Business
Permian Basin Twin Well - Production
Permian Basin Twin Well - Production.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \nRNS Number : 1132E Nostra Terra Oil & Gas Company PLC 07 February 2018 \n\n7 February 2018\n \nNostra Terra Oil and Gas Company plc\n(\"Nostra Terra\" or the \"Company\")\n \nPermian Basin Twin Well - put into immediate 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 Twin Well (the \"Twin Well\"), located in the Permian Basin, has been successfully completed and put into immediate production. \n \nThe Twin Well was completed in the Clear Fork formation with a common stimulation procedure for this formation. All production facilities are now in place and the Twin Well has been placed on continuous production. \n \nNostra Terra will update the market with production rates once they've been established.\n \nMatt Lofgran, Chief Executive Officer of Nostra Terra, commented:\n \n\"We've taken the time to complete the tank battery to facilitate the well going into immediate production and pay status. Drilling and completion has gone according to plan and we now look forward to updating the market with production rates and progress in planning our next drills.\"\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\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 \n \n \n \n \n \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DRLDQLFBVLFEBBZ\n ","length":5027,"tagName":"div"}]