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Nostra Terra Reports Increased Oil Production and Positive Cash Flow

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Nostra Terra Reports Increased Oil Production and Positive Cash Flow

Confident Investing Starts Here:

Nostra Terra Oil and Gas ( (GB:NTOG) ) has provided an update.

Nostra Terra Oil and Gas Company has reported a significant increase in oil production, averaging approximately 120 barrels of oil per day (bopd) net, driven by their workover program at Pine Mills. The company is cashflow positive at both corporate and operational levels, with the Phase 2 workover program already underway, suggesting potential for further production increases and enhanced value for shareholders.

More about Nostra Terra Oil and Gas

Nostra Terra Oil and Gas Company Plc is an international oil and gas exploration and production company focused primarily on its Pine Mills producing asset located in Texas, USA.

YTD Price Performance: -6.67%

Average Trading Volume: 102,886,796

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.36M

Learn more about NTOG stock on TipRanks’ Stock Analysis page.

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