London midday: Eurozone worries cast a shadow
19th Sep 2011 12:03
London's blue chip index is stuck below 5,300 points as the Eurozone saga rumbles on. Investors seeking a resolution to the problems were disheartened after a meeting of EU finance ministers in Poland on Friday failed to live up to expectations. "There is a firm 'risk-off' tone to the start of the
Read moreNostra Terra update disappoints
19th Sep 2011 09:06
Nostra Terra, the AIM-listed oil and gas producer, saw its share price drop sharply on Monday morning after announcing underwhelming production rates for its Agnello number 1 well in the Vintage Hills Prospect. During the initial 30-days of production, the well produced an average rate of 59 ba
Read moreNostra Terra makes big gain from old field
10th Aug 2011 09:10
Nostra Terra Oil and Gas, the USA focused oil and gas producer, has been given a big boost following the sale of its stake in a well. Nostra Terra spent $17,800 (£10,900) acquiring a 2% interest in the Lee County re-entry well in Texas in June last year. When drilling was completed the flow rates f
Read moreNostra Terra cheers investors with Colorado drilling
1st Aug 2011 16:12
Nostra Terra Oil and Gas Company said it had begun drilling on it's initial well in the Verde prospect in south-eastern Colorado. Drilling of the well is expected to be completed by the end of August, the firm said, dependent on operations and possible formation tests. Drilling at the Verde pro
Read moreNostra Terra falls after placing
1st Jul 2011 14:10
Penny stock Nostra Terra Oil and Gas fell to earth after raising £2m through a share placing at 0.6p per share. The news sent the oil explorer's shares heading south to 0.64p, down 0.075p on the day, in early afternoon trading. All in all, 333.3m new shares were issued, of which company chairman,
Read moreNostra Terra eyes Colorado wells
20th Jun 2011 12:43
Nostra Terra Oil and Gas, the AIM listed oil and gas producer, has acquired an interest in operations in Colorado. The acquisition amounts to a 16.25% stake in the Verde Field development in the south east of Colorado, which will be drilled by Plainsman Partners. Drilling is expected to begin in t
Read moreSmall caps round-up: Future, Ortac, Stratex ...
9th Feb 2011 14:44
Magazine publisher Future's first quarter revenues were little changed as growth in commercial revenues compensated for pressure in circulation. Digital advertising revenues were up 25%, more than compensating for a 10% decline in print advertising revenue. Publishing revenues rose by 18%. "We expe
Read moreSmall caps round-up: Costain, Nostra Terra Oil, EG Solutions
5th Jan 2011 11:11
Construction and engineering group Costain has been appointed by Lewisham Council to rebuild four more schools worth £71m after reaching financial close on the fourth phase of its Building Schools for the Future (BSF) project. "Costain is delighted to have reached financial close on the fourth ph
Read moreOil minnows go after bulletin board abusers
9th Aug 2010 14:20
A pair of AIM-listed oil companies may take legal action against users who posted "defamatory and untrue" postings on two bulletin boards. US-focused Nighthawk Energy and Nostra Terra Oil and Gas have gained court orders telling those responsible for the boards - Interactive Investor (iii) and ADVF
Read moreSmall caps round-up: DDD, Aortech, Coal of Africa...
2nd Aug 2010 11:12
3D software provider DDD said trading was in line with expectations in the six months to June 30 as strong demand from the TV and PC market fuelled sales of devices using technology it licenses. DDD expects to have a product that allows its 2D to 3D conversion technology to be used with almost all
Read moreNostra Terra Oil: Austin Chalk Well Oil, Gas Sufficient To Pay Costs
2nd Aug 2010 08:17
LONDON (Dow Jones)--Nostra Terra Oil and Gas Company PLC (NTOG.LN), said Monday that the redeveloped Austin Chalk well located in Texas, has produced sufficient oil and gas to pay back its redevelopment costs. MAIN FACTS: -This was achieved after 35 days of production, and Nostra Terra is du
Read moreNostra Terra Oil & Gas Names McCall Chief Operating Officer
22nd Jun 2010 07:44
LONDON (Dow Jones)--Nostra Terra Oil & Gas Company PLC (NTOG.LN) said Tuesday that Alden McCall has been appointed Chief Operating Officer and a director of the Company with effect from June 22. MAIN FACTS: -McCall's immediate focus will be to lead the Company's expansion in the Texas Austin
Read moreNostra Terra Oil & Gas Austin Chalk Re-entry A Success
16th Jun 2010 07:33
LONDON (Dow Jones)--Nostra Terra Oil and Gas Company PLC (NTOG.LN), said Wednesday that a new lateral section extending just over 1900 feet horizontally from the original wellbore has been drilled into the Lower Austin Chalk. MAIN FACTS: -In an initial 24- hour flow test the redeveloped well
Read moreSmall caps round-up: Sea Energy, Victoria Oil, Kefi Minerals...
6th Jan 2010 09:58
Shares in SeaEnergy climbed after the wind farm group said Moray Offshore Renewables, a joint venture that is 25% owned by its 80%-owned subsidiary Sea Energy Renewables, is expected to be awarded the right to develop wind power technology in northeast Scotland. Victoria Oil & Gas advanced after th
Read moreNostra Terra places shares at discount
3rd Dec 2009 09:28
The share price of oil and gas tiddler Nostra Terra fell to earth with a bump on Thursday morning as the company announced a placing of shares at a discount to last night’s closing share price. The company is to raise £3.185m through a placing of 318.5m shares at 1p. The day before the announcement
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