Untitled Document Further Production Added at Chisholm Trail
RNS Number : 2509X
Nostra Terra Oil & Gas Company PLC
18 November 2014
 
AIM: NTOG
18 November 2014
 
Nostra Terra Oil and Gas Company plc
("Nostra Terra" or the "Company")
 
Further Production Added at Chisholm Trail
 
Nostra Terra (AIM:NTOG), the oil and gas exploration and production company 
with a growing portfolio of assets in the USA, is pleased to announce its 
fourteenth well in the Chisholm Trail Prospect, Gant 1-22H (CT14) has produced 
an average 286 Boepd from the Hunton Formation, over the most recent 10-day 
period of production. The company owns a net Working Interest of approximately 
20% in this well, which is operated by Ward Petroleum.  
 
Additionally, the Bollenbach 1-33H (CT16) has been drilled and hydraulic 
fracturing operations completed, production results will be reported shortly.  
Nostra Terra also has a 20% working interest in this well, operated by Stephens 
Production Company.
 
 
Matt Lofgran, Chief Executive Officer of Nostra Terra, commented:
 
"Chisholm Trail has helped build the foundation of the Company's portfolio 
recording the highest number of producing wells in our prospects.  Following an 
inexpensive rework, CT-14 is performing in excess of management's initial 
expectations and with a 20% working interest the well will materially improve 
our free cash flow.  We look forward to providing shareholders with further 
updates, including news on the production rate for the Bollenbach which is 
expected shortly and where we also have a 20% working interest."
 
 
 
For further information, visit www.ntog.co.uk or contact:
 
Nostra Terra Oil and Gas Company plc
Matt Lofgran, CEO
mlofgran@ntog.co.uk
Telephone: +1 480 993 8933
 
Northland Capital Partners Ltd
(Nominated Adviser) 
Matthew Johnson / Lauren Kettle
Telephone: +44 (0)20 7382 1100 
 
Hume Capital Securities plc (Broker)                             
Jon Belliss / Abigail Wayne
Telephone: +44 (0)20 3693 1470 
 
Lothbury Financial Services Limited
Gary Middleton / Michael Padley
Telephone: +44 (0)20 3440 7620

This information is provided by RNS
The company news service from the London Stock Exchange
 
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