Nostra Terra Oil and Gas ( (GB:NTOG) ) has issued an update.
Nostra Terra Oil and Gas has announced a significant increase in oil production, averaging 130 barrels of oil per day (bopd), nearly doubling the output at its Pine Mills site in Texas due to recent workover programs. The company remains cashflow positive and is planning further operational enhancements, including potential new developments at the Fouke area, indicating a strong operational outlook and potential growth in production capabilities.
More about Nostra Terra Oil and Gas
Nostra Terra Oil and Gas Company PLC is an international exploration and production company focusing on its Pine Mills asset in Texas, USA. The company’s primary focus is on oil production, with significant efforts in enhancing production rates through workover programs and operational improvements.
YTD Price Performance: 3.33%
Average Trading Volume: 95,162,855
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.48M
Learn more about NTOG stock on TipRanks’ Stock Analysis page.