NOSTRA TERRA OIL AND GAS COMPANY PLC
("Nostra Terra", "NTOG" or the "Company")
NOSTRA TERRA ANNOUNCES HYDROCARBON DISCOVERY
13 October 2009
Nostra Terra is pleased to announce a hydrocarbon discovery on the Boxberger
property in Kansas, USA.
The Boxberger A #5 horizontal well in Russell County, Kansas is Nostra Terra's
initial production well in the area. The well is a re-entry. It was originally
drilled to a total measured depth of 3,400 feet. We are drilling multiple
laterals in two un-produced zones in lengths of 300 feet to 600 feet each.
Details on flow rate will be provided once production is established. Nostra
Terra currently holds a 75% working interest before payout and 50% after payout
in this well. Hewitt Petroleum, Inc. (HPI) holds the remaining interest.
"We have encountered two reservoirs that have never been produced before," said
William A. Alexander, a consulting engineer based in Broken Arrow, OK. The
project culminates a five-year research effort designed to identify bypassed
reserves in the Central Kansas Uplift. The field where Boxberger is located is
one of the largest in Kansas having produced almost 100 million barrels of oil
in various zones since its discovery in 1926.
"Our partnership with HPI is off to a great start," said Matt Lofgran, CEO of
Nostra Terra. "We are encouraged by the early results. Re-work operations
should be completed mid-week and re-work of the Boxberger #2 SWD is now
complete. Once the Boxberger A #5 is in production, we will immediately move to
the Boxberger B #2. We plan on finishing the rework and bringing that well
online in 2-3 weeks."
The technical information in this announcement has been prepared and approved
for release by W. A Alexander. Jr of W. A. Alexander, Jr. Oil & Gas
Consulting. He is a qualified person as defined in the Note for
Mining and Oil & Gas Companies, June 2009, of the London Stock Exchange.
Further announcements on progress at the properties will be made in due course
and are available automatically by email to those who register at
www.ntog.co.uk.
For further information contact:
Nostra Terra Oil and Gas Company plc Tel: +1 480 993 8933
Matt Lofgran, CEO
mlofgran@ntog.co.uk
Blomfield Corporate Finance Ltd Tel: +44 (0)20 7489 4500
Peter Trevelyan-Clark/Ben Jeynes
Alexander David Securities Ltd Tel: +44 (0)20 7448 9820
David Scott/Bill Sharp
ENDS