
Nostra Terra Oil and Gas Company plc (AIM: NTOG) is a fast-growing exploration and production company focused on emerging plays within established hydrocarbon regions of the United States.
During the last two years, Nostra Terra has acquired interests in Kansas, Texas, Colorado and Oklahoma, and the company will continue to expand and upgrade its portfolio by identifying, screening and investing in a diverse pipeline of upstream assets in these areas. Working interests will vary, ranging up to 100% in some cases, and will include both operated and non-operated projects. The company is especially focused on pursuing projects where added value and strong cash flows can be generated through the use of advanced technology combined with disciplined cost control.
Exciting new reserves of oil and gas are now being discovered and exploited within long-established US hydrocarbon basins. By applying the new drilling and recovery techniques developed in shale plays, operators are achieving dramatic increases in production and reserves from formations within old fields that previously were not thought to be commercially viable. The Niobrara, Bakken, Eagleford and Mississippian Chat resource plays are some of the most prominent examples, while there are literally dozens of lesser known plays emerging in the Permian, Anadarko, Arkoma, Piceance, Williston and Powder River Basins.
The key to Nostra Terra's growth strategy is the use of precision drilling technology, including horizontal drilling, combined with 3D seismic mapping, sophisticated log suites and multi-stage well completions to target and exploit compartmentalised reservoirs that were underproduced when the original vertical wells were drilled in these mature fields.
Latest Presentation:
http://www.proactiveinvestors.co.uk/genera/files/companies/ntog__one2one_18_apr_2012.pdf