Information  X 
Enter a valid email address

Nostra Terra O&G Co (NTOG)


Thursday 05 November, 2020

Nostra Terra O&G Co

Pine Mills - Operations Update

RNS Number : 3056E
Nostra Terra Oil & Gas Company PLC
05 November 2020



7.00am 5 November 2020


Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")


Pine Mills - Operations Update



Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA       is pleased to announce, further to the Company's RNS on 19 October 2020, that Cypress Minerals LLC ("Cypress") has received the drilling permit in preparation to drill the new well at the Company's Pine Mills oil field.


Drilling is permitted to a total depth of 6,000 feet and is estimated to take approximately 10 days. The primary target formation is the prolific Woodbine Sand, while the well will also evaluate several other known overburden formations.


Construction of the drilling pad is nearly complete.  Drilling is anticipated to begin within days. Nostra Terra owns a 32.5% working interest ("WI") in the planned well, which includes a 25% carried WI and the remainder at cost.



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


For further information, contact:

Nostra Terra Oil and Gas Company plc

Matt Lofgran, CEO



+1 480 993 8933

Beaumont Cornish Limited

(Nominated Adviser)

James Biddle/ Roland Cornish



+44 (0) 20 7628 3396

Novum Securities Limited (Broker)

Jon Belliss


Lionsgate Communications (Public Relations)

Jonathan Charles





+44 (0) 207 399 9425



+44 (0) 7791 892509




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t