Acquisition of Minority Interest

Nostra Terra Oil and Gas Company plc

                        ("Nostra Terra" or the "Company")

                    Acquisition of Minority Interest in Texas

7 June 2010

Nostra Terra Oil and Gas Company plc (AIM: NTOG) is pleased to announce that  it
has  signed  an  agreement with Sherpa Energy Resources, L.P. to  acquire  a  2%
interest in an Austin Chalk re-entry well in Lee County, Texas, for US$17,800.

The  Austin  Chalk  re-entry  well  is  a long-standing  production  well  being
redeveloped with the objective of recovering significant additional oil and  gas
reserves. The original well was drilled vertically in 1984 and produced oil  and
gas  for  many years from the historically prolific Austin Chalk formation.  The
redevelopment plan is to re-enter and horizontally drill a lateral section  into
the  Lower  Austin Chalk, extending up to 2,000 feet from the original wellbore.
This  technique has already been used very successfully on a number  of  similar
wells within the area.

The  total  cost  of  drilling the lateral section and  equipping  the  well  is
estimated  at US$890,000. NTOG's proportionate contribution to these  costs  has
been satisfied by the consideration referred to above.

Matt Lofgran, CEO of Nostra Terra, said: "Participation in the redevelopment  of
this well diversifies and extends our growth strategy into Texas in addition  to
Kansas and Utah.

"While our initial stake is just 2%, I am hopeful that this will be a successful
first step in building a substantial, long-term presence in Texas. We intend  to
enter  into  partnerships with other companies that recognise the  potential  of
horizontal  Austin Chalk wells to produce additional commercial  reserves  using
today's drilling technologies. There are literally hundreds of potential  Austin
Chalk candidates in the area to apply these techniques."

Redevelopment  of  the well is already under way. Drilling and  testing  of  the
lateral  section is expected to be completed within three to four weeks.  Nostra
Terra  will  announce  the  results  of the initial  well  test  once  they  are
available.


For further information, please visit www.ntog.co.uk or contact:

Nostra Terra Oil and Gas Company plc
Telephone: [phone]
Matt Lofgran, CEO
[e-mail]

Religare Capital Markets
Telephone: [phone]
Peter Trevelyan-Clark/Ben Jeynes

Alexander David Securities Ltd
 Telephone: [phone]
David Scott/Bill Sharp/Nick Bealer

Announcements made by the Company are available automatically by email to  those
who register at www.ntog.co.uk.