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Nostra Terra Oil and Gas ( (GB:NTOG) ) has provided an update.
Nostra Terra Oil and Gas Company Plc announced the renewal of its $10 million Senior Lending Facility with WAFD Bank for three more years, providing significant financial flexibility to grow its production. The facility, with a current interest rate of 7.50%, will be reassessed biannually and is expected to expand as the company’s production, cash flows, and reserves increase, reflecting positively on its future operations.
More about Nostra Terra Oil and Gas
Nostra Terra Oil and Gas Company Plc is an international exploration and production company with a portfolio of production and development assets located in Texas, USA. The company operates within the oil and gas industry, focusing on enhancing production and cash flows.
YTD Price Performance: 20.0%
Average Trading Volume: 124,241,820
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.84M
See more data about NTOG stock on TipRanks’ Stock Analysis page.