Proposed Permian Basin Acquisition Update

RNS Number : 9632T

Nostra Terra Oil & Gas Company PLC

01 April 2016

 

1 April 2016

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Proposed Permian Basin Acquisition Update

Further to the announcement of 22 February 2016 regarding the proposed acquisition of a 60% interest in producing assets in the Permian Basin of New Mexico from Alamo Resources II, LLC, Nostra Terra announces that it is in the process of negotiating an extension to the original closing date of 31 March 2016 (as previously announced).  The Company expects to be in a position to make an announcement in this respect early next week.

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

Nostra Terra Oil and Gas Company plc Matt Lofgran, CEO [e-mail]   [phone] Strand Hanson Limited (Nominated & Financial Adviser and Joint Broker) [phone] Rory Murphy / Ritchie Balmer Cornhill Capital Ltd (Joint Broker) [phone] Nick Bealer / Colin Rowbury Walbrook PR [phone] Gary Middleton / Nick Rome

 

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