Business
Initial response to MAGP's announcement re EGM
Initial response to MAGP's announcement re EGM.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \nRNS Number : 7691I Nostra Terra Oil & Gas Company PLC 21 June 2017 \n\n21 June 2017\n \nNostra Terra Oil and Gas Company plc\n(\"Nostra Terra\" or the \"Company\")\n \nInitial response to MAGP's announcement re EGM\nNostra Terra notes the announcement made yesterday by Magnolia Petroleum Plc (\"Magnolia\" or \"MAGP\") and the publication of a circular convening a General Meeting of Magnolia on 18 July 2017 (\"Circular\").\nIn the coming days Nostra Terra will release a full response to Magnolia's announcement, correcting what Nostra Terra believes to be factual inaccuracies in the MAGP announcement and Circular and addressing what Nostra Terra believes to be the fundamental challenges facing MAGP. Given its operational and commercial experience in the onshore oil and gas market in the United States, Nostra Terra believes that Magnolia is pursuing the wrong strategy and that it is well placed to assist Magnolia in restructuring its business model and delivering shareholder value. \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \n \nFor further information, visit www.ntog.co.uk or contact:\n \n\n\n\n\nNostra Terra Oil and Gas Company plc\nMatt Lofgran, CEO\n \n\n\n\n\n\n+1 480 993 8933\n\n\n\n\n\n\n\nStrand Hanson Limited\n(Nominated & Financial Adviser and Joint Broker)\n\n\n\n\n\n+44 (0) 20 7409 3494\n\n\n\n\n\n \n\n\n\n\nRory Murphy / Ritchie Balmer / Jack Botros\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nSmaller Company Capital Limited (Joint Broker)\n\n\n\n\n\n+44 (0) 20 3651 2910\n\n\n\n\n\n \n\n\n\n\nRupert Williams / Jeremy Woodgate\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END FURFFLFLDQFXBBB\n ","length":4424,"tagName":"div"}]