Nostra Terra clarifies position on TransGlobe dispute
15th Aug 2016 14:26
(ShareCast News) - Nostra Terra noted an announcement made by Independent Resources on Monday morning, concerning the company's joint venture vehicle Independent Resources Egypt (IRE). The AIM-traded firm owns IRE jointly with Independent Resources, and said it wanted to issue a further clarificatio
Read moreNostra Terra raises GBP250,000 in share placing
14th Jul 2016 14:59
(ShareCast News) - Exploration and production company Nostra Terra Oil & Gas has raised £250,000 through the placing of 12.5m new shares at 2p each. The proceeds will allow the company to continue to proactively seek out additional acquisition opportunities and will put the board in a strong negotia
Read moreNostra Terra says Chisholm sale progressing well
8th Jul 2016 15:27
(ShareCast News) - Nostra Terra Oil and Gas updated the market on Friday on the sale of its 20% stake in the Chisholm Trail Project, operated by Ward Petroleum Corporation. The AIM-traded firm initially announced the sale, for $2.1m, on 30 June. Its board said on Friday that the sale was progressin
Read moreNostra Terra loses exclusive acquisition rights in Permian Basin
1st Jun 2016 11:43
(ShareCast News) - Nostra Terra Oil & Gas was still in limbo over its proposed acquisition of an interest in New Mexico producing assets on Wednesday, announcing it was continuing to seek debt financing via a secured bond to complete the deal. The AIM-traded company had revealed its plans to take on
Read moreIndependent close to extracting revenue at East Ghazalat
10th May 2016 13:59
(ShareCast News) - Independent Resources was moving closer to extracting revenue from its East Ghazalat concession in Egypt on Tuesday, as it updated the market on the project's recent developments. The firm holds a 50% share in East Ghazalat, along with fellow AIM-traded company Nostra Terra Oil &
Read moreNostra Terra rises after nomad appointment
15th Mar 2016 16:05
(ShareCast News) - Shares in Nostra Terra Oil and Gas Company were rising on Tuesday afternoon, with the firm revealing its new choice in nominated adviser, after the resignation of Sanlam Securities on Monday. The AIM-traded resources company, with a portfolio of assets in the US and Egypt, announc
Read moreNostra Terra acquires its way into Permian Basin
22nd Feb 2016 15:13
(ShareCast News) - Nostra Terra Oil and Gas announced a new acquisition on Monday, with the purchase of producing assets in the Permian Basin of New Mexico from Alamo Resources II. The AIM-traded company agreed to pay $3m to acquire a 60% working interest in the producing assets located in the south
Read moreNostra Terra and Independent Resources jump on Egypt deal
6th Oct 2015 14:33
(ShareCast News) - Shares in Nostra Terra Oil & Gas jumped on Tuesday, after the group's joint venture with Independent Resources agreed to acquire an asset in Egypt. The London-listed companies said their 50:50 joint venture, TransGlobe Energy Corp, will acquire a 50% stake in Egypt-based East Ghaz
Read moreNostra Terra and Independent Resources set up joint venture in North Africa
21st Sep 2015 08:11
(ShareCast News) - Shares in Nostra Terra Oil and Gas jumped over 8% early on Monday, after the energy group clinched a deal with Independent Resources. Under the terms of the agreement, the two companies have set up a joint venture to pursue new projects in North Africa and are currently discussing
Read moreNostra Terra appoints Kristian Ainsworth as non-executive chairman
24th Jun 2015 08:34
Nostra Terra Oil and Gads has appointed Kristian Ewen Ainsworth as its new non-executive chairman, effective immediately. Ainsworth will succeed Adrian Blennerhasset, who has stepped down from the position to pursue other interests. As a chartered management account and a fellow of the Institute of
Read moreNostra Terra buys minority stake in San Miguel Prospect
18th May 2015 14:34
Oil and gas exploration company Nostra Terra announced on Monday that it has acquired a 1% stake in the San Miguel prospect in the South Texas region. The prospect spans 35,000 acres and shares similar characteristics with the Don Pedro prospect, in which Nostra Terra purchased a 1% stake in April.
Read moreNostra Terra buys into Texas horizontal drilling prospect
27th Apr 2015 10:01
Small UK oil explorer and producer Nostra Terra Oil & Gas has acquired an interest in its largest oilfield to date. Confirming rumours late on Friday, the company, which is listed on the AIM junior market, has bought a 1% working interest in a 20,000-acre prospect in South Texas where an initial wel
Read moreLondon midday: Markets quiet ahead of Christmas but stocks extend gains
22nd Dec 2014 11:35
UK stocks were set to hit a two-week high on Monday as the 'Santa Rally' continued into its fifth straight day, with energy shares providing a boost on a continued rebound in crude prices. London's FTSE 100 was up 0.8% at 6,597 by around midday. It has not closed above this mark since 8 December. "
Read moreTuesday broker round-up UPDATE
30th Sep 2014 09:50
Aberdeen: Goldman Sachs ups target price from 540p to 560pp retaining a buy recommendation. African Barrick Gold: Deutsche Bank moves target price from 270p to 280p and reiterates a hold recommendation. Investec lowers target price from 260p to 258p, while upgrading to buy. African Minerals: Invest
Read moreWednesday broker round-up UPDATE
24th Sep 2014 09:15
Aggreko: Morgan Stanley ups target price from 1350p to 1375p, while leaving its underweight rating unaltered. Alliance Pharma: Canaccord Genuity lowers target price from 35p to 33p reiterating its hold recommendation. Close Brothers Group: UBS moves target price from 1420p to 1430p and keeps a neut
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