Business
Permian Basin G6 Well
Permian Basin G6 Well.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \nRNS Number : 3233S Nostra Terra Oil & Gas Company PLC 25 June 2018 \n\n25 June 2018\n \nNostra Terra Oil and Gas Company plc\n(\"Nostra Terra\" or the \"Company\")\n \nPermian Basin G6 Well - Completed and being put into production\n \nNostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce that its recently drilled G6 Well, located in the Permian Basin, has been successfully completed and is being put into immediate production. \n \nThe G6 Well was completed in the Clear Fork formation with a common stimulation procedure for this formation. We are conducting final operations to place the well on continuous production, which is expected to take place in the coming days. During the completion process oil shows were already present at the surface.\n \nMatt Lofgran, Chief Executive Officer of Nostra Terra, commented:\n \n\"We've already upgraded the tank battery to facilitate the G6 well, and plan to put it into immediate production and pay status, similar to that done on the Twin Well.\n \nOur focus for the remainder of 2018 is to continue growing production and reserves in a meaningful way.\"\n \n \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\nNostra Terra Oil and Gas Company plc\nMatt Lofgran, CEO\n \n\n\nTel:\n\n\n+1 480 993 8933\n\n\n\n\nStrand Hanson Limited\n(Nominated & Financial Adviser and Joint Broker)\nRory Murphy / Ritchie Balmer / Jack Botros\n \n\n\nTel:\n\n\n+44 (0) 20 7409 3494\n\n\n\n\nSmaller Company Capital Limited (Joint Broker)\nRupert Williams / Jeremy Woodgate\n\n\nTel:\n\n\n+44 (0) 20 3651 2910\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END DRLFIMBTMBBTTMP\n ","length":...