Business
Nesbitt Well Spudded
Nesbitt Well Spudded.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 4302D Nostra Terra Oil & Gas Company PLC 23 March 2011 \n \n\nNostra Terra Oil and Gas Company plc\n \n(\"Nostra Terra\" or the \"Company\")\n \nNesbitt Well Spudded\n \n23 March 2011 \n \nNostra Terra Oil and Gas Company plc (AIM: NTOG) is pleased to announce that drilling has begun on the first horizontal well in the Nesbitt prospect unit, located within the producing Woodlawn field in Harrison County, Texas. The Company has a 3% working interest in the Nesbitt prospect unit, which is operated by New Century Exploration, Inc. \n \nThe well - the first of three planned within the Nesbitt prospect unit - will be drilled vertically to a depth of approximately 7,000 ft, followed by a horizontal section of up to 3,000 ft.\n \nDrilling and initial testing of the well is expected to take approximately 30 days, and Nostra Terra will make further announcements as the operations progress. \n \n \nFor further information, visit www.ntog.co.uk or contact:\n \nNostra Terra Oil and Gas Company plc\nMatt Lofgran, CEO\[email protected] Telephone: +1 480 993 8933\n \nReligare Capital Markets\nPeter Trevelyan-Clark/Ben Jeynes Telephone: +44 (0)20 7444 0800\n \nAlexander David Securities Ltd\nDavid Scott/Bill Sharp Telephone: +44 (0)20 7448 9820\n \nAnnouncements made by the Company are available automatically by email to those who register...