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Well #1 on the Oktyabrskoe Field Returned to Jo...
Well #1 on the Oktyabrskoe Field Returned to Jo....
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n Nostra Terra Oil and Gas Company plc\n\n Well #1 on the Oktyabrskoe Field Returned to Joint Venture\n\n12 February 2008\n\nNostra Terra Oil and Gas Company plc is pleased to report that in accordance with the previous agreement with Nak Nadra\n\"Krymgeologia\" signed on February 5, 2008 Oktyabrskoe #1 was returned to the Joint Activity (JAA) effective February 7,\n2008. Well number one is a producing oil well and proceeds form the sale of oil from the well will be distributed in\naccordance with the JAA. It is expected that the well will produce in line with its production history of between 450\nto 660 barrels of oil per month.\n\nFor further information contact:\n\nNostra Terra Oil and Gas Company plc\nBrian Courtney, Chief Executive Officer [email protected]\nStephen Oakes, Non-executive Director Tel: +44 (0)207 877 8788\n\n\nBlomfield Corporate Finance Limited Tel: +44 (0)20 7512 0191\nAlan MacKenzie\nBen Jeynes \n ","length":1030,"tagName":"div"}]