Nostra Terra Oil and Gas Company plc
("Nostra Terra", "NTOG" or the "Company")
Operations Update
6 January 2010
Further to Nostra Terra's operations update announced on 3 December 2009, the
Company is pleased to announce that initial oil flows from the first production
well on the Boxberger property (the "Well") have proved very encouraging. However,
continuing adverse and extreme weather conditions have meant that the process of
completing the production facility has been delayed.
Further announcements will be made in due course - notably once weather
conditions have allowed the production facility to be completed and allowed the
Company to evaluate stable flow rates from the Well.
For further information contact:
Nostra Terra Oil and Gas Company plc Tel: +1 480 993 8933
Matt Lofgran, CEO
Blomfield Corporate Finance Ltd Tel: +44 (0)20 7444 0800
Peter Trevelyan-Clark/Ben Jeynes
Alexander David Securities Ltd Tel: +44 (0)20 7448 9820
David Scott/Nick Bealer
Note to Editors:
Nostra Terra Oil & Gas Company plc (AIM: NTOG) is an emerging oil and gas
exploration and production company with newly acquired assets in established
producing regions within the US mid-continent.
Hoffman
Nostra Terra holds a 25 per cent working interest in five production wells and
one salt water disposal well on the Hoffman lease, located in Barton County and
Russell County, Kansas.
Bloom
Nostra Terra holds a 50 per cent working interest in nine production wells and
two salt water disposal wells on the Bloom lease, located in Russell County,
Kansas.
Boxberger
Nostra Terra holds a 50 per cent working interest in eleven wells, including at
least one salt water disposal well, on the Boxberger property, located in
Russell County, Kansas.
Koelsch (option) Nostra Terra also has an option to purchase from HPI - 50
per cent working interest in two production wells and one salt water
disposal well in the Koelsch lease, also located in Strafford County, Kansas.
Ukraine Nostra Terra also holds an interest in a license to further explore and
develop the onshore Oktyabrskoe oil field in Ukraine. The advanced recovery
technology which the Company and its joint venture partner are exploiting in
the US mid-continent may eventually be used to enhance the economic
viability of this Ukrainian reservoir but rapid and profitable development of
its US business is now Nostra Terra's primary focus.
For more information please visit: www.ntog.co.uk