Verde Well Spudded

RNS Number : 4424L

Nostra Terra Oil & Gas Company PLC

01 August 2011

 

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Verde Well Spudded

1 August 2011

Nostra Terra Oil and Gas Company plc (AIM: NTOG) is pleased to announce that drilling has begun on it's initial well in the Verde prospect, located in south-eastern Colorado. 

The Company has a 16.25% working interest in the Verde prospect.  The initial well will be drilled to a depth of approximately 5300 feet.

Drilling of the well is expected to be completed by the end of August, depending on operations and possible formation tests. Drilling will be followed by completion and initial production testing.  Nostra Terra will make further announcements as the operations progress.

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

Nostra Terra Oil and Gas Company plc

Matt Lofgran, CEO

[e-mail] Telephone: [phone]

Shore Capital and Corporate Limited

Andrew Raca / Toby Gibbs Telephone: [phone]

Alexander David Securities Ltd

David Scott / Bill Sharp Telephone: [phone]

Lothbury Financial Services Limited

Gary Middleton / Michael Padley Telephone: [phone]

 

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