Business
Operations Update - Vintage H
Operations Update - Vintage H.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n RNS Number : 9301A Nostra Terra Oil & Gas Company PLC 09 February 2011 \n \n\nNostra Terra (\"NTOG\" or the \"Company\")\n \nOperations Update - Vintage Hills Prospect\n \n\n \n9 February 2011\n \n \nHighlights:\n \n· Agnello #1 well reaches total vertical depth of 10,400 feet ahead of schedule \n· Successful completion of turn into horizontal leg \n \nNostra Terra is pleased to announce that the Agnello #1 well in the Vintage Hills Prospect in Brazos County, Texas, has been drilled to a total vertical depth of 10,400 feet. \n \nThe curve into the horizontal leg (the lateral) of the well was successfully completed. The drilling of the horizontal leg is now in progress using modern steering techniques.\n \nNTOG has a 1.2% working interest (WI) before payout (BPO) (1.0% after payout (APO)) in Vintage Hills, operated by New Century Exploration, Inc. (NCE). \n \nAs announced on 17 January 2011, NTOG further expanded its relationship with NCE with the acquisition of a 3.64% WI BPO (3% WI APO) in the Nesbitt Prospect located in Harrison County, Texas.\n \nUpdates on progress on both the Vintage Hills and Nesbitt prospects will be provided in due course.\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/Nick Bealer Telephone: +44 (0)20 7448 9820\n \nAnnouncements made by the Company are available automatically by email to those who register at www.ntog.co.uk.\n \n\nThis infor...