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Nostra Terra Oil and Gas

Description

Nostra Terra Oil and Gas is an AIM-listed (LSE: NTOG) E&P company with development and production assets in the prolific Permian Basin, Texas and East Texas.

Nostra Terra’s core asset is a 100% working interest in the Mesquite asset located on the Eastern Shelf of the Permian Basin with estimated recoverable reserves of 2.4mmbbls over 1,984 net acres. Nostra Terra also has interests in three additional Permian Basin oil properties in close proximity to Mesquite and currently producing from two wells. The first well reached pay-out in less than one year. Furthermore, Nostra Terra has a 100% working interest in the well-established East Texas region, USA.

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