NOSTRA TERRA OIL AND GAS COMPANY PLC
("Nostra Terra", "NTOG" or the "Company")
Vesting of Warrants
22 February 2009
Further to the warrant issue announced on 30 June 2009, the Company's
Remuneration Committee has determined that the conditions attaching to the
warrants granted to Mr Lofgran have been satisfied in respect of 62,500,000
warrants. These are accordingly now capable of exercise at a price of 0.1p per
ordinary share. Warrants to subscribe for a further 217,842,506 ordinary shares
at a price of 0.1p per share have not yet vested. Warrants once vested are
capable of exercise at any time, subject to any restrictions contained in the
AIM Rules for Companies and the Company's Code on Dealings in Securities
(amongst others), until 30 June 2012, subject to extension if the Company is
then in a close period as defined in the AIM Rules.
For further information contact:
Nostra Terra Oil & Gas Company plc
Matt Lofgran, CEO Tel: +1 480 993 8933
mlofgran@ntog.co.uk
Blomfield Corporate Finance Ltd
Peter Trevelyan-Clark/Ben Jeynes Tel: +44 (0)20 7444 0800
Alexander David Securities Ltd
David Scott/Bill Sharp/Nick Bealer Tel: +44 (0)20 7448 9820
Announcements made by the Company are available automatically by email to those
who register at www.ntog.co.uk.
Notes to Editors:
Nostra Terra Oil & Gas Company plc (AIM: NTOG) is an emerging oil and gas
exploration and production company with assets in established producing regions
within the US mid-continent. The Company's US properties are all located in the
Central Kansas Uplift (CKU).
Hoffman
Nostra Terra holds a 25 per cent working interest in five production wells and
one salt water disposal well on the Hoffman lease, located in Barton County and
Russell County, Kansas and has a 50 per cent interest in an additional
undeveloped 160 acres nearby in the Trapp field.
Bloom
Nostra Terra holds a 50 per cent working interest in nine production wells and
two salt water disposal wells on the Bloom lease, located in Rice County,
Kansas.
Boxberger
Nostra Terra holds a 50 per cent working interest in eleven wells, including at
least two salt water disposal wells, on the Boxberger lease, located in Russell
County, Kansas.
Koelsch (option)
Nostra Terra also has an option to purchase a 50 per cent working interest in
two production wells and one salt water disposal well in the Koelsch lease,
located in Stafford County, Kansas.
Ukraine
Nostra Terra retains the right to a 25 per cent profit share in the onshore
Oktyabrskoe oil field in the Ukraine.
For more information please visit: www.ntog.co.uk
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