Nesbitt Well Spudded

RNS Number : 4302D

Nostra Terra Oil & Gas Company PLC

23 March 2011

 



Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Nesbitt Well Spudded

23 March 2011

Nostra Terra Oil and Gas Company plc (AIM: NTOG) is pleased to announce that drilling has begun on the first horizontal well in the Nesbitt prospect unit, located within the producing Woodlawn field in Harrison County, Texas. The Company has a 3% working interest in the Nesbitt prospect unit, which is operated by New Century Exploration, Inc.

The well - the first of three planned within the Nesbitt prospect unit - will be drilled vertically to a depth of approximately 7,000 ft, followed by a horizontal section of up to 3,000 ft.

Drilling and initial testing of the well is expected to take approximately 30 days, and Nostra Terra will make further announcements as the operations progress.

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

Nostra Terra Oil and Gas Company plc

Matt Lofgran, CEO

[e-mail]                                                                Telephone: [phone]

Religare Capital Markets

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

Alexander David Securities Ltd

David Scott/Bill Sharp                                                          Telephone: [phone]

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

 

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