & Gas Company PLC

01 July 2019

 

1 July 2019

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Notice of General Meeting

Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, announces that it has posted a notice to shareholders convening a General Meeting (the "GM") to be held at 11.00 am on 26 July 2019 at the offices of Jeffreys Henry LLP at Finsgate, 5-7 Cranwood Street, London EC1V 9EE in order to approve the 2018 Annual Report & Accounts. 

As previously announced on 5 June 2019, the resolution relating to the approval of the 2018 Annual Report & Accounts was adjourned at the Nostra Terra's core asset is a 100% working interest in the Mesquite asset located in the prolific Permian Basin in West Texas. The Mesquite asset covers 1,984 net acres with estimated proven recoverable reserves of 2.4mmbbls.

Nostra Terra also has interests in three additional Permian Basin properties in close proximity to Mesquite and currently producing from two wells. The first well reach pay-out in less than one year.

Furthermore, Nostra Terra has a 100% working interest in the well-established East Texas region (Pine Mills oil field with current production of approximately 130bopd), USA and a 50% working interest in the East Ghazalat Concession, Egypt. For further information, please visit our website: www.ntog.co.ukCompany's AGM held on 28 June 2019.

The notice of GM is also available on the Company's website.

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

For further information, visit www.ntog.co.uk or contact:

Nostra Terra Oil and Gas Company plc Matt Lofgran, CEO			[phone]
Strand Hanson Limited (Nominated & Financial Adviser & Joint Broker)				[phone]
Rory Murphy / Ritchie Balmer / Jack Botros
Shard Capital Stockbrokers (Joint Broker)				[phone]
Damon Heath / Erik Woolgar
Lionsgate Communications (Public Relations)				[phone]
Jonathan Charles

About Nostra Terra

Nostra Terra's core asset is a 100% working interest in the Mesquite asset located in the prolific Permian Basin in West Texas. The Mesquite asset covers 1,984 net acres with estimated proven recoverable reserves of 2.4mmbbls.

Nostra Terra also has interests in three additional Permian Basin properties in close proximity to Mesquite and currently producing from two wells. The first well reach pay-out in less than one year.

Furthermore, Nostra Terra has a 100% working interest in the well-established East Texas region (Pine Mills oil field with current production of approximately 130bopd), USA and a 50% working interest in the East Ghazalat Concession, Egypt. For further information, please visit our website: www.ntog.co.uk.

 

END

 

 

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