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Nostra Terra Oil and Gas Company

  • BY: Andrew Hore |
  • POSTED: 12/11/2012 |

US-focused oil and gas explorer and producer Nostra Terra Oil and Gas should know in December how much production will come from the first four wells on the Chisholm Trail prospect.

The first well, where Nostra Terra has a 0.47% working interest, is already producing. Stabilised production levels will be announced within one month. The three other wells are underway.

The third well is the most important because Nostra Terra has a 12.58% stake in that one.

At 0.41p a share, Nostra Terra is valued at 10.2m.

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