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NTOG Joins Industry Study
NTOG Joins Industry Study.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \nRNS Number : 9221A Nostra Terra Oil & Gas Company PLC 26 March 2013 \n\n \nAIM: NTOG\n26 March 2013\n \nNostra Terra Oil and Gas Company plc\n(\"Nostra Terra\" or the \"Company\")\n \n NTOG Joins Industry Study - Regional Woodford Shale Stratigraphy, Oklahoma\n \nNostra Terra, the AIM quoted oil and gas producer with projects in the USA, is pleased to announce that it has joined nine other companies in sponsoring a study of the Woodford Shale under the direction of Dr. Roger Slatt and the University of Oklahoma (\"OU\"). The consortium will conduct a regional study of the Woodford Shale in the Anadarko-Arkoma-Ardmore Basins and Central Platform of Oklahoma, a region known for prolific gas production. The primary goal will be to better understand the regional sequence stratigraphy, and from that, characterisation at the wellbore, log and sample scales, including electron microscopy for pore analysis. The project is expected to span approximately 18 months. \n \nThe Founding Sponsors of the consortium are:\n\n\n\n\n· Central Sumatra Energy, Inc.\n\n\n· Chevron Corporation\n\n\n\n\n· Marathon Oil Company\n\n\n· Newfield Exploration Company\n\n\n\n\n· Nostra Terra Oil and Gas Company\n\n\n· Pathfinder Exploration, LLC\n\n\n\n\n· Potts and Stephenson\n\n\n· Ristacg (Longfellow)\n\n\n\n\n· Tiptop Energy Limited (Sinopec)\n\n\n· Ward Petroleum Corporation\n\n\n\n\n \nDr. Roger M. Slatt is the Gungoll Family Chair Professor in Petroleum Geology and Geophysics at University of Oklahoma and Director of the Institute of Reservoir Characterization in the Sarkeys Energy Center.\n \nAlden McCall, Chief Operating Officer of Nostra Terra, commented:\n\"The Woodford Shale of Oklahoma is commonly only associated with gas production among the regional \"resource plays\" of the United States. It is not widely known that some portions of the play areas can be rich in liquids and very profitable. The geological and petrophysical factors that may lead to predicting where and how these liquids can be targeted and extracted are not yet well-understood. We are deli...